Fidelity's Empower Mortgage Origination System Launches Point-of-Sale Module

October 12, 2004

JACKSONVILLE, Fla., /PRNewswire-FirstCall/ -- Empower, a division of Fidelity National Financial, Inc. (NYSE: FNF) and a provider of mortgage origination software, has unveiled its Empower Point of Sale (POS) Desktop. This new front-end module provides seamless integration into the Empower enterprise suite, creating an end-to-end loan origination software solution.

Twenty of the nation's top 100 mortgage origination lenders currently use the Empower platform. Empower POS Desktop leverages existing Empower technology with direct access and integration to industry-leading Fidelity products and services, including flood determinations, real estate tax service, Automated Valuation Models (AVMs), credit reports and the industry's premier loan servicing platform, MSP. In addition, the product is approved and current with industry standard services offered by Fannie Mae (FNMA), Freddie Mac (FHLMC) and others.

This premier point-of-sale system is uniquely designed to work in a call center, and/or a branch-banking environment. The system can also be used in a stand-alone configuration, such as on a laptop computer and/or be connected through a local or wide area network.

"Empower POS Desktop was previewed at our annual user group conference in March, and was received with great enthusiasm from our customer base," said Al Bartello, Sr. VP of Sales & Marketing for Fidelity Empower. "We are optimistic that our customers will rapidly transition to this system for contact lead management, loan pre-qualification, product pricing and loan opening," he added. "Empower POS Desktop gives our prospects and customers real time data integration to the Empower back office platform, eliminates their need to maintain multiple systems and gives them an immediate return on their investment," said Bartello.

Source: Fidelity National Financial, Inc.