Industry NewsMarkets & Economy

Downturn forces industry changes

Consolidation, cost cutting keys to survival
Published on Jan 9, 2009

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by CareyBot

NEW YORK -- The financial crisis and housing downturn are proving to be a catalyst for change in real estate brokerage, title insurance and lending that could accelerate if the downturn is prolonged.

For the most part, regulators and lawmakers should let the industry shake itself out rather than impose new conditions from above, a panel of experts said Thursday ...

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