Wednesday, July 30, 2008

Financial Title Is No More

Agent Bubble writes in with this announcement from Folsom-based Financial Title:

I am sending this notice to you with much regret - Please see the attached announcement. Our owner, Mercury Company, has completely ceased doing any and all business with any title companies under its umbrella. This includes Financial Title state-wide, as well as other companies. I have enjoyed working with all of you and thank those who have stayed with me through the tough changes that have been placed on this industry in the past year. I hope to work with you all again very soon, and will definitely be trying to contact each and every one of you by phone in the next couple days.
More from here: Folsom-Based Financial Title Company Closes

1 comment :

Anonymous said...

Have a good friend there. Unforeseen. (is that a word?)

All the stuff they had in escrow, typically lined up to close at month end (today) will be delayed while they get permissions to transfer stuff, etc.

It will play with the monthly closing stats and shift closings into August.