This was a stable quarter for our title business as our consistent focus
on operational efficiency metrics allowed us to generate improved pre-tax
title margin. Black Knight had another strong quarter and is generating
As a group, our title insurance underwriters issue more title insurance policies than any other title company in the United States and collectively hold the top spot in market share in each of the top five residential real estate states.
Jacksonville, Fla. -- (January 2, 2014) -- Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, today announced the closing of its acquisition of Lender Processing Services, Inc. (NYSE:LPS).
Jacksonville, Fla. -- (January 3, 2014) -- Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, today announced the reorganization of the former Lender Processing Services, Inc. ("LPS") businesses, the formation of a wholly-owned subsidiary called Black Knight Financial Services, Inc. ("Black Knight").
Recognized as a leader in our industry, FNF is ranked #316 on the 2014 Fortune 500 and is the only company in the title insurance industry on the list.
In what is still a slow recovering residential purchase market and a very soft refinance market, we experienced significant margin expansion across our core businesses in the second quarter.
View the Current FNF Fact Sheet