LPS National Flood, LLC is now Servicelink National Flood, LLCMarch 2014
On Thursday, January 2nd 2014, Fidelity National Financial (FNF) announced its acquisition of Lender Processing Services (LPS). In addition, we are pleased to announce that Lender Processing Services (LPS) and ServiceLink have united as Black Knight Financial Services, Inc (BKFS). Black Knight is comprised of two businesses: Black Knight Financial Services, a technology, data and analytics company; and ServiceLink, a transaction services company that includes our Flood division. Both businesses will work together...
Fidelity National Financial, Inc. Announces Formation of Black Knight Financial ServicesJanuary 2014
Jacksonville, Fla. -- (January 3, 2014) -- Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, today announced the reorganization of the former Lender Processing Services, Inc. ("LPS") businesses, the formation of a wholly-owned subsidiary called Black Knight Financial Services, Inc. ("Black Knight") and the issuance of a 35% interest in each of Black Knight's two operating subsidiaries, ServiceLink Holdings, LLC ("ServiceLink") and Black Knight Financial Services, LLC ("BKFS"), to funds affiliated with Thomas H. Lee Partners, L.P. and certain related entities. Black Knight, through ServiceLink and BKFS, now owns and operates the former LPS businesses and FNF's ServiceLink business. FNF's core operating subsidiaries now consist of Fidelity National Title Group, Inc. and Black Knight.
The Standard Flood Hazard Determination FormAugust 2012
The new Standard Flood Hazard Determination Form (SFHDF), FEMA Form 086-0-32 has been published. FEMA has granted a three year transition period before final adoption of the form is required. The previous form can be used until that time. Users may choose to update their systems at any time to the new format. Please periodically check the following websites for updates: FEMA Library and FEMA: Forms.
Flood Insurance Coverage Subject to Change DisclosureNovember 2011
In response to the new flood insurance disclosure language required by different investors, LPS National Flood has created a custom Notice to Borrower (NTB) with added language for flood insurance and servicing transfer disclosures. This custom Notice of Special Flood Hazard (NSFH) contains the new investor requirement ...
Legislation Proposes Reform for the National Flood Insurance ProgramJune 2010
New provisions have recently been proposed by the House Financial Services Committee. For a summary of proposed amendments:
NFIP ExpirationMarch 2010
The NFIP’s authorization expired March 28, 2010. See the letters below giving more details and answers to frequently asked questions.