News and Announcements.

TACOMA, WA, Dec. 6, 2007 – NoteWorld LLC announced today it was purchased from C-BASS LLC, by NoteWorld President/CEO, Linda Remsberg.

NoteWorld, which has been in business for 30 years, is the nation’s largest servicer of seller finance loans and personal debt escrows, and also purchases retail seller finance notes. C-BASS purchased NoteWorld in 1998. “While we have been grateful for the years of ownership by C-BASS, the recent turmoil in the market and the opportunity for growth in seller finance has opened up the opportunity for an individual to own the organization,” Remsberg said.

Remsberg, who joined NoteWorld in June 1998, is a successful entrepreneur and strong business developer. Prior to being appointed President by C-BASS, Remsberg fulfilled the duties of Executive Vice President while overseeing the seller finance servicing business unit. A well-respected professional in the escrow industry, Remsberg's experience includes founding her own company in 1983, which developed and sold software to title and escrow companies. She developed three generations of technology that have been installed in more than 400 companies and have a presence in more than 1,000 companies. After turning the company into a multimillion-dollar asset, Remsberg sold her investment and began working as a consultant with businesses like Stewart Title and Land America.

“I am honored not only to own this company, but also work along such a talented staff,” Remsberg said. “NoteWorld is a strong company financially and well positioned for 2008.”

NoteWorld currently services over $4 billion in third-party escrow loans and manages trust accounts totaling over $74 million. With its proprietary technology, expert staff and strong commitment to its clients and customers, NoteWorld meets the third-party servicing needs in 40 states through 10 offices. NoteWorld’s corporate headquarters are located in Tacoma, WA.

About NoteWorld Servicing Center
NoteWorld Servicing Center provides escrow services to niche markets related to real estate and personal finances through trust accounts that are continuously current and accurate and annually audited. Further, NoteWorld is a disinterested third party which holds money and/or documents until conditions of escrow instructions between two parties have been met. NoteWorld was founded to serve organizations in the niche market of seller finance through third-party servicing and product offerings that enhance seller finance transactions. These services include payment processing and call center support. NoteWorld has since expanded and now provides personal escrow services to parties involved in managing personal finances.