Fidelity National Field Services Implements Industry's Most Comprehensive Contractor Assessment JACKSONVILLE, Fla., March 24 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries, today announced that Fidelity National Field Services, Inc. ("FNFS") is launching its state-specific Contractor Qualification Assessment program. This new program will validate the industry proficiencies of more than 1,000 independent property preservation contractors managed by Fidelity National Field Services nationwide. Based on lender and investor guidelines and best practices in the industry, the comprehensive Web-based assessment consists of a wide variety of questions relating to lender and investor requirements, as well as state- specific questions relating to services such as conveyance preparation, winterization, lock changes, eviction attendances, lawn services, pool coverings, extermination, window replacements, etc. As an industry first, contractors will be required to complete a new assessment once per year to ensure the ongoing consistency and caliber of service provided by Fidelity National Field Services. To facilitate new independent contractors' training as well as ongoing education, Fidelity National Field Services supplies both existing and new contractors with a Fidelity National Field Services Training Manual, as well as the U.S. Department of Housing and Urban Development ("HUD") preservation and protection guidelines and Department of Veterans Affairs ("VA") servicing guidelines. Contractors are also continually educated on updates to the standard guidelines throughout the year. Additionally, contractors can use the property preservation study materials and the Contractor Qualification Assessment provided by Fidelity National Field Services as a resource to educate, train and validate job knowledge and skills of the sub-contractors representing them in the field. "We strive to provide the highest quality property preservation services nationwide," said Marc Insul, President and COO of Fidelity National Field Services. "Using our new online assessment, we are able to further qualify our network of contractors, ensuring we are managing a team of professionals capable of meeting and exceeding the standards of our clients and the industry," said Insul. For more information regarding Fidelity National Field Services, please visit the company's Web site at http://www.fnfieldserv.com/ . About Fidelity National Financial Fidelity National Financial, Inc., number 262 on the Fortune 500, is a provider of products and outsourced services and solutions to financial institutions and the real estate industry. FNF is the nation's largest title insurance company, with nearly 32 percent national market share, and is also a provider of other specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. Through its subsidiary Fidelity National Information Services, Inc. ("FIS"), the Company is a leading provider of technology solutions, processing services and information services to the financial services and real estate industries. FIS' software processes nearly 50 percent of all U.S. residential mortgages, it has processing and technology relationships with 45 of the top 50 U.S. banks and more than 2,800 small and mid-sized U.S. financial institutions and it has clients in more than 50 countries who rely on its processing and outsourcing products and services. FIS also provides customized business process outsourcing related to aspects of the origination and management of mortgage loans to national lenders and servicers. FIS offers information services, including property data and real estate-related services that are used by lenders, mortgage investors and real estate professionals to complete residential real estate transactions throughout the U.S. More information about the FNF family of companies can be found at http://www.fnf.com/ and http://www.fidelityinfoservices.com/ . This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those expressed or implied above. The Company expressly disclaims any duty to update or revise forward- looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management's Discussion and Analysis" section of the Company's Form 10-K and other reports and filings with the Securities and Exchange Commission. DATASOURCE: Fidelity National Financial, Inc. CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations, +1-904-854-8120, or , or Darcy Patch, Senior Vice President of Marketing, Office of the Enterprise, +1-949-477-1173, or , both of Fidelity National Financial, Inc. Web site: http://www.fnfieldserv.com/ http://www.fnf.com/ http://www.fidelityinfoservices.com/

Copyright

Fidelity National Financ... (NYSE:FNF)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Fidelity National Financ... Charts.
Fidelity National Financ... (NYSE:FNF)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Fidelity National Financ... Charts.