Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (1520)	10/16/2003 3:17:29 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 110194

just talked to my title connection. layoffs everywhere in the industry, they started with 10% and hoping to steal market share in other business. refi tanked. e.g. she said her escrow officers who specialized in refi went from 250 files a month to now less than 75. I said 75 still a lot. She said they are now mainly seconds, equities, screwies and not first trust deeds of old. no problem with claims because with so many rounds of refi, any title problem would have been caught and cleaned up. she is manager for Southern California so she still sees strong market only. Not much increase in TSG orders.