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Investors Title’s profits decrease
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Industry News
Friday, May 18, 2018
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Investors Title Co. pointed to higher interest rates and declining refinances for its drop in first-quarter net income and revenues.
Chairman J. Allen Fine said the company expects low levels of unemployment and solid wage growth in 2018 to help offset the effects of higher interest rates and limited inventories of residential housing in certain markets.
Read on for more details from Investors’ first-quarter earnings report.
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