LoanCare, founded in 1983, provides subservicing services on more than 100,000 loans for ninety companies in all fifty states, making it approximately the seventh largest subservicer in the nation. LoanCare, which generated 2008 revenue of approximately $19 million and adjusted pre-tax earnings of approximately $4.4 million, provides traditional subservicing, outsourced loss mitigation and other servicing related products and services. The company has previously been a wholly-owned subsidiary of LandAmerica Financial Group, Inc ("LandAmerica"). The total purchase price was approximately $16.3 million and LoanCare had tangible equity of approximately $12.4 million at February 28, 2009. The closing of the acquisition is subject to the satisfaction of certain closing conditions, including approval of the court overseeing the LandAmerica Chapter 11 bankruptcy proceeding.

"We are excited to add the LoanCare capabilities to the FNF family of companies," said Chairman William P. Foley, II. "We believe that LoanCare and ServiceLink, our national lender platform, can generate substantial ancillary product revenue opportunities through the subservicing and loss mitigation platforms, including additional title and closing revenue, trustee sale guarantees, valuations and a broad range of significant default based revenues."

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 collectively issue more title insurance policies than any other title company in the 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.