« Home sellers dream up ways to hook buyers | Main | Real estate agent commissions up, down or flat? »

Fidelity National Sees New Regulatory Risks

Corey Dade:

Fidelity National Information Services Inc., which is seeking federal approval to spin off a unit that processes data for major mortgage providers, warned that its business could be harmed by heightened government inquiry into the U.S. lending crisis and new regulations that may result.

In a filing with the Securities and Exchange Commission, Fidelity National said that lawsuits or tighter regulations that may ensue from state and federal probes of mortgage-lending practices in response to the housing-market collapse "could have adverse consequences that could affect our business."

About

This page contains a single entry from the blog posted on March 31, 2008 8:26 AM.

The previous post in this blog was Home sellers dream up ways to hook buyers.

The next post in this blog is Real estate agent commissions up, down or flat?.

Many more can be found on the main index page or by looking through the archives.