Industry News

Fidelity launches one-stop real estate loan tool

Pairing of mortgage products aims to streamline services

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Fidelity National Financial today announced an integration of technologies that will automate the ordering, tracking and delivery of products and services for the mortgage origination and default markets. The electronic ordering and tracking technologies are expected to provide lenders and servicers increased efficiencies, reduced cost and improved performance of third-party providers, company officials said, referring to this pairing of products as "the first and most complete electronic mortgage lifecycle solution of its kind." The consolidation features RealEC Exchange, an online ordering and delivery system for real estate-related products and services, and NewWay Suite modules, which provide vendor management services, regulatory driven product ordering and billing guidelines, electronic order placement, results and invoice reconciliation. "We are committed to helping our customers enhance efficiencies," said Jason Nadeau, president and CIO of RealEC. "With the seamless int...