Richard Reass, Founder and CEO of RynohLive, wrote the attached article for the MReport, explaining how the Dodd-Frank Act has caused a domino effect that is placing significant strain on title companies. The increase in regulations has resulted in new rigorous market standards that have led to an additional layer of regulation on title companies that is enforced by the lenders, and some agencies may be reaching a tipping point.
Read the attached article to find out what else Reass has to say about the current market and the uphill battle that title companies face.