How the Title Industry Helps Strengthen America
The title industry is an important part of every American’s life. It may seem like a grandiose claim, but the work we do benefits not only each individual policyholder, but the nation as a whole. Here are just a few examples of how our country and the people in it benefit from the actions of the title industry.
We protect children’s well–being.
- We collect $325 million in past due child support annually enabling children to be properly cared for.
We protect people from unseen dangers.
- We work with law enforcement to prevent and apprehend people committing fraud through real estate transactions.
- Our underwriters, one being Stewart Title Guaranty Company, provide alerts on Specially Designated Nationals, as well as Fraud and Closing Alerts using information from the government to help prevent criminals/terrorists from purchasing real estate.
We protect people’s investments in their homes.
- Over half of all real estate transactions have a problem somewhere in the chain of title; we find these issues and assist in taking corrective action to enable the transactions to go through.
Our protection provides peace of mind that helps boost the economy.
- We provide assurance to homeowners that they can’t simply lose their title because of covered claims.
- We provide assurance to lenders that their investment is protected, thus allowing homeowners to unlock the value in their homes.
We directly help boost the economy by making real estate transactions more efficient.
- We save consumers $10 billion annually in interest cost through timely closings, putting those dollars to work in the hands of the American homeowner.
- By expediting the closing process we save consumers and the real estate industry $1 billion a day.
We help strengthen our nation.
- We collect $1.75 billion in delinquent federal taxes annually, lessening the tax burden for everyone.
The title industry is an integral and vital part of our country’s real estate market that benefits us as individuals and as a country.
Contact us to learn more about title insurance and why we’re the right title company for you.
All information contained herein is for informational purposes only and is not intended to offer advice -- legal, financial or otherwise -- about specific situations or problems. Information is deemed reliable but not guaranteed. Always consult a professional before making decisions about your real estate situation. Intended for distribution to only one per individual for marketing purposes only on behalf of Corinthian Title Company. Not for reproduction. For consumer use only.