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Fitch: Title Insurers show improved loss ratio
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Industry News
Tuesday, August 26, 2014
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The U.S. title insurance industry reported declines in title operating revenues and profits for the first half of 2014 as the industry continued to deal with lower mortgage refinancing volumes. Harsh winter weather and higher interest rates in the first quarter also contributed to lower mortgage and real estate market activity over the first six months of 2014, according to Fitch Ratings.
Fitch’s Glombicki analyzes the big four
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