Despite decreases in purchase, refinances and commercial closings, Fidelity National Financial, Inc. (FNF) reported a slight improvement in first-quarter title revenues, according to the company’s latest earnings statement.
FNF President Mike Nolan said the company is optimistic “stable or declining mortgage rates, slower home price appreciation and the possibility of increased residential supply” will spur a stronger residential purchase market.
Read on for more details about FNF’s first-quarter performance.