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Violation Tracker Individual Record

Company: 
ServiceLink Holdings, LLC
Current Parent Company: 
Fidelity National Financial
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 Parent: 
USA
HQ State of Parent: 
Florida
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source of Data: 

https://www.federalreserve.gov/newsevents/press/enforcement/20170124a.htm (archived copy)

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.