Fidelity National Financial

1
Fidelity National Financial

• California E-Recording Summit
• Technology Panel
• February 10, 2005

2
Position / Vision

• FNF Position / Vision for eRecording
• Fidelity National Financial is committed to
  prompting and implementing technology that
  further facilitates reliable, efficient, and
  secure real estate transactions.
• eRecording technology as well as other
  e-initiatives, such as eSigning and eClosing, are
  areas that Fidelity National Financial is
  actively perusing and areas that we see as
  strategic to the future of our business.
• FNF anticipates significant movement in the areas
  of eRecording in the next 12 to 18 months and is
  working to make sure that FNF operations in all
  states (where allowed) can take advantage of
  eRecording.

3
eRecording / eClosing

• FNF Participation
• FNF has participated in eRecording pilots and
  production eRecording initiatives. (Arizona,
  California, Florida, Texas, Virginia and
  Washington).
• FNF Operations in Orange County, CA have been
  working with eRecording the late 1990s and now
  use eRecording as a standard business practice.
• Multiple venders, systems, and models (Internal,
  Licensed, Outsourced)

4
eRecording / eClosing

• FNF Participation
• Since 2001 FNF has participated in several pilots
  projects regarding eSignatures/ eClosings
  solutions.
• The most recent was the Chicago Title
  participation in an eClosing pilot in Illinois
  that resulted in the first electronic note to be
  registered in the MERS eRegistry.
• FNF has several eSigning / eClosing initiatives
  currently underway working to identify when,
  where, and how this technology can be securely
  implemented in ways that positively impact
  business and create significant efficiencies.

5
Secure, Sensible, Standard, and Implementations

• Nationwide
• eRecording / eSigning / eClosing is a complicated
  equation when individual state standards and
  regulations create state specific rules that
  inhibit leveraging other implementations and
  development efforts.
• Security Standards and methods of security
• Communication, Compatibility, Interfacing
  Standardization
• National / Industry Standards Boards MISMO,
  PRIA, SpeRS, SISAC, NNA

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Secure, Sensible, Standard, and Implementations

• Intra State / County
• Multi County Operations County Specific
  Regulations agreements, accepted documents,
  recording windows, turn around times, system
  compatibility, data, security practices and
  protocols, audits requirements, and
  implementations of security mechanisms.

• Internal Efforts
• FNF is involved in state discussions surrounding
  standards and regulations of eRecording, eNotary,
  eSigning, eClosings
• State specific UETA
• Work with local vendors, lenders, state, county,
  and local government offices

7
Secure, Sensible, Standard, and Implementations

• Internal
• Cross section of business, technical, legal, and
  subject matter expert participants, focused on
  identifying, justifying, and assessing the
  positive and negative business impact, security
  risks, and compliance issues related to
  e-initiatives.
• Business Regulations, standards, rules,
  business case, impact, and investment
• Technical Security standards, vulnerabilities,
  safeguards, standards compliance, compatibility,
  reliability, audits
• Legal Investigate the legal implications,
  assess legal risk and liabilities, ensure
  compliance statues and regulations.
• Implementation Standardization of
  communication, interfaces, leverage learning,
  development

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• Brian Maughan
• Fidelity National Financial
• brian.maughan_at_fnf.com
• 949.622.3929