Fidelity National Default Solutions' NewInvoice and RealEC Technologies Announce Partnership

JACKSONVILLE, FL – Fidelity National Default Solutions, a division of Fidelity National Financial, Inc. (NYSE: FNF), today announced a significant strategic partnership between its NewInvoice division, the preeminent provider of electronic bill presentment (EBP) services, and RealEC Technologies™, the industry’s leading secure Electronic Partner Network for mortgage fulfillment transactions and the industry’s leading provider of Supply Chain Technology, and majority-owned subsidiary of Fidelity National Financial. The partnership and bi-directional integration of the two largest B2B providers in the mortgage industry will provide a single point of access that will revolutionize the automated ordering, tracking, reconciliation, electronic invoicing and payment of products and services throughout the mortgage lifecycle.

RealEC’s Exchange is an all-inclusive on-line ordering and delivery solution of all real estate-related products and services that includes predefined provider workflows, collaborative file management, electronic fee negotiation, extended XML product data sets, rules-based product data reviews, customized data warehousing and analysis and detailed service level management. NewOrder Express and NewInvoice, are powerful components of Fidelity National Default Solution’s NewWay™ Suite, and provide integrated vendor management services, regulatory compliance of product ordering and billing guidelines, electronic order placement, results and invoice reconciliation to default servicers and their service providers.

By providing a single point of access to the functionality of these two companies, mortgage loan originators will now have access to electronic invoice management, and mortgage loan servicers will have access to the RealEC-connected service providers. Therefore, this integration will allow lenders and servicers to automate the ordering, tracking, delivery and electronic invoicing of products and services for the origination and default markets — the most complete settlement service lifecycle solution of its kind. Lenders and servicers will realize increased efficiencies and reduced costs by having orders placed and tracked electronically, results compared with Service Level Agreements and the reconciliation of the order, completion and billing information.

“We are committed to helping our customers enhance efficiencies,” said Jason Nadeau, President and CIO of RealEC. “With the seamless integration of our Exchange and Fidelity’s NewWay Suite modules, we will be able to offer customers an enhanced solution that incorporates default services ordering and the time-saving convenience of electronic invoice management.”

“The mortgage industry is aggressively seeking ways to be more efficient and productive, and our one-stop, automated solutions will help them accomplish that,” said Rich Rollins, President of NewInvoice. “We are very excited about this unique partnership with RealEC to give lenders a powerful, single point of access to origination and default service providers by the industry’s largest and most comprehensive solutions. The scope and range of solutions accessed through either platform will be unparalleled in the industry.”

For more information about NewInvoice, please visit www.newinvoice.com.

About RealEC Technologies
Founded in 1998, RealEC Technologies provides an intelligent, electronic exchange for mortgage loan originators, realtors, and settlement service providers. The company’s products are designed to facilitate the origination, servicing, statusing and closing of real estate transactions and enable real estate practitioners to significantly enhance their business by increasing operational efficiencies, improving customer service and generating new sources of revenue.

RealEC provides Supply Chain Management Software, Integration Services, Intelligent Product Decision Tools, Vendor Sourcing Tools, and a robust B2B exchange for the mortgage lending industry. Through one connection, the RealEC Exchange enables mortgage originators to conduct e-business with thousands of service providers while offering more direct connections to settlement service providers than any other network in the industry. RealEC’s iSelect™ intelligent ordering tool personalizes and automates the lender’s choice of products and providers. For more information visit: www.realec.com.

RealEC Technologies is a majority-owned subsidiary of Fidelity National Financial with significant equity ownership by Stewart Title Company and LandAmerica Financial Group.

About Fidelity National Financial
Fidelity National Financial, Inc., number 262 on the Fortune 500, is a provider of products and outsourced services and solutions to financial institutions and the real estate industry. The Company had total revenue of more than $7.7 billion and earned more than $860 million in 2003, with cash flow from operations of nearly $1.3 billion for that same period. FNF is a leading provider of information-based technology solutions and processing services to financial institutions and the mortgage and financial services industries through its subsidiary Fidelity Information Services, Inc. Fidelity Information Services’ software processes nearly 50 percent of all U.S. residential mortgages, it has processing and technology relationships with 45 of the top 50 U.S. banks and has clients in more than 50 countries who rely on its processing and outsourcing products and services. Additionally, FNF is the nation’s largest title insurance company and also provides other real estate-related services such as escrow, flood and tax certifications with life of loan monitoring, merged credit reporting, property valuations and appraisals, default management, relocation services, flood, homeowners and home warranty insurance, exchange intermediary services, mortgage loan aggregation and fulfillment, multiple listing services software, mortgage loan origination software, collateral scoring analytics and real property data. More information about the FNF family of companies can be found at www.fnf.com and http://www.fidelityinfoservices.com.

About NewInvoice, LLC
NewInvoice, a subsidiary of Fidelity National Default Solutions, provides business-to-business electronic bill presentment(EBP) technology for vendor invoices to the mortgage industry. NewInvoice standardizes, pre-analyzes and electronically presents vendor invoices to the servicer while eliminating duplicate invoices and data entry. NewInvoice™, a web-based product, has specialized modules that go beyond standard electronic bill presentment requirements. NewInvoice includes such specialized modules as: management of final bills, automated bulk sales and acquisitions, advance and credit processing, servicer generated invoices, remote reporting, electronic payments (ACH) and image attachment of receipts, checks or photographs. For more information about NewInvoice, please visit www.newinvoice.com.

This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. 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. The Company expressly disclaims any duty to update or revise forward- looking statements. 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.