Fidelity Completes Purchase of LPS, Forms Mortgage Tech Subsidiary

January 7, 2014

Fidelity National Financial announced on Jan. 3 the closing of its $2.9 billion acquisition of Lender Processing Services. A day after announcing it completed the LPS purchase, Fidelity reported it was forming a new mortgage technology and services subsidiary called Black Knight Financial Services. Read on for Fidelity's plans to offer title, closing and escrow services through the new company.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.