Fitch Publishes U.S. Title Insurance Industry Dashboard
The U.S. Title Insurance Dashboard discusses Fitch's Rating Outlook for title insurance, and highlights how moderate declines in the industry's operating revenue and earnings led to variability in operating margins for 2014 across the four largest title underwriters.
Expected increases in mortgage originations and growth in purchase originations should more than offset a moderate decline in refinance activity Fduring 2015. Three of the top four underwriters reported an increase in open and closed order counts during fourth-quarter 2014, which should provide positive benefits to profitability through first-quarter 2015.
In addition, the report discusses title insurance market share and variations in performance among leading companies in this sector.
The 'U.S. Title Insurance Dashboard' is available on Fitch's website at 'www.fitchratings.com' or by clicking on the link.
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