Certification signifies commitment to customer service

HOUSTON -- Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, announces the receipt of SAS 70 Type I certification from Washington, D.C.-based DuPont & Morgan LLP for control objectives and activities throughout the organization. SAS 70 is the authoritative guidance that allows service organizations to disclose their control activities and processes to their customers and their customers' auditors in a uniform reporting format.

A SAS 70 examination signifies that a service organization has had its control objectives and control activities examined by an independent accounting and auditing firm. The SAS 70 Type I audit involves an examination of IMS' operational controls, as they relate to processes and procedures effective October 1, 2007. A formal report including the auditor's opinion ("Service Auditor's Report") is issued to the service organization at the conclusion of a SAS 70 examination.

"With the changing regulatory and compliance landscape, IMS is proactively taking steps to remain up-to-date with industry guidelines," said Cheryl Lang, president of IMS. "The SAS 70 Type I certification illustrates our commitment to data security and compliance, while also being responsive to our customer's needs in a more process-conscious industry."

IMS plans to complete a SAS 70 Type II Certification within the next six months. With a SAS 70 Type II audit, IMS' operational controls will undergo extensive testing for a period of six months.

IMS chose to rely on DuPont & Morgan, LLP for its expertise and commitment to providing efficient SAS 70 audits. As part of the process, DuPont & Morgan closely examined IMS' operational controls on the processing of transactions and controls.

About IMS

Integrated Mortgage Solutions (www.imstoday.com) is the collateral protection resource for the mortgage servicing industry, offering loss draft, inspections and preservation, hazard claims processing, property repair and consulting services. The company was created with the sole purpose of helping mortgage servicing companies handle damaged properties efficiently and effectively by reducing costs, risks and administrative burdens.