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Fidelity National Financial has closed on its purchase of Lender Processing Services, a provider of mortgage and consumer loan processing services and technology, FNF said in a press release Thursday evening.
January 2 -
Fidelity Homestead Savings Bank in New Orleans has acquired regional mortgage lender NOLA Lending.
January 15
Black Knight Financial Services, formerly known as Lender Processing Services and ServiceLink, conducted loan processing on a record 41 million loans through the end of last year.
The Jacksonville, Fla.-based mortgage technology and services company,
"The seamless execution of yearend processing is critically important to our clients, company and the industry," says Joe Nackashi, chief information officer and president of Black Knight Financial Services servicing and default technologies division, in a press release.
The yearend processing of loans helps servicers compile loan information to report prior year account details to mortgagors to meet regulations for the Internal Revenue Service and other government agencies.