JACKSONVILLE, Fla. – Title insurance giant Fidelity National Financial said it is acquiring Lender Processing Services, just four years after its sister company, Fidelity National Information, spun off LPS, the nation’s largest provider of mortgage processing services.

NEWARK, Del. – Student lending giant Sallie Mae on Wednesday announced it would split into two publicly traded companies as it seeks better valuation for its private student lending business.

WALL STREET – Shares in Fannie Mae and Freddie Mac, until recently hovering in the pennies since the 2008 takeover by the federal government of the GSEs, went on a wild ride yesterday after the Federal Housing Finance Agency announced a major settlement on mortgage-backed securities they purchased from Citigroup.

ORLANDO, Fla. – If Mike Kelly had his way, he would ban discussions about the “future of mobile payments” because mobile’s future is taking shape right now.

ORLANDO, Fla. – CUs should prepare for the day when some employees ask them not to offer health insurance coverage.

ORLANDO, Fla. – Credit Union Journal’s Grow Show kicked off yesterday with payments experts laying it on the line to CU execs, telling attendees to get moving in the mobile space if the CU has not already, and to base their plans on analysis of the membership.

ALEXANDRIA, Va. – NCUA ruled that government guaranteed bonds issued by the U.S. Overseas Private Investment Corp., which helps finance private sector projects overseas, are permissible investments for federal credit unions.

FLINT, Mich. – Two men, including a prison parolee, were charged this week with an armed robbery spree last year that culminated in the $380,000 heist at Dort FCU, the biggest local bank robbery here in years.

RALEIGH, N.C. – State Employees’ CU announced this morning it has signed with Diebold to update and replace more than 1,100 ATMs, the biggest ATM fleet owned by any credit union.

PLANO, Texas – A well-known patent litigant that successfully extracted tens of millions of dollars in Check 21 license fees from the biggest banks filed a new slew of suits against Texas credit unions and banks yesterday over rights to the popular remote deposit capture technology that allows consumers to deposit checks using their smartphones.

NORMAL, Ill. – ISU CU has selected the Sharetec core system.

AUSTIN, Texas – Mobile Picture Pay, a new service that lets end-users take pictures of bills to make payments, showed “impressive” results in April, according to a new study from Malauzai Software, Inc.

SANTA ROSA, Calif. – Redwood Credit Union, in partnership with the Sonoma County Office of Education and Santa Rosa City Schools, will offer its 9th Banking & Finance Academy for local high school students.

REXBURG, Idaho – NCUA has approved an application from Beehive FCU, which serves members and employees of The Church of Jesus Christ of Latter-day Saints in Idaho, to serve all Mormons in Washington, Oregon, Montana, Wyoming and Nevada, too.

TRAVERSE CITY, Mich. – Traverse Bay Area CU plans to build its new headquarters at a site contaminated by a former gas station.

SAN ANTONIO – Security Service FCU has redesigned its online banking platform, known as myBranch, and paired it with new mobile banking service called myBranch Mobile.

BALTIMORE – NCUA has cleared the merger of ailing U.S. Coast Guard Yard CU, one of three surviving privately insured credit unions in Maryland, into giant Tower FCU in nearby Laurel, Md.

LOS ANGELES – NuVision FCU will acquire two additional branches with the merger of ailing Pacific Resource CU, one of four California mergers approved by regulators in recent weeks.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services, the leading provider of payment services for credit unions, announced this morning a new suite of mortgage offerings in partnership with LenderLive Network of Glendale, Colo.

PORTLAND, Ore. – A federal court last week dismissed a member suit claiming the incumbent board and management of St. Helens Community FCU rigged last year’s vote to recall the majority of the board, ruling the member is not the proper party to bring the suit.