The Credit Network Becomes Service Provider For RealEC Technologies.

Business Editors

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Jan. 28, 2002

TCN added to list of premier service providers on RealEC Exchange(TM)

The Credit Network (TCN), a national mortgage credit reporting service provider, announced an agreement with RealEC Technologies(TM), the industry's leading secure B2B e-commerce exchange for real estate transactions, to participate as a service provider for its online transaction system.

With this new agreement, originators will be able to access TCN's merged credit reports via RealEC Exchange(TM), a routing process that offers traditional transaction capabilities and provides standardized connectivity and data transport functionality for originators and vendors involved in the transaction.

RealEC enables the online ordering and delivery of all real estate related products and services to provide lenders and Realtors(R) a complete and integrated technology solution for closing and managing real estate transactions online in one centralized location.

"RealEC is constantly looking for new products and services we can offer our customers," says Jeff Sanderson, president of RealEC Technologies(TM). "The Credit Network provides a valuable product for the mortgage industry, and we're confident our customers will benefit from this agreement."

The Credit Network has customized interfaces with all the leading loan origination system providers for automated loan origination and tracking. These programs provide access to a complete array of mortgage credit products including Veriscore repository correction, certified Residential Mortgage Credit Reports, Business Credit Reports and SST Merged Blended Reports for pre-qualification and low documentation loan programs. TCN offers a host of unique services such as international credit reporting, online bill reconciliation and predatory lending protection, to further meet the individual needs of its clients.

"This agreement allows us to increase our exposure to the mortgage industry, while also providing RealEC with another tool for its customers," says Richard Downing, Jr., president of TCN. "Our quality products and services will provide RealEC's customers with a necessary tool to expedite the mortgage process."

About RealEC Technologies

RealEC Technologies provides an intelligent, electronic exchange for mortgage loan originators, realtors, and settlement service providers. The company's products are designed to facilitate the origination, servicing, statusing and closing of real estate transactions and enable real estate practitioners to significantly enhance their business by increasing operational efficiencies, improving customer service and generating new sources of revenue.

RealEC provides integration services, installation resources, sales management, and customer/help desk support designed to ensure successful implementation of this robust B2B exchange. Through one connection, the RealEC Exchange enables mortgage originators to conduct e-business with thousands of service providers while offering more direct connections to providers than any other network in the industry. RealEC's iSelect(TM) intelligent ordering tool personalizes and automates the lender's choice of products and providers. RealEC Technologies is owned by Micro General Corporation (NASDAQ:MGEN) - an affiliate of Fidelity National Financial (NYSE:FNF), Stewart Title (NYSE:STC) and LandAmerica Financial Group (NYSE:LFG). More than 2,000 real estate service providers and nearly 1,000 mortgage originators are members of the RealEC Exchange.

For more information contact Pat Dwight at [e-mail] or visit the company's Web site at www.realec.com.

About The Credit Network

With more than 600 clients nationally, The Credit Network has been serving the needs of credit grantors and mortgage lenders since 1926. Their clients include Chase Manhattan Mortgage Corp., Principal Residential Mortgage Corp., CTX Mortgage Co., National City Mortgage, and Quicken Loans. The Credit Network specializes in the delivery of credit information and related services to the residential and equity lending industry through customized interface programs and links to more than 20 mortgage loan origination and tracking systems.

For more information about The Credit Network, visit the company's Web site at www.tcnlink.com or to speak to a sales representative, call [phone].

Forward-Looking Statement 

This press release contains forward-looking statements. The words "believe," "expect," "intend," "anticipate," "will," and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.