SI
SI
discoversearch

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: John Vosilla who wrote (46143)11/27/2005 12:51:49 PM
From: Ramsey Su  Read Replies (2) | Respond to of 110194
 
Numbers for title companies.

mbaa.org

2003 was a banner year for refinancing pushing the total loan volume to $3.812 trillion out of which 66.4% were refinances.

The first 3 qtrs of 2005 is turning out to be a banner year for purchases which generates far more revenue than refinances. In addition, C/I business supposedly jumped for some of the title companies (I think LFG) but I have no data for the industry.

Can they match that pace the current quarter?

Foreclosures are not very profitable for title companies. Some title companies do not even bother with the TSG business.