NU Online News Service, March 25, 2:26 p.m. EDT
While title insurers’ profitability improved in 2010 compared to 2009, Fitch Ratings says it will not change the industry outlook to stable until evidence points to sustainable profitability for the sector.
“Despite the year-over-year improvement, operating performance remains considerably weaker than the strong profits reported from 2004 to 2007,” according to Fitch’s “Title Insurance U.S. Special Report.”
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