Fidelity National Default Solutions, Jacksonville, Fla., has announced a strategic partnership between its NewInvoice division and Santa Ana, Calif.-based RealEC Technologies, an e-commerce exchange for real estate transactions that is majority-owned by Fidelity's parent company.The partnership will provide a single point of access for automated ordering, tracking, reconciliation, electronic invoicing, and payment of products and services for the origination and default markets, Fidelity said. The company said mortgage originators will now have access to electronic invoice management, and mortgage servicers will have access to the RealEC-connected service providers. Fidelity's parent company, Fidelity National Financial Inc., can be found online at http://www.fnf.com, and RealEC can be found at http://www.realec.com.
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Almost 45% of buyers received a seller concession this summer, while more than 15% saw a reduction in the asking price to go along with it, according to Redfin.
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Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
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