Saturday, August 18, 2007

query: impact of subprime collapse on escrow and title companies

The fates of escrow and title companies are riding in tandem with the lenders they serve.

Those that expanded and built their business plans on serving subprime lenders and adopted the relaxed crappy standards the subprime culture created may find it hard to survive the collapse.

Forensic quality control reviews shouldn't find it too hard to connect vendor management style processing with inadequate due diligence.

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