Well, what else would you do if the volume of your business is down, and if the pricing scale for your product is tied to real estate sales prices , and the stockholders & financial rating services are upset that the dividends are being cut? Raise the rates!
Chicago Title has announced another fee increases (The third in the last 15 months). The new fees go into effect October 1.
I understand that Greater Illinois Title has announced a fee increase as well.
Watch for the rest of the still viable title companies to follow suit soon.
Compare title rates on my web site, here.