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IRVINE, Calif., June 26 /PRNewswire/ -- Fidelity National Financial (NYSE: FNF), the nation's leading provider of title insurance and real estate-related services, and DEXMA, a Minneapolis-based developer of Internet products and solutions for the mortgage industry, today announced that they have entered into a strategic business relationship through which Fidelity National Financial's products and services will be made available to all DEXMA customers.
This relationship involves delivery of credit information, credit scores, flood compliance products, real estate valuation services, tax products, title insurance and title information products to DEXMA customers through a connection between Fidelity's bundled service division, National Lender Solutions, and DEXMA's Relate Communications Hub.
"We are excited about our pending Fidelity National Financial connection, as it will enable us to access multiple pieces of information quickly, through a single connection, allowing us to provide our customers with immediate access to high quality products and services," said Nick Kozlak, DEXMA Vice President. "We selected Fidelity National Financial, along with its majority owned subsidiary Micro General, as a technology partner because we felt they brought not only product expertise, but also the experience of being at the forefront of applying technology to the mortgage process, which will obviously benefit DEXMA customers."
"Fidelity National shares DEXMA's vision of providing real-time Internet-enabled lending decisions to their customers. Our combined efforts will ultimately lead to user-friendly and cost-efficient lending opportunities for consumers," said Frank Wiley, Vice Chairman of Fidelity National Financial. "Through our relationship with quality technology providers like DEXMA, Fidelity has been able to develop a new delivery channel for our real estate information services that fits our vision for the electronic delivery of decision information to the point of purchase."
DEXMA introduced the first software to combine Internet/intranet-based loan origination and customer service/portfolio retention with state-of-the-art connectivity for the mortgage banking industry. The RELATE suite of products is revolutionizing the mortgage banking industry by allowing lenders to quickly create new Internet consumer channels and provide efficient and faster ordering of mortgage services at the retail or wholesale point of origination.
About Fidelity National Financial
Headquartered in Irvine, California, Fidelity National Financial, Inc. is
the nation's leading title insurance and diversified real estate-related
services business. The Company's title insurance underwriters -- Fidelity
National Title, Chicago Title, Ticor Title, Security Union Title and Alamo
Title -- together issue approximately 30 percent of all title insurance
policies nationally. The company provides title insurance in 49 states, the
District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and
Canada. In addition, Fidelity, through its principal subsidiaries, performs
other real estate-related services such as escrow, appraisal services,
collection and trust activities, real estate information and technology
services, trustee's sale guarantees, credit reporting, attorney services,
flood certifications, real estate tax services, reconveyances, recording,
foreclosure publishing and posting services and exchange intermediary services
in connection with real estate transactions.
About Micro General Corporation
A full-service e-business and enterprise solutions provider, Micro General
Corporation (Nasdaq: MGEN), offers a complete range of information technology
services and Internet development, including systems integration, application
development, real estate industry applications, and e-commerce.
The company also operates several business units that include ACS Systems, Inc., and LD Exchange.com, Inc. ACS Systems provides e-business transaction solutions as well as work flow and document management solutions. Real EC developed and operates an Internet exchange that provides online real estate settlement services. RealEC, Inc. is owned by MGEN and Houston-based Stewart Title Company, an affiliate of Stewart Information Services Corporation (NYSE: STC). Micro General employs more than 350 individuals, primarily in professional and technical positions.
To learn more about Micro General Corporation visit: http://www.microgeneral.com or call 949.622.3927.
About DEXMA
Founded in 1995, DEXMA is the first company exclusively devoted to
delivering Internet-based solutions to the mortgage industry. Its fully
integrated, comprehensive software integrates diverse systems belonging to the
many providers of services that are essential to the mortgage process. Today,
DEXMA provides an array of Application and Connection Services to 30 percent
of the 25 largest loan originators.
For more information about Fidelity National Financial, Micro General and DEXMA please visit: http://www.fnf.com, http://www.microgeneral.com and http://www.dexma.com.
SOURCE Fidelity National Financial, Inc.