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FirstClose Migrates Fulton Financial Corporation to FirstClose Home Equity Lending Report System

FirstClose, a provider of end-to-end technology solutions for refinance and home equity lenders nationwide, today announced the successful migration of Fulton Financial Corporation (NASDAQ: FULT), to its new, FirstClose Report system to provide Fulton Financial access to the full refinance and home equity lending technology solution and vendor management system.

Fulton Financial, a Lancaster, Pa.-based financial holding company offering investment management, trust services and residential mortgage lending, has utilized FirstClose’s a la carte, legacy services since 2009, and recently completed a full migration in order to access the full-service, all-inclusive FirstClose Report.

Now, Fulton Financial is able to receive comprehensive refinance and home equity loan reports including title, flood, valuation and other important data elements in one file. The new system also provides a number of automations that are not available in the old system and should increase efficiency and help reduce turn-times.

“We have been extremely pleased with the services we have been receiving from FirstClose, and are looking forward to a continued partnership in which we are able to utilize even more loan report amenities,” said Khanh Dang, senior retail credit operations manager at Fulton Financial.

“Our goal is always to help our customers improve their efficiencies while saving them money,” said Tim Smith, co-founder and president of FirstClose. “Now, Fulton Financial is able to streamline their reporting processes with the FirstClose Report, saving the company both time and money in the long run.”

About Fulton Financial Corporation

Fulton Financial Corporation is a Lancaster, Pennsylvania-based financial holding company that has 242 banking offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through the following subsidiary banks: Fulton Bank, N.A., Lancaster, PA; Swineford National Bank, Middleburg, PA; Lafayette Ambassador Bank, Bethlehem, PA; FNB Bank, N.A., Danville, PA; Fulton Bank of New Jersey, Mt. Laurel, NJ; and The Columbia Bank, Columbia, MD. The Corporation’s investment management and trust services are offered at all banks through Fulton Financial Advisors, a division of Fulton Bank, N.A. Residential mortgage lending is offered by all banks under the Fulton Mortgage Company brand. For additional information visit: Fulton Financial Corporation www.fult.com; Fulton Forward™ www.fult.com/aboutus/FultonForward.asp.

Staff FirstClose solutions, both through our web interface and our LOS integrations, offers lenders the efficiency and cost reduction tools needed to stay competitive in today’s market place. With the increasing regulations coming out of Washington, it's important for lenders to find new and improved ways to stay compliant, while keeping closing costs and turn-times to a minimum.

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