A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Biden’s executive order will extend foreclosure moratorium

President Biden revealed his plan to sign 17 executive orders his first day in office, including am extension of the eviction and foreclosure moratorium to at least March 31.

How servicers continue to protect neighborhoods amid COVID

We spoke with MCS CEO Caroline Reaves about self-service technology, the shift to virtual and how servicers can prepare for post-COVID success by improving processes today.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.


Fidelity Acquires Offshore IT Service Provider

Fidelity National Information Services, Inc. (NYSE:FIS) said late Tuesday that it has expanded its offshore presence in India through the acquisition of Second Foundation, Inc., a provider of offshore global information technology services. As a result of the acquisition, FIS said it had expanded its captive offshore global delivery staff by more than 600 personnel and broadened its service offerings. The company offers business process outsourcing to mortgage banking clients, and boasts more than 2,000 seats in both India and the Phillipines. Second Foundation has extensive experience in a multitude of areas, including outsourced product development, quality assurance and business intelligence services as well as implementation services of third-party software applications. The Second Foundation team will continue to support existing clients and augment current global delivery capabilities, Fidelity said.

“Having a wholly-owned India-based global delivery capability strengthens FIS’ current ability to provide competitive, cost effective and innovative services and solutions to its customers,” said Shahid Charania, president of Fidelity Business Solutions India. “FIS plans to continue to invest in the development of offshore capabilities to broaden its global service offerings and to reduce internal operating costs.” In addition to Fidelity Business Solutions India, FIS will continue its relationship with Covansys Corporation, a global information technology services company. FIS currently contracts with approximately 575 full-time Covansys resources dedicated primarily to FIS’ internal software application management and development initiatives. “Having a wholly owned, offshore global delivery company complements our existing relationship with Covansys by providing both a captive and outsource alternatives,” said Charania. For more information, visit http://www.fidelityinfoservices.com.

Don’t subscribe? Be sure to sign up today to get our free email updates delivered direct to your inbox!

Most Popular Articles

Biden’s executive order will extend foreclosure moratorium

President Biden plans to sign 17 executive orders his first day in office, including an extension of the eviction and foreclosure moratorium.

Jan 20, 2021 By

Latest Articles

SitusAMC acquires Assimilate Solutions

Technology firm SitusAMC announced its acquisition of mortgage and title outsourcer Assimilate Solutions on Monday – it’s second acquisition in January.

Jan 25, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please