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Real Estate & Property Law

: Housing Wire

Old Republic Posts Loss, Warns of Continued Slump into 2010

By DIANA GOLOBAY

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Old Republic International Corp. (ORI: 10.76 -11.15%), which provides residential mortgage insurance as well as title insurance and other real estate transfer-related services, on Thursday reported a quarterly net loss of $126.5 million, or 54 cents per share. “Substantially all the reduced performance stemmed from continued weakness in the company’s mortgage guaranty and title insurance [...]

Full post as published by Housing Wire on January 22, 2009 (boomark / email).

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