FNF Fidelity National Financial Inc

Chicago Title and Document Processing Systems (DPS) Will Automate Mortgage Closings for Consumers and Lenders CHICAGO and NOVI, Mich., March 30 /PRNewswire/ -- Physically signing dozens of mortgage documents and the associated writer's cramp that results are soon to be a thing of the past for mortgage borrowers. Gone too will be the potential for many types of errors that plague both lenders and title companies when the signature process takes place. Chicago Title Insurance Company, an affiliate of Fidelity National Title Group, Inc. (NYSE:FNT) the nation's largest title insurance company, has signed an agreement with Document Processing Systems, Inc., the mortgage industry's leader in paperless eMortgage technology, to roll out the DPS eMortgage Studio(TM) to its offices beginning in the Midwest. "Improving the borrower experience at closing has always been a top priority at Chicago Title," said Stat Geer, Executive Vice President and Division Manager of Chicago Title. "The simplicity and ease of the DPS eMortgage Studio(TM) will allow all the participants of the closing process to enjoy a simplified, faster and more accurate closing, done with the highest security and safeguards to privacy." "Mortgage closings are one of the last places in the United States where paper documents are still used commonly. In fact, the costs associated with managing paper closings have actually been increasing," said Paul Rakowicz, President of DPS. "The DPS eMortgage Studio(TM) allows companies like Chicago Title to execute mortgage closings in a paper-free environment, with significant savings on document delivery, storage, and error correction costs." Chicago Title will first begin rolling out this new system to its Chicago-area branches, and will continue expansion efforts as lenders and other customers come on line. About Chicago Title Chicago Title is a subsidiary of Fidelity National Title Group, Inc., (NYSE:FNT) the nation's largest title insurance company and a majority-owned, publicly traded subsidiary of Fidelity National Financial, Inc. (NYSE:FNF). Fidelity National Title Group, Inc. is the nation's largest title insurance company. The Company's title insurance underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title -- issue approximately 31 percent of all title insurance policies in the United States. Through its direct operations and agencies, the Company provides title insurance in 49 states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and Canada. In 2005, Fidelity National Title Group also acquired Service Link, a leading provider of title and closing services to major financial institutions and lenders, including six of the top 10 lending institutions in the United States ranked by loan origination volume. More information about Fidelity National Title Group can be found at http://www.fntg.com/. Fidelity National Title Group is a majority-owned subsidiary of Fidelity National Financial Inc. (NYSE:FNF), number 261 on the Fortune 500 and a provider of products and outsourced services and solutions to a variety of industries. More information about FNF can be found at http://www.fnf.com/. About DPS DPS' patent-pending Electronic Mortgage Document Management (EMDM) System, the DPS eMortgage Studio(TM), sets the standard in the Industry by providing web-based, enterprise-quality access to a fully paperless, MERS(R) eRegistry-accessible, eMortgage process. An established pioneer and leader in the mortgage technology industry since 1982, DPS also nationally supports thousands of lenders with their DIRECT-DOCS(R) web-based closing-document preparation service and a full complement of compliance and technology professional services. http://www.documentprocessing.com/ Media Contact: Kelly P. Kroll 248.344.1754 Marketing Renovations, LLC DATASOURCE: DPS CONTACT: Kelly P. Kroll of Marketing Renovations, LLC for DPS, +1-248-344-1754 Web site: http://www.documentprocessing.com/ http://www.fnf.com/ http://www.fntg.com/

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