Jacksonville, Fla. -- (November 11, 2004) -- Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries, announced today the opening of a new production facility for home equity title and closing products and services located in Sacramento, CA. The new 40,000 square foot facility is operated by Fidelity's LSI division and provides lenders nationwide with a single source solution for their home equity loan-related needs.
The Sacramento operation will provide lenders with simplified ordering of non-insured and limited coverage title products. These offerings include instant legal descriptions and property vesting, chain of title verifications, lien searches and property profiles, and recording services. Additionally, customer service and accounting will be centralized at this new location for added ordering convenience.
By streamlining its title and closing services, LSI's Home Equity division is better positioned to meet the needs of a rapidly changing industry. The company's industry-leading technology is being leveraged at this new facility to provide lenders with minimal turn-around time for reporting. The technology also enables the company to customize reports, providing varying levels of information to meet specific client needs.
"The opening of the new home equity super center will allow us to solidify our position as a nationwide leader in title and closing products for the home equity market," said Theresa Bracco, SVP, Operations Manager of LSI's Home Equity Division. "By streamlining the production efforts of our home equity title and closing offerings, we will be better able to quickly and efficiently respond to our clients needs in this rapidly changing market," added Bracco.