Published:
Fidelity National Financial, Inc. Opens New FNF 1031 Exchange Company Offices
JACKSONVILLE, Fla., Jan. 7 /PRNewswire-FirstCall/ -- Fidelity National
Financial, Inc. today announced the expansion of FNF 1031 Exchange Company
("FNF 1031") with the opening of offices inChicago,New York andBoston.
1031 industry expert and attorney Scott Nathanson will manage the new offices,
joined by 1031 veterans Anna Barsky inChicago, Nicole De Santis and Mathew
Narby inNew York and Edward Zaval and Mary Lambert inBoston. FNF 1031
provides intermediary services for property sellers who seek to defer their
capital gains taxes by investing in new like-kind properties. FNF 1031 is
known for its expertise in 1031 exchanges and provides maximum security for
sellers' funds between the time their old property is sold and their new
property is purchased. FNF provides a $100 million dollar Fidelity Bond and
$50 million dollar Corporate Guaranty for each transaction.
Fidelity National Financial, Inc. is a leading provider of title
insurance, specialty insurance, claims management services and information
services. FNF is the nation's largest title insurance company through its
title insurance underwriters - Fidelity National Title, Chicago Title,
Commonwealth Land Title, Lawyers Title, Ticor Title, Security Union Title and
Alamo Title - that issue more title insurance policies than any other title
company inthe United States. FNF also provides flood insurance, personal
lines insurance and home warranty insurance through its specialty insurance
business. FNF also is a leading provider of outsourced claims management
services to large corporate and public sector entities through its
minority-owned subsidiary, Sedgwick CMS. FNF is also a leading information
services company in the human resource, retail and transportation markets
through another minority-owned subsidiary, Ceridian Corporation. More
information about FNF can be found at www.fnf.com .
This press release contains forward-looking statements that involve a
number of risks and uncertainties. Statements that are not historical facts,
including statements about our beliefs and expectations, are forward-looking
statements. Forward-looking statements are based on management's beliefs, as
well as assumptions made by, and information currently available to,
management. Because such statements are based on expectations as to future
economic performance and are not statements of fact, actual results may differ
materially from those projected. We undertake no obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes in general
economic, business and political conditions, including changes in the
financial markets; continued weakness or adverse changes in the level of real
estate activity, which may be caused by, among other things, high or
increasing interest rates, a limited supply of mortgage funding or a weak U.S.
economy; our potential inability to find suitable acquisition candidates,
acquisitions in lines of business that will not necessarily be limited to our
traditional areas of focus, or difficulties in integrating acquisitions; our
dependence on operating subsidiaries as a source of cash flow; significant
competition that our operating subsidiaries face; compliance with extensive
government regulation of our operating subsidiaries; and other risks detailed
in the "Statement Regarding Forward-Looking Information," "Risk Factors" and
other sections of the Company's Form 10-K and other filings with the
Securities and Exchange Commission.
SOURCE Fidelity National Financial, Inc.
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,MLM,INS,FIN,CPR,RLT,STW,PER,FL-Fidelity-NewOffice
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