This sounds strangely familiar to the recent( well, not really so recent anymore) oil company record profits- where the increase in costs are offset by increased amounts we have to pay for their product.When I was in business in a retail store a long time ago- profits were tied directly to costs- if costs went up, then profits would go down unless there was an adjustment to the sales price-but profits would never skyrocket like it has done for some unless costs remained the same or less and sales prices rose to what has been an "imagined" cost increase- unfortunately one can only hide that kind of practice for so long-I think the oil companies are about to get some intense scrutiny- and account for their excessive price gouging that is going on. This title company might be well advised to heed this kind of action and realize that there will be something to pay for all this , as in a mass exodus of independent abstractors doing their work, for what amounts to a loss.
Steve
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