fnf.
Leveraging one system to service traditional mortgages and HELOCs gives
GreenPoint a competitive advantage. FNF is the nation's largest title
insurance company, with
nearly 32 percent national market share, and is also a
provider of other specialty insurance products
, including flood insurance,
homeowners insurance and home warranty insurance.defaulted bankrupt
"
MSP, the industry
's leading mortgage servicing software, enables
GreenPoint to automate all areas of its loan servicing
, including loan setup
and maintenance, customer service, cashiering, escrow administration, investor
accounting, default management and federal regulatory reporting. North Fork Bancorporation, Inc.
and North Fork Bancorporation, Inc.tradewinds dynatek
Fifteen of
the Top 50 U.S.fnf.imx bankrupt
("FIS"), the Company
is a
leading provider of technology solutions, processing services and
information services to the financial
services and real estate industries.
GreenPoint services more than 303,000 mortgage loans and home
equity lines of
credit (HELOCs) on MSP and intends to convert an additional 25,000 mortgages
to
MSP this year. "We
have used MSP for more than 15 years and are excited to be working closely
with
Fidelity on its HELOC enhancements. More information
about the FNF family of companies can be found
at http://www.
This press release contains statements related to future events and
expectations
and, as such, constitutes forward-looking statements.originating closing
"Establishing a presence on GHR's third
-party platform will extend our
visibility and provides us with an opportunity to obtain more lender
clients,"
said Robert Boitano, President of LSI Credit Services. JACKSONVILLE, Fla.
"Fidelity
's MSP servicing system is one of the keys to our success," said
Michael De Francesco, senior vice
president of servicing for GreenPoint. Additionally,
with MSP, GreenPoint can fully integrate its
servicing processes for HELOCs
into MSP and benefit from established functionality within MSP to
perform
investor accounting processes. The risks and uncertainties which forward-looking
statements
are subject to include, but are not limited to, the effect of
governmental regulations, the economy
, competition and other risks detailed
from time to time in the "Management's Discussion and Analysis
" section of the
company's Form 10-K and other reports and filings with the Securities and
Exchange
Commission.originating loan
renewed its
contract for Fidelity's industry-leading mortgage servicing package (MSP
).origination lender
As
GreenPoint continues to grow its HELOC portfolio, it will benefit from the
fully enhanced
HELOC capabilities embedded in MSP. (NYSE: NFB),
headquartered in Melville, New York, is a commercial
bank holding company with
assets of approximately $55 billion and provides a variety of financial
services through its subsidiaries. Through its majority-owned
subsidiary Fidelity National Information
Services, Inc.masterwork loan
GHR Establishes Integrated Interface for Credit Reports with LSI Credit Services
"GHR's clients will
have access to our credit services that include application data entry, credit
bureau access, automated and judgmental decisioning, host system and database
access and notification
.com. As we continue to grow our mortgage
business, we are happy to have Fidelity on our team. Plus
, since MSP treats HELOCs as collateralized
assets, GreenPoint is able to mitigate its overall risk
with non-performing
loans. "We look forward to working with
GreenPoint to meet their business
objectives with seamless conversions and
enhanced HELOC functionality., number 261 on the Fortune
500, is a
provider of products and outsourced services and solutions to financial
institutions
and the real estate industry.biweekly underwriting
WAYNE, Pa.S. financial institutions and
it has clients in more than
50 countries who rely on its processing and
outsourcing products and services.com and
http://www
. GreenPoint also uses Fidelity's graphical, client
server, voice response unit, Internet customer
service, check creation and
data analytics tools.com and
http://www.com .tradewinds docs
S. More information about
GreenPoint Mortgage
Funding, Inc.
FIS' software processes nearly 50 percent of all U.S. FIS offers
information
services, including property data and real estate-related services that are
used by
lenders, mortgage investors and real estate professionals to complete
residential real estate transactions
throughout the U.bankrupt mortgage
, GHR Systems, Inc.
Fidelity continues to invest in its MSP system to enhance
its HELOC
capabilities.S.defaulted masterwork
About GHR
GHR Systems, Inc. For more information, please
visit
http://www. These enhancements will include providing MSP users with credit
card interfacing
for HELOC loans and enabling borrowers to use credit cards to
access the funds from their HELOC loan
. ("FIS"), the Company
is a leading provider of technology solutions, processing services and
information
services to the financial services and real estate industries.
streamline document
"
"The connection to an industry
leader like LSI Credit presents GHR's
clients with a variety of credit reports and related services
to meet the
ever-changing needs of the residential mortgage industry," said Cy Brinn, CEO
of GHR
Systems. can be found at
http://www.NorthForkBank. financial institutions, and
it has clients
in more than 50 countries who rely on its processing and
outsourcing products and services.fidelityinfoservices
.sites that market the Loan production and management software for lenders.
harland mortgage
GHR's integration
with LSI Credit will pave the way for access to a wide
range of Internet and software-based request
and delivery solutions to improve
production processes.GreenPoint Mortgage Renews Contract for Fidelity
's Mortgage Servicing Platform
loan defaulted
, number 261 on the Fortune 500, is a
provider of products and outsourced
services and solutions to financial
institutions and the real estate industry.com. GHR's systems
are used by large, mid-sized, and emerging lenders
to better market, sell and close loans through
all distribution channels,
including wholesale, retail, consumer direct and correspondent. GHR is
a Microsoft Gold
Certified Software Development Partner.defaulted underwriting
residential mortgages,
it has processing
and technology relationships with 45 of the top 50 U. provides loan origination, processing and closing
systems for the residential mortgage, consumer and small business lending
industries.
More
than 50 percent of mortgage lenders use MSP to service their
mortgages, as this solution reduces
overall servicing costs and promotes
increased productivity."
GreenPoint Mortgage Funding
, Inc.
Fidelity National Financial, Inc. FIS also provides customized business
process
outsourcing related to aspects of the origination and management of
mortgage loans to national lenders
and servicers.harland notaries
"
About Fidelity National Financial
Fidelity National Financial, Inc
. Mortgage lenders use GHR's systems.ghrsystems.
"Fidelity has had a strong partnership with GreenPoint
for many years,"
said Hugh Harris, president of the Financial Services Technology Solutions
division
of Fidelity Information Services.originating diligence
Lenders and brokers using GHR solutions will have
seamless access
to credit information directly via this relationship with LSI
Credit Services.lender biweekly
FNF is the nation
's largest title
insurance company, with nearly 32 percent national market share, and is also a
provider
of other specialty insurance products, including flood insurance,
homeowners insurance and home warranty
insurance.
banks and more than 2,800 small and mid-sized U.S.
GreenPoint, one of the nation
's top 20 mortgage servicers, renewed its
contract due to the significant value and reliability that
MSP adds to its
operations. MSP also gives GreenPoint a single platform for servicing
traditional
mortgage loans and home equity lines of credit (HELOCs). residential mortgages;
it has processing
and technology relationships with 45 of the top 50 U. The company expressly disclaims any duty to update
or revise forward-
looking statements.
loan closing
S. Additionally, lenders will be able to
place
a hold on the mortgagor's account for a specific amount in anticipation
of an advance, providing
them with balance protection and fraud prevention.notaries imx
, Fidelity Information
Services (Fidelity), a
division of Fidelity National Financial, Inc., a national mortgage banking company
headquartered
in Novato, California, is a leading national lender in
residential mortgages, specializing in no
-documentation and "Alternative A"
mortgage loans.dynatek outsource
fidelityinfoservices. GreenPoint Mortgage is a subsidiary
of North Fork
Bancorporation, Inc.S.
banks and more than 2,800 small and mid-sized U.tradewinds underwriting
FIS also
provides customized business
process outsourcing related to aspects of the origination and management
of
mortgage loans to national lenders and services. FIS offers information
services, including
property data and real estate-related services that are
used by lenders, mortgage investors and real
estate professionals to complete
residential real estate transactions throughout the U.
(NYSE:
FNF), announced that GreenPoint Mortgage Funding, Inc.amortization masterwork
FIS' software processes nearly 50 percent
of all U.S.
For media inquiries, contact Tricia Schafer-Petrecz at (484) 595-2125,
write GHR Systems, 640 Lee Road, Wayne, PA 19087 or
e-mail tricia_petrecz@ghrsystems
.com.com .origination mortgage
, a leader in lending
automation solutions, announced today that it has established an integrated
link to offer clients the capability to place automated orders for credit
reports from one of
the nation's largest credit reporting organizations, LSI
Credit Services, a division of Fidelity
National Financial. "This direct connection to LSI Credit Services' interface
will enable GHR's
clients to access superior customer service and
technological expertise at the click of a button
through our Loan Origination
Studio, Wholesale Origination Website and other point of sale solutions
. Through its majority-owned
subsidiary Fidelity National Information Services, Inc. More information
about the FNF family of companies can be found at http://www. These
forward-looking statements
are subject to known and unknown risks,
uncertainties and other factors that may cause actual results
, performance or
achievements of the company to be different from those expressed or implied
above
.tradewinds masterwork
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