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New South Renews Contract with FIS.(Brief Article)

Mortgage Servicing News

| September 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New South Federal Savings Bank, Birmingham, Ala., the 34th ranked subprime servicer in the country according to the Quarterly Data Report, has renewed its contract with Fidelity Information Services to use its software and services.

As part of this five-year renewal, New South Federal will continue to use the Fidelity Mortgage Servicing Package, formerly Alltel MSP, to service its $2.4 billion mortgage portfolio.

Additionally, the bank will use Fidelity's browser-based, integrated client/server products that automate servicing functions, ...

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Source: HighBeam Research, New South Renews Contract with FIS.(Brief Article)

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