Paradigm Quest Announces Expanded Partnership With Macquarie Financial Ltd.

By Paradigm Quest Inc., PRNE
Monday, June 20, 2011

TORONTO, June 21, 2011 -


- Expands Total Mortgage Assets Under Management
to Over $18 Billion

Paradigm Quest Inc. and Macquarie Financial Ltd. have entered
into an agreement in which Paradigm will grow and expand its
outsourced mortgage servicing solution to over $18 billion dollars
under administration.  Paradigm will provide a fully
outsourced mortgage servicing solution for Macquarie’s Canadian
residential mortgage portfolio. Under the terms of the agreement,
Macquarie has agreed to outsource an additional $7 billion over and
above the $1.5 billion portfolio already serviced by Paradigm.

“Paradigm’s ability to deliver high quality asset management
and excellent customer service has enabled an exciting opportunity
to expand its relationship with
Macquarie to service
its entire residential mortgage portfolio.  Our core strength
at Paradigm is to build valuable relationships with our business
partners.   We are thrilled to broaden our partnership
Macquarie and welcome their many talented
employees to our organization” said Kathy Gregory, Founding
President & CEO of Paradigm Quest.

We’re very pleased to expand our strong relationship with
Paradigm to include our full mortgage portfolio,” said Matt Rady,
Head of Macquarie Banking and Financial Services Group,

North America. “This partnership enables us to more
efficiently run our retail financial services division, while
ensuring our mortgage borrowers continue to receive excellent
customer service.”

Closing of these agreements is subject to usual conditions
precedent and regulatory approvals.

About Paradigm Quest Inc

Launched in 2005, Paradigm Quest Inc., href="">
is a leading Canadian mortgage underwriting and servicing business
process outsourcing company.  The company has experienced
rapid growth and with this new agreement currently services over
$18 billion in residential mortgages across Canada.  
Operating with proprietary, end to end state-of-the-art technology
and with extensive knowledge of the Canadian mortgage market,
Paradigm offers a customizable business process management solution
for multiple banks and other mortgage lenders.  Paradigm Quest
has offices in Toronto, Vancouver and Montreal and is ranked as an
“above average” mortgage servicer by Standard & Poor’s,
partnering with over 8 different mortgage brands in the market

About Macquarie Financial Ltd

Macquarie Financial is a Canadian Mortgage Lender
committed to providing high ratio and conventional residential
mortgages to Canadians. The company is part of the Macquarie
Banking and Financial Services Group, the primary relationship
manager for Macquarie Group’s retail client base, providing a
diverse range of products and services to personal investors,
financial planners and other professional service providers. The
Macquarie Banking and Financial Services Group has more than 1.04
million clients globally.

For further information:
All queries should be directed to:
Donald Zuill, CFO, Paradigm Quest

+1-888-675-8358 x 2223


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