Alanna’s Hoyt Mann in Housing Wire: “Emerging purchase market will shine spotlight on closing process and softening margins for title agents.”

closing process

Alanna President and Co-Founder Hoyt Mann was published in Housing Wire recently, where he observed that the transition from a historic refinance market to a purchase-dominated market will mean rising costs for title companies. Specifically, process inefficiencies are exacerbated in the high-touch environment typical to purchase closings—leading to margin compression. Hoyt offers a few suggestions for title companies to consider as they battle costs.

Purchase market will highlight closing process problems