Fidelity National Financial Division Enhances Bank-Owned Properties Marketing Solution

Fidelity National Financial Division Enhances Bank-Owned Properties Marketing Solution

JACKSONVILLE, Fla., Feb. 11 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries, today announced that it has enhanced BuyBankHomes.com, its popular Web portal dedicated to marketing properties that have completed the foreclosure process. The site is a valuable tool that helps lenders manage and rapidly liquidate their properties acquired through foreclosure sale.

BuyBankHomes.com provides a neutral online community for sellers and buyers of properties acquired through foreclosure. This site offers a customized user experience for real estate brokers and agents, buyers, sellers and investors. Brokers and agents utilize this portal to list properties and monitor other bank-owned properties in specific geographic areas. Using this solution, buyers and investors are able to view over 41,000 bank-owned listings, transmit offers to lenders and order ancillary products, such as valuations and other collateral services.

BuyBankHomes.com recently surpassed 110,000 registered buyers on the system. The site has also exceeded 16,000 registered investors and 13,600 registered brokers and agents. BuyBankHomes.com continues to increase the value to sellers of bank-owned properties, consumers and real estate professionals.

As the number of registered users continues to increase, BuyBankHomes.com remains focused on implementing system upgrades that enhance the user experience. The most recent enhancements have focused on lead tracking, reporting capabilities and broker searches. New lead tracking enhancements include the addition of a rules-based engine that sorts and e-mails buyer and investor leads to the appropriate registered broker or agent. The system also tracks leads and enables brokers and agents to view the status of their assigned leads.

Newly added reporting capabilities enable financial institutions to obtain information on their listed properties. This information includes the number of times a property has been displayed or e-mailed to an interested party, enabling financial institutions to track the number of consumers exposed to specific properties. In addition, the system now offers brokers a search feature that enables them to locate properties that have not been distributed to other brokers or agents. This search feature will assist with broker recruitment in areas where properties are not currently being represented.

"We are extremely delighted with the growth of buyers and sellers we have seen on our Web site in such a short period of time," said Bradlee Marick, Senior Vice President Business Technology and CTO for BuyBankHomes.com. "Our goal is to ensure that all our users have easy-to-use tools at their fingertips so they can take full advantage of the Internet when buying and selling bank-owned properties," added Marick.

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. FNF had total revenue of more than $6.2 billion and earned more than $560 million for the first nine months of 2004, with cash flow from operations of more than $925 million for that same period. FNF is the nation's largest title insurance company, with more than 30 percent national market share, and is also a provider of other specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. Through its subsidiary Fidelity National Information Services, Inc. ("FIS"), the Company is a leading provider of technology solutions, processing services and information services to the financial services and real estate industries. FIS' 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 more than 3,600 small and mid-sized U.S. financial institutions and it has clients in more than 50 countries who rely on its processing and outsourcing products and services. FIS also provides customized business process outsourcing related to aspects of the origination and management of mortgage loans to national lenders and servicers. FIS offers information services, including property data and real estate-related services that are used by lenders, mortgage investors and real estate professionals to complete residential real estate transactions throughout the U.S. More information about the FNF family of companies can be found at http://www.fnf.com/ and http://www.fidelityinfoservices.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.


Source: Fidelity National Financial, Inc.

CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and
Investor Relations, +1-904-854-8120, or dkmurphy@fnf.com, or Darcy Patch,
Senior Vice President of Marketing, Office of the Enterprise, +1-949-477-1173,
or darcy.patch@fnf.com, both of Fidelity National Financial, Inc.

Web site: http://www.fnf.com/
http://www.fidelityinfoservices.com/


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