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Title insurance companies – Smart banking post-recession
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Operations
Friday, April 26, 2013
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Following the challenging days of the 2008 collapse, title companies
found themselves impacted by a perfect storm of consequences: an
increase in claims, slowed government searches of records, transactional
drop-offs, increased competition and rising purchases by investor
groups more likely to use the services of real estate attorneys and
brokers. In such a climate, title companies have needed to be astute
with regard to their banking relationships – seeking bankers who provide
security, responsiveness and creative business solutions for a myriad
of situations.
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