GreenPoint Mortgage, Novato, Calif., a national nonconforming lender, has successfully deployed the Empower! loan origination software offered by Fidelity Business Systems Group, a division of Fidelity National Financial Inc. located in Jacksonville, Fla.GreenPoint will use the software in all its origination and delivery channels, the company said. The lender specializes in alternative-A loans and closed more than $33 billion worth of the product in 2002. Fidelity Empower! was deployed to over 2,500 end users at GreenPoint. Additionally, the Empower! loan origination software system has been integrated with GreenPoint's loan servicing platform, which is provided by Fidelity Information Services. The successful conversion involved the migration of 1.17 million loans, representing 407 million rows of database information. Fidelity Empower! can be found on the Internet at http://www.empower.fnis.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry