Mercury Cos. exits three states 

Mercury Companies Inc. is closing down its title and escrow subsidiaries in California, Texas and Arizona, after the Colorado-based company was denied additional credit by lenders.

In California, Mercury subsidiary Financial Title Co., a title and escrow service provider with 57 offices in 10 counties, closed its doors Wednesday much the way sister company Alliance Title did in December -- abruptly, and with little warning to employees, clients or regulators.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.