Despite the closed title purchase order volume dropping 36% year over year and the number of closed refinance orders dropping 79% compared to the fourth quarter of 2021, Fidelity National Financial still managed to record a strong Q4 in 2022.
“Our title business has continued to perform well despite the fall off in mortgage originations due to increasing mortgage rates and housing market headwinds,” Mike Nolan, Fidelity’s CEO, told investors during the firm’s fourth-quarter earnings call mid-morning on Thursday. “Volumes in 2022 were considerably less than the record setting details ⇒
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