Fidelity National Financial Inc at KBW Insurance Day (Virtual) Transcript
Great. Good morning, everyone. Thanks for joining us for our next session for the KBW Title Day. Next up, we have the management team from Fidelity National Financial. With us, we have Mike Nolan, the CEO; Tony Park, the CFO; and Lisa Foxworthy-Parker, the Head of Investor Relations.
So let's kick it off with a discussion on what you're seeing in the market in terms of current order trends. So Mike, let me turn it over to you for that.
Yeah. Thanks, Bose, and thanks for having us today. It's interesting when you look at this year to last year and as we went into kind of the fourth quarter of last year, we had sort of a rising rate environment, if you remember.
And this year, we kind of have the opposite of that, and we can really see it in the order trends. So for November, our purchase orders on the open side are up 5% a day versus last November and also essentially flat sequentially to October.
And that's really interesting because that's
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