Fidelity National Financial Inc., Irvine, Calif., has announced that property owners who have suffered damage from wildfires in Southern California will be offered title insurance fee reductions of up to 50% for post-disaster reconstruction loans.FNF said the reduced disaster relief rate is available through its Chicago Title, Ticor Title, Fidelity National Title, and Security Union Title companies on private or federal loans for victims whose properties are located in a declared disaster area. The reduced rate will apply to reconstruction loans on residential or commercial properties originated within two years of the declared disaster date for the property's location. FNF can be found online at http://www.fnf.com.
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Properties outside flood zones carry outsized risk without insurance but client education and proactive solicitation before a storm can decrease serious delinquencies.
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Earlier in the day, the company confirmed it made staffing reductions as it aligns its cost structure with its technology investments to help operations.
July 29 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29 -
While buyers' leverage now spans 41 of the 50 largest metros, starter-home sales fell 5.4% amid affordability concerns.
July 29 -
Economic uncertainty is turning into 2026's defining theme that dictates housing market trends, according to over one-third of lenders surveyed by HomeLight.
July 29 -
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
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