Analysts: Title insurance business may drop in 2009

01/8/2009 | PropertyCasualty360

New York-based financial services firm Keefe, Bruyette & Woods projects a 1.3% decline to $1.8 trillion in title insurance's mortgage market this year over 2008. The company's new report also states that the federal government's actions have driven down mortgage rates, causing an increase in title insurance applications.

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