First Data And Fidelity Information OfferHELOC Card Product

DENVER - (06/16/05) -- First Data Corp. Said it has signedwith Fidelity National Financial's Fidelity Information Servicesunit to provide a credit card solution integrated with home equitylines of credit serviced on Fidelity's Mortgage Servicing Packagesoftware. The joint card offering will create a back-officecapability for a HELOC-card solution, including set up,maintenance, transaction flow, posting and reporting oftransactions. PHH Mortgage, formerly known as Cendant Mortgage,will become one of the first customers for the new HELOC-based cardproduct.

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