Fidelity National Financial earnings fall 36%

Higher interest rates and the slowdown in the mortgage lending and housing markets helped push Fidelity National Financial's second-quarter profits down 36 percent from last year, to $84.8 million. 

Revenue for the quarter totaled $1.49 billion, down 44 percent from $2.64 billion for the same quarter last year.

"We expect the second half of 2007 to remain a challenge and we will continue to monitor order counts and employee headcount in our quest to maximize earnings from our title business," FNF Chairman of the Board William P.

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