TitleServ National, a Woodbury, N.Y.-based provider of title insurance, appraisal and settlement services, apparently exited the business on April 8, according to industry sources. An executive with one of TitleServ’s competitors, Elliot Foo, the president and chief executive of Closing USA, commented that it is becoming more and more difficult for the mid-size players like TitleServ and his firm to compete against the large national service providers on one side of the spectrum and the small local firms at the other.
TitleServ out of title insurance business?
Most Popular Articles
Latest Articles
Labor market report is good news for mortgage rates
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
-
Virginia Realtors: Zillow’s touring agreement may not be legal
-
Low inventory creates challenging conditions in North Carolina’s housing market
-
Tri-state area housing shortage could cost the region economically
-
Remote reverse mortgage counseling now permanently permitted in Massachusetts
-
NAR settlement terms slated to go into effect in mid-August