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Tag Archives: Fidelity National Financial

Fidelity National Financial Names New SVP

Fidelity National Financial (FNF), a provider of title insurance and transaction services to the real estate and mortgage industries and also a provider of annuity and life insurance products through the Company's wholly-owned subsidiary, F&G, announced today the appointment of Lisa ...

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Rental Investors Take Interest in Tiny Homes

Tiny houses are not new, but COVID-19 and resultant lifestyle changes are making the movement more popular, according to IPX1031, a Fidelity National Financial Company blog, which conducted a survey of 2,000 Americans to understand how likely they would be ...

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Title Insurance Premiums Rise 14% in Third Quarter

Title insurance premium volume rose 14 percent during the third quarter of 2013 when compared to the same period a year ago, according to the American Land Title Association (ALTA). Based on the national trade group's market share analysis for Q3, the title insurance industry generated $3.4 billion in premiums over the July-to-September period, compared to $3.0 billion in the third quarter of 2012.

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Fidelity Financial Announces Executive Transitions

In Florida, Fidelity National Financial, Inc. (FNF), a provider of title insurance and mortgage and diversified services, announced that company president Raymond R. Quirk will be taking over as CEO effective December 7. Quirk will replace George P. P. Scanlon, who is transitioning out of that role.

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Fidelity National Financial Agrees to Purchase LPS for $2.9B

Fidelity National Financial, Inc. (FNF), has entered into an agreement to acquire Lender Processing Services, Inc. (LPS), the companies announced jointly. Under the definitive agreement, FNF will acquire all of LPS' outstanding common stock for $33.25 per common share for a total equity value of approximately $2.9 billion. Half of the transaction will be paid in cash, while the other half will be paid in shares of FNF common stock.

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ServiceLink Announces Appointment of Chris Azur as President

ServiceLink announced Tuesday that the company has appointed Chris Azur president. Azur served as EVP and COO of ServiceLink for the last four years. His areas of responsibility included the valuations, title, and closing operations for both the loan origination and default services markets. Prior to joining ServiceLink, Azur was with ATM Corporation. There he held the positions of EVP and COO from the time the company was established in 1993.

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ServiceLink Names Greg Whitworth EVP of Servicing Solutions

ServiceLink announced Tuesday that Greg Whitworth has joined the company as EVP of servicing solutions. Whitworth will help develop ServiceLink's overall default and servicing business strategy, and will focus on building a consulting practice. ServiceLink is a Fidelity National Financial company and currently provides its solutions to 15 of the top 20 mortgage lenders and servicers. ServiceLink's flagship workflow and content management technology, Commerce Velocity, will be a key area of focus for Whitworth.

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Commerce Velocity Addresses Quality Right Party Contact Requirements

Commerce Velocity, a member of the Fidelity National Financial family of companies, has enhanced its Optimizer solution to help achieve the new requirements for the Quality Right Party Contact (QRPC) standard outlined by Fannie Mae and Freddie Mac as part of the GSEs' servicing alignment initiative. The new enhancements are designed to arm servicers with technology to document communication to the borrower regarding the resolution of their delinquent mortgage, as required by QRPC.

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Title Insurance Premiums Decrease in Second Quarter

Title insurance companies wrote $2.30 billion in premiums throughout the second quarter of 2011, down from $2.33 billion in the second quarter of 2010, according to the American Land Title Association's (ALTA) preliminary 2011 second-quarter market share analysis. At the same time, premiums increased in 21 states and Washington, D.C. The biggest premium gains were seen in Iowa and South Dakota. Fidelity underwriters claimed the largest market share, with more than a third of the new business.

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