Industry NewsMortgage

Fitch has negative outlook on title insurance industry

More layoffs expected to keep costs in line with falling revenue
Published on Mar 12, 2008

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The nation’s five biggest title insurers saw operating revenue from title operations fall 12 percent in 2007 and may experience another 20 percent drop this year, analysts at Fitch Ratings said in issuing their first-ever negative rating outlook for the ...

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