Fidelity National Field Services Inc., a unit of Fidelity National Financial, Jacksonville, Fla., has introduced a state-specific, Web-based contractor assessment program for property preservation contractors.The Contractor Qualification Assessment program will "validate the industry proficiencies of more than 1,000 independent property preservation contractors managed by Fidelity National Field Services nationwide," according to the parent company. FNF said the program is based on lender and investor guidelines and "best practices" in the industry. It consists of questions relating to lender and investor requirements and state-specific requirements involving services such as conveyance preparation, lock changes, eviction attendances, and pool coverings, the company said. Fidelity National Field Services can be found online at http://www.fnfieldserv.com.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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June 15







