Fidelity National Information Services has completed its acquisition of Fidelity National Financial Inc., Jacksonville, Fla., a major step in a complicated transaction that splits FNF's title insurance and information service businesses into two separate companies.Until now, FNF had been the majority owner of two other publicly traded firms, FNIS and Fidelity National Title Group Inc. As part of the transaction, most of FNF's assets were transferred to Fidelity National Title and the shell that remains of FNF was merged with FNIS. FNF shareholders received slightly over one-half of one share of FNIS for each FNF share. The last day of trading for the old FNF shares was Nov. 9. Meanwhile, Fidelity National Title is changing its name to Fidelity National Financial Inc., and its ticker symbol is changing to FNF effective Nov. 10. FNIS can be found online at http://www.fidelityinfoservices.com.
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New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
April 3 -
Finance of America has not disclosed any incident, but a consumer filed an immediate lawsuit over a lone report of a ransomware gang's recent hack.
April 3 -
United Wholesale Mortgage lost ground to RKT in one category but held onto a healthy lead in another, an analysis of Home Mortgage Disclosure Act data shows.
April 3 -
HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share.
April 2 -
Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
April 2 -
The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
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