Old Republic National Title Insurance Co., one of the nation's largest title insurers, recently launched a national default services division in response to the expected increase and need for loan default services. The new division will operate under the purview of the company's National Services Group and will be located in the National Residential Operations Center in Fairlawn, Ohio. It will provide specialized services to lenders in the loss mitigation, default services, foreclosure and REO (real estate owned) arena. James B. Stokes, vice president, National Default Service Division, will manage the newly formed division and be responsible for its growth with a special emphasis on maintaining customer relationships and meeting lender clients' default management needs, the company sai...
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