Fidelity National Information Services to Provide Flood Certification and Tracking Services to National City Corporation
June 15, 2006
Jacksonville, Florida - Fidelity National Information Services, Inc. (NYSE:FIS) has reached an agreement with National City Corporation to provide flood certification and tracking services to the retail banking, National Home Equity, National City Mortgage and First Franklin Financial lines of business.
Under the agreement, FIS will supply National City with guaranteed flood zone determinations that provide all required Federal Emergency Management Agency (FEMA) flood map and community participation status information.
"Fidelity's flood certification and tracking services will help us appropriately extend life of loan tracking services and monitor FEMA flood map revisions and community participation status changes to ensure compliance with federal regulations and secondary market guidelines," said Jean Jacques Beaussart, chief procurement officer at National City Corporation.
"We are excited to have been chosen by National City to provide the highest quality flood determination services available," said Brian Hershkowitz, president, Mortgage Information Services for Fidelity National Information Services.
Souce: Fidelity National Information Services