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Press Release

October 3, 2008 - FNC INC.

FNC Offers Clients Access to IntelliReal AVM Product for Value-Added Service

Partnership gives FNC's clients another option for automated valuation models

FNC Inc.(R), the leading technology company for mortgage compliance, has entered into a strategic alliance with IntelliReal, adding the automated valuation model (AVM) provider to its growing list of value-added services.

IntelliReal's AVM is unique because it includes multiple listing service (MLS) data, which the company says improves accuracy and makes the product more predictive. The AVM coverage provides access to more than 77 million property records nationwide.

'Several of our lender clients indicated they were interested in access to IntelliReal through their Collateral Management System(R) (CMS(R)),' said Shawn Telford, FNC's director of strategic alliances. 'So we are pleased to announce that we were able to add IntelliReal's AVM to our growing list of service offerings available to our clients.'

IntelliReal CEO Ric Miles says his company's AVM will help FNC clients make smarter decisions: 'We offer a unique valuation solution that utilizes a broader set of data and next-generation technologies. This will complement FNC's already strong line-up of AVM offerings.'

The IntelliReal AVM will also be available to the regional and community banks that use FNC's Collateral Headquarters(TM) (CHQ) platform.

'FNC's strong reputation and servicing focus combined with IntelliReal's next-generation valuation products make for a very attractive customer solution,' Miles said.

About FNC, Inc.

FNC pioneered real estate collateral information technology. Since 1999, FNC has offered solutions that automate appraisal ordering, tracking, documentation and review for lender compliance with OCC, OTS, Federal Reserve, FDIC, and other regulations. FNC's lender clients have realized reduced costs and more efficient loan processing. With its collateral management platforms and collateral-focused data and analytics, FNC provides advanced insight into the property backing a loan from origination to capital markets. No one understands real estate collateral better than FNC. Visit FNC online at www.fncinc.com.

About IntelliReal

IntelliReal is a privately-held Colorado company raising the standard of excellence by providing real estate intelligence and valuation solutions to more demanding and sophisticated clients. The company offers a suite of product solutions that are delivered through a standard Web browser. These solutions address the need for fast, accurate, automated valuations (AVMs), Realtor(R)-provided BPOs and CMAs, appraiser-assisted valuations and customized real estate investor intelligence. The company's solutions are built for firms involved in real estate transactions; brokers, lenders, mortgage service companies, underwriters, property insurers, quality control personnel, portfolio managers and Wall Street professionals. For more information, visit the company's Web site at www.intellireal.com.

To interview Shawn Telford or any of FNC's mortgage industry experts, contact:

Bill Dabney, manager of public relations

FNC, Inc.

Phone 662/236.8304

bdabney@fncinc.com

SOURCE FNC, Inc.

/CONTACT: Bill Dabney, Manager of Public Relations of FNC, Inc., +1-662-236-8304, bdabney@fncinc.com/

/Web site: http://www.fncinc.com

http://www.intellireal.com /

FNC INC. by Charles Hurst, Oxford-Mississippi