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Company: ServiceLink Holdings, LLC
Current Parent Company:
Fidelity National Financial
Parent at the Time of the Penalty Announcement:
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Penalty: $65,000,000
Year: 2017
Date: January 24, 2017
Offense Group: financial offenses
Primary Offense: banking violation
Violation Description: The Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency fined ServiceLink Holdings, LLC $65 million for improper actions by its predecessor company, Lender Processing Services, Inc. (LPS), which resulted in significant deficiencies in the foreclosure-related services that LPS provided to mortgage servicers.
Level of Government: federal
Action Type: agency action
Agency: Federal Reserve
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Florida
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.