NEW YORK (Reuters) - Fidelity National Financial Inc (FNF.N: Quote, Profile, Research), which controls one of the largest U.S. title insurers, on Wednesday said first-quarter profit fell, as the slumping housing market cut into home sales and refinancings.

Net income for the Jacksonville, Florida-based company fell to $27.2 million, or 13 cents per share, from $83.4 million, or 37 cents, a year earlier.

(Reporting by Jonathan Stempel; )