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FNF to Buy Service Link.(Fidelity National Financial Inc acquires Service Link LP)(Brief Article)

Mortgage Servicing News

| August 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jacksonville, FL -- Fidelity National Financial Inc. here has agreed to acquire Service Link LP, a title insurance agency and provider of title and closing services to national lenders headquartered in Aliquippa, Pa.

As part of the transaction, FNF will also acquire Asset Link, a real estate-owned management and disposition company owned by Service Link.

Plans are for Service Link to operate as a distinct brand as part of FNF's Chicago Title unit. In some releases, Service Link has also been spelled ServiceLink. The company's website has it both ways.

Service Link was created in 1997 by Ray Pronto and its executives have described the firm as a closing management company. At its founding, the firm had five employees. It now has over 750.

"Service Link will also utilize FNF and its subsidiaries for its bundled service data needs surrounding the real estate and mortgage loan closing process, ...

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Source: HighBeam Research, FNF to Buy Service Link.(Fidelity National Financial Inc acquires...

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