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BSI Accelerates Growth with Addition of The SRS Group's Quality Control Division.

Expanding QC Division and West Coast Offices Bolster BSI's Outsourcing Solutions

IRVING, Texas and WALNUT CREEK, Calif. -- BSI Financial Services, Inc., the performance leader in mortgage subservicing and quality control services, and The SRS Group announced today that BSI has acquired

the SRS Contract Services Division with all staff and functions, including pre and post closing audits, due diligence, and other outsource closing services. The transaction increases the scale of BSI's Closing Services Division, deepens its industry specific expertise, and improves its West Coast presence to better serve current and future clients.

The SRS Group is a leader in outsource solutions for US residential mortgage originators with a strong track record in Quality Control and Temporary Staffing. The SRS Group's Temporary Staffing Division will continue separately under current management and the SRS Contract Services Division is now part of the BSI Closing Services Division, maintaining the current staff and offices. SRS customers will experience no disruption to their current services or agreements and will benefit from BSI's broader business process outsourcing solutions and management experience.

"BSI brings a seasoned management team and a global perspective to an already successful QC division, which will grow even stronger as part of this organization by providing a cost effective suite of outsource solutions that are customized to each clients' needs," said Kathy Sweeney, CEO of SRS. "BSI's focus on growth through exceeding client expectations gives me great confidence that this division will continue to grow and prosper."

"We are excited to bring SRS's QC division on board. SRS created a large and growing client base by providing the same kind of customized outsourcing that has been BSI's focus," said Gagan Sharma, President and CEO of BSI Financial Services. "We are strategically building our company in order to provide customers with end-to-end outsourcing solutions, in the locations and at the scale they demand. Whether companies are looking for full outsource solutions or selective services, they can turn to us for the highest quality experience."

About BSI Financial Services

BSI Financial Services is a provider of mortgage subservicing, quality control and business process outsourcing services. Leveraging its global delivery model and 20 year track record of success, BSI provides clients with customized solutions to improve service quality, lower costs and reduce turnaround time.

BSI is an approved servicer with Fannie Mae, Freddie Mac, Ginnie Mae, HUD, VA, Federal Home Loan Bank and several private investors. For more information, visit www.bsifinancial.com, email us at sales@bsifinancial.com, or call (972) 746-2037.

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