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Fidelity Mortgage


Fidelity Mortgage - Grand Junction Colorado

Fidelity Mortgage Grand Junction was founded with the philosophy that the customer should always come first in mortgage lending. Since our doors ...

Fidelity National to Divest Its Majority Stake in Black Knight

Fidelity National Financial plans to distribute the stock it owns in Black Knight Financial Services to its shareholders as part of a plan to simplify the corporate structure of the two companies and increase Black Knight's liquidity.

The 83.3 million shares of Black Knight common stock that Fidelity owns — which equates to a roughly 55% stake in the mortgage technology vendor — would be distributed to FNF shareholders on a pro-rata basis.

After the distribution, about 74% of Black Knight's outstanding shares will be available to the investing public. The remaining 26% stake in Black Knight is held by Thomas H. Lee Partners, the private equity firm that partnered with FNF to acquire Black Knight, then known as Lender Processing Services, for $2.9 billion in 2014.

The tax-free plan will also spin out FNF Ventures, the Fidelity National subsidiary that holds the company's non-real-estate businesses including the O'Charley's chain of restaurants, into its own legal entity. Currently, FNF and FNFV are tracking stocks. The maneuver will make FNF and FNFV two separate legal entities.

Stocks Roundup: Fidelity National Financial, Inc. (NYSE:FNF), McDermott International Inc. (NYSE:MDR)

The company announced its last quarter financial performance results on 11/02/2016. Fidelity National Financial, Inc. (NYSE:FNF) belongs to Finance sector that surged 4.61% in value when last trading session closed at $33.58. The company has a market capitalization of $10.21 Billion. The company’s stock has a Return on Assets (ROA) of 4 percent, a Return on Equity (ROE) of 9.8 percent and Return on Investment (ROI) of 8.3 percent. The company reached its 52-Week high of $38.5 on Jul 26, 2016 and 52-Week low of $28.24 on Feb 11, 2016.

Earnings per share (ttm) for Fidelity National Financial, Inc. (NYSE:FNF) according to Finviz Data is $1.6.

The growth estimate for Fidelity National Financial, Inc. (NYSE:FNF) for the current quarter is 14.5 percent. The projected growth estimate for the next quarter is 18.2 percent. The company’s stock has grown by 3.99 percent in the past 5 years. For the next 5 years, the company is expected to grow by 17.7 percent.

This company was Downgrade by Keefe Bruyette on 18-Jul-16  to Mkt Perform.

Fidelity Mortgage sells a mortgage on Doug's home to Enterprise Bank.Enterprise erroneously pays the real esta

te taxes on the home. When Enterprise demands reimbursment, Doug refuses, arguing that no contract exists that obligates him to reimburse the bank. What legal theory might Enterprise use to get its money from Doug?


Was there an escrow account set up for taxes in the original loan with Fidelity? If not, chances are Doug also paid the taxes to the county unless Enterprise brought it to Doug's attention that they had already paid them.