JACKSONVILLE, Fla. ( TheStreet) -- Fidelity National ( FNF - Get Report) topped Wall Street earnings and revenue estimates on Wednesday, citing higher fees and volume for its title insurance operations. Fidelity, the largest provider of title insurance in the U.S., earned $83.2 million during the third quarter, or 36 cents per share, on revenue of $1.42 billion. Analysts had expected 30 cents in profit per share on revenue of $1.4 billion, on average. Fidelity's earnings were up 13.4% over the year-ago period although revenue dropped 3.4% - a reflection of stronger margins on each transaction. "This was another solid quarter for our title insurance business," Chairman William Foley said in a statement. "In particular, refinance order volumes showed strength throughout the quarter, moving from 10,500 open orders per day in July to more than 11,400 open orders per day in both August and September." The company had nearly 304,000 orders outstanding at the end of the quarter, of nearly 712,000 new orders that came in during the September period. Fees per file have climbed nearly 47% over the past year, to $6,600, as demand for refinancing and real estate-owned (REO) purchases has increased sharply. Fidelity has been in the news recently due to problems with foreclosure processes at large mortgage servicers. Documentation errors have called into question whether homes were seized properly, and thus, how much financial liability title insurers may have to the issue. Title insurers essentially guarantee that title documents are accurate. Foley said it will require large lenders to indemnify Fidelity against losses incurred due to their failure to comply with proper documentation requirements. Bank of America ( BAC - Get Report) - the biggest servicer and the only one to implement a nationwide moratorium on foreclosures - was the first to agree to such a provision. "We believe that this agreement reflects current law in every state and is consistent with the rights that we have under the policies we issue," said Foley. Most lenders require title insurance along with any new mortgages. If other major title insurers, such as First American Financial ( FAF - Get Report) and Old Republic International ( ORI - Get Report) require similar provisions to be in place before going forward with new foreclosure sales, big lenders may not have much of a choice but to comply. Fidelity's stock climbed 1.7% to $14.74 on Wednesday and was flat in after-hour trading. -- Written by Lauren Tara LaCapra in New York. >To contact the writer of this article, click here: Lauren Tara LaCapra.