Industry NewsMortgage

Fidelity raises rates, cuts costs

2,000 jobs cut, 216 offices closed in wake of merger
Published on Apr 15, 2009

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by CareyBot

Fidelity National Financial Inc. has raised title insurance rates in 22 states and slashed $231 million in annual expenses by firing workers and closing offices since acquiring the underwriting subsidiaries of rival LandAmerica Financial Group Inc. in December.

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