title companies laying off again

[jillayne]

I am hearing that title insurance companies are laying off workers again and cutting hours, reducing commissions, etc., due to losses. Title companies are typically the first sign of things to come as they simply MUST maintain specific profitability goals each month/each quarter and must make cuts as mandated by corporate headquarters.

Title companies were the first to make heavy cuts in 2007 when the market started to slow down.

[S-Crow]

Yep. They are. Again.