Commerce Bancshares Inc. of Kansas City, Mo., signed a multiyear extension of its contract to use mortgage servicing software from Fidelity National Information Services Inc. of Jacksonville, Fla.
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Fidelity National announced the extension Monday. Commerce has used its Mortgage Servicing Package, a shared system for processing monthly loan payments, for nearly 20 years.
Commerce listed $3.7 billion of business and personal real estate loans in its first-quarter earnings report last month. It primarily serves customers in Missouri, Illinois, Kansas, and Oklahoma.
