In looking back on FNF acquiring the assets of LandAmerica; what a deal they got! This stock will pay off big time as the real estate maket begins to make its recovery. Bill Foley took advantage of a real opportunity and played his cards extremely well. The sad thing is that Chandler in all his arrogance never saw it coming.
When FNF acquired LandAm's two primary underwriters, Commonwealth and Lawyers Title, they got some very good employees and discarded much of what had been broken. They manage their costs well and know how to grow their market segments. FNF is clearly the dominate player in this space and will see significant upside from integrating CLTIC and LTIC into the FNF family. In my humble opinion, with the real estate market beginning to generate momentum and work its way out of the doldrums "longs" will be very pleased with FNF's performance.