Business Services Industry
ServiceLink Offers Special Services for Reverse Mortgages
Business Wire, August 19, 2008
Program Helps Non-Traditional Borrowers
PITTSBURGH -- ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), has enhanced its title and settlement solution for reverse mortgage transactions.
Understanding that reverse mortgages differ from standard refinance transactions, ServiceLink offers a personal approach to help non-traditional borrowers close loans. The company has a dedicated reverse mortgage staff that is rigorously trained in these types of transactions. As borrowers often require additional time and attention to complete the process, ServiceLink's reverse mortgage closing agents can answer questions and resolve issues that may affect the closing and expedite title commitment.
The company also offers several closing options. iClose(SM), ServiceLink's Web-based electronic closing platform, is designed for reverse mortgages. It is secure, convenient, easy-to-use and allows the borrower to close online, virtually anywhere and at any time. Borrowers appreciate the personal assistance received from a reverse mortgage signing agent through an online virtual meeting room. In addition, ServiceLink has given iClose special FamilyView(SM)capabilities that allow approved third parties, such as family members, attorneys or loan officers, to join the closing from remote locations. The entire reverse mortgage signing session, including all of the borrower's responses, are documented and recorded. For in-office or in-home closings, borrowers can pre-select appraisal appointment and signing dates at the point of sale.
About ServiceLink
ServiceLink is a leading provider of origination and default services and is the national mortgage services platform for the Fidelity National Financial family of companies (NYSE:FNF). With the recent acquisition of ATM Corporation of America and its integration into ServiceLink, mortgage lenders and servicers are now offered a complete suite of title, settlement, appraisal, default and asset management-related products and services using industry-leading technology. Together, these two units under ServiceLink present one of the most experienced mortgage services providers in the United States and employ more than 1,200 experienced associates. ServiceLink is an operating division for five Fidelity National Title Group (FNTG) underwriters that include: Chicago Title, Fidelity National Title, Ticor Title, Alamo Title and Security Union. ServiceLink is licensed to operate in all 50 states and services eight of the top ten lenders in the United States. For more information, visit the company's Web site at www.servicelinkfnf.com or contact ServiceLink at 1-800-439-5451.
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