ServiceLink Web-based Closing Expands Capabilities with FamilyView

Business Wire, Oct 20, 2008

iClose allows mortgage professionals to close loans from any location

SAN FRANCISCO -- ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), offers lenders an expedient Web-based closing option for customers. iClose is a secure and convenient method for borrowers to close their loans in an online virtual meeting room. Borrowers can easily schedule a date and time that is convenient, and a ServiceLink closing agent guides them through their paperwork, using an online interface making the closing process faster and less cumbersome.

"With iClose, lenders are able to offer borrowers the ability to schedule their closing any time, anywhere," according to Kevin Gugenheim, executive vice president and chief strategy officer. "Customers will appreciate a product that is more convenient and helps them better understand their loan documents during the closing process."

Recent enhancements to the product include the ability to have third parties at different locations participate in the closing. This feature, on the advanced iClose platform, is called FamilyView and allows up to five approved participants to take part in the closing.

Fraud mitigation is also an added benefit to lenders using iClose. Potential fraud is identified prior to closing through an authentication process which complies with Graham-Leach-Bliley and FFIEC requirements. iClose requires a borrower to authenticate their identity prior to joining the closing session. Borrowers sign only one document, a Limited Power of Attorney that is notarized and returned to ServiceLink at no cost. The rest of the process is entirely online and the entire transaction and phone conversation is recorded and archived to ensure the security and authentication of the transaction.

iClose is currently being used by select lenders nationwide. For more information, visit the ServiceLink Web site at www.servicelink.iclosefnf.com.

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). Leveraging an industry leading technology platform, Vision(SM), ServiceLink offers a complete suite of title, settlement, appraisal, default and asset management related products and services. As one of the most experienced mortgage service providers in the United States, ServiceLink employs more than 1,200 associates, each an important part of the "Serve First" culture and exhibits an overriding commitment to quality and long-term strategic partnerships. "Consider it Done" is not just a tag line, but a testament to the culture, associates and the expectations of ServiceLink customers. ServiceLink is licensed to operate in all 50 states and services eight of the top ten lenders in the United States. 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. For more information, visit the company's Web site at www.servicelinkfnf.com or contact ServiceLink at 1-800-439-5451.