Cascadia Equity Leasing and Trio

Introduction to Capabilities

We believe

Cascadia and the AmericanHousing Finance Model

We believe in greater access to homeownership and self-determination.

We believe that the choices in home financing—either renting or owning—are incomplete and out of synch with the needs and realities

of the American economy and way of life.We believe that the financial leap to homeownership has become too difficult and increasingly inaccessible for too

many.

That is why we believe that Americans want and require a home financing program that provides

greater flexibility, security and control than their current choices.

In a world where the median duration of homeownership is five years, we believe there should be a way to finance a home for five

years.

We believe that the home and owner match, like marriage, benefits from a period of engagement before commitment.

About Cascadia Equity Leasing

Cascadia Equity Leasing, LLC, a private financial services company, is active in creating and implementing a complete investment and lease servicing program for the residential real estate industry.

Cascadia’s Own Option residential leasing program, Trio, is based upon the market-proven automobile leasing model, and is designed to help facilitate the transition to homeownership.

In this difficult foreclosure climate, Cascadia offers comprehensive implementation of a structured short sale program that mitigates the need for both note holders and customers to endure the universally destructive foreclosure process.

Additionally, for those impaired by foreclosure, Cascadia offers an immediate, tangible path to financial stability and a return to homeownership.

Cascadia ConnectsThrough the Trio Own Option leasing program, Cascadia connects all facets of the housing system to accelerate supply and demand.

Private EquityHedge Funds

BanksREITs

Family OfficeAsset Managers

BuildersBrokers

FNMAFMAFHA VA FHFAGSEsHousing AgenciesHousing AuthoritiesNon-Profits

Horizontally MobileRelocatingUpwardly MobileSelf-EmployedMilitary

Starting OutUp-ended

Negative EquityDelinquentForeclosed

The utility of Trio home financing.

• Trio saves homeowners and banks from the costly foreclosure process

• Trio helps families get back into a home if foreclosure has already occurred

• Trio bridges under-qualified or under-capitalized buyers into homeownership

• Trio assists mobile, relocating or transitional workers by providing access to one to five year terms on quality homes in desirable neighborhoods.

No other type of home financing offers as much utility as Trio. Including the option, not obligation to buy.

• Consumers “go shopping” for a home, based on pre-qualified monthly lease payments

• Cascadia provides flexible long-term leases of 1 – 5 years to consumers for selected properties

• Maintenance, renter’s insurance & other operating expenses are paid by the consumer directly

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How Trio Works for Consumers

• At lease end, consumers either purchase the home, exchange it for another, extend their term or return it

• Consumers build equity, credits & savings toward their optional purchase

• Financial counseling provided as required

The Trio Customer Spectrum

Capable

Upwardly Mobile

Second Home

Relocating

Moving Up

Horizontally Mobile

Millennials, Moving On

Military Returning or Retiring

Self-Employed

Or New Job

Trio provides financially capable individuals more options and flexibility in their choice and term of residence.

The Trio Customer Spectrum

Compromised

Foreclosed

Starting Out Cash & Credit Poor

Negative Equity

No down payment

Delinquent

Underwater

Locked-out

Up-ended Health or Status

Trio serves a broad range of individuals and families who lack the immediate ability to qualify for homeownership.

• TrioSelect A one to five year, own option lease on a quality home, town home or condominium, selected by the customer. – Includes an option, not obligation to buy at a pre-determined minimum price. Down payment

credits for on-time payments and a 25% match for savings up to $5000.

• TrioReady Like TrioSelect, except that properties are pre-screened and approved, ready to move into in ten days or less.

• TrioNext Specifically for those situations involving foreclosure, whether entering or exiting. – In a pre-foreclosure situation, TrioNext gives the homeowner the ability to convert to a lease

and live in peace, while retaining the right to re-purchase at a later date. – With those recovering from foreclosure, TrioNext offers the next step towards the return to

homeownership, by offering a lease on a home, instead of the more temporary and communal apartment living.

• TrioSimple In those cases where future homeownership is not desired or an option, TrioSimple provides a guaranteed, simple term lease.

The Trio Product LineTrio offers a full range of lease-based financial programs designed to provide greater access to homeownership.

Trio Deal Flow: Builder/DeveloperCascadia partners with builders to restore sales momentum to standing inventory by introducing Trio leases to their financing mix and thereby capturing “transitional homeowners” with a lower threshold of qualification.

Trio Deal Flow: Website Customer CaptureThe thinktrio.com website is Cascadia’s centralized point of contact for customer education, conversion, and capture through lease application.

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SUSTAINABLE BUSINESSCascadia Equity Leasing LLC, a member of the Cascadia Real Estate Group, providing investment, real estate services, property management and leasing programs since 2001.

PRACTICAL SOLUTIONSCascadia’s lease financing program enables consumers to bridge into homeownership and overcome mortgage qualification issues. Cascadia’s servicing platform delivers turn-key solutions for investors in residential real estate.

INVESTOR PROGRAMS Cascadia sources quality lease-backed real estate assets for institutional partners and provides a loss mitigation solution for holders of distressed note portfolios. Cascadia delivers superior returns due to its proprietary methods, systems and business partners.

INSTITUTIONAL BACKINGCascadia is partnered with some of the largest institutional firms in the US from private to public to non-profit.

SOLID FOUNDATIONCascadia believes in building long-term relationships with all of its stakeholders from asset managers to leasing agents to governmental partners to investors to all others in the chain.

Business Overview

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PHASE I – ENGAGEMENT AND PROGRAM DESIGN Cascadia works with each investor to define specific objectives including: geographic, returns, holding period, asset type, concentration levels and portfolio construction.

PHASE II – ASSET ACQUISITIONOnce objectives are designed, Cascadia sources and underwrites assets for acquisition through its channels. Cascadia programs each asset or project for holding period, required reserves, leverage, operating objectives and return targets

PHASE III – PROGRAM MANAGEMENTUpon acquisition, Cascadia delivers complete property management including: lease up, lease servicing, asset management, inspections, consumer management and reporting

PHASE IV – ASSET DISPOSITIONSCascadia is engaged from inception to disposition. Cascadia delivers optimized asset dispositions through option conversions to consumers, facilitated retail sales, bulk institutional sales or project refinancing

Cascadia Services

• Management, advisory team & strategic partners have extensive experience in real estate, financial services, technology, consumer marketing and launching national technology and financial products

• Management has been involved in financing billions of dollars in housing of both single family and multi-family

• Cascadia’s team initiated the first single family lease purchase program with Fannie Mae and Freddie Mac in the Seattle market

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Experience

• Program converted 100% into ownership.

• Management successfully launched TRIO in Seattle in 2010 and is currently executing a national roll-out strategy

Darryl Lewis – CEO & Managing MemberExpertise: Finance, Real Estate & Mortgage, Technology

Patrick Howard – Managing Director, Capital MarketsExpertise: Financial Services, Real Estate, Structured

FinancingsBen Evans – Managing Director, Marketing

Expertise: Consumer Products, Branding, Demand GenerationJan Schrag– Managing Director, Operations

Expertise: Financial Institutions, Operations, Customer Sales & Service

Advisory team has world class experience in consumer finance, marketing, securitization, real estate financing, banking systems, structured finance, equipment & auto leasing, technology and consumer branding

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Executive Management Team

Cascadia Equity Leasing, LLC1501 4th Ave, Suite 1550

Seattle, WA 98101

Consumer site: thinktrio.comCorporate site: cascadialeasing.com