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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 ...

FNF Group of Fidelity National Financial Inc. (FNF) Moves Lower on Volume Spike for June 11

FNF Group of Fidelity National Financial Inc. ( FNF ) traded on unusually high volume on Jun. 11, as the stock lost 0.21% to close at $37.79. On the day, FNF Group of Fidelity National Financial Inc. saw 2.25 million shares trade hands on 7,416 trades. Considering that the stock averages only a daily volume of 1.11 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $48.86 and $33.91 over the last 52-weeks, its 50-day SMA is now $38.04, and its 200-day SMA $39.42. FNF Group of Fidelity National Financial Inc. has a P/B ratio of 2.33. It also has a P/E ratio of 15.

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.