TITLE COMPANIES.Ranked by total mortgages insured The person who obtains or is otherwise covered by insurance on his or her health, life, or property. The insured in a policy is not limited to the insured named in the policy but applies to anyone who is insured under the policy. insured n. during 2000 in L.A. County THE PACESETTER FIDELITY Fidelity is a notion that at its most abstract level implies a truthful connection to a source or sources. Its original meaning dealt with loyalty and attentiveness to one's duty to a lord or a king, in a broader sense than the related concept of fealty. NATIONAL TITLE INSURANCE CO. FIDELITY National Title Insurance Co. takes over this year as the top performer on our list of title companies. Even in an off year for the industry, Fidelity National gained market clout -- in large part because its parent company Fidelity National Financial Inc. of Irvine Irvine, town, Scotland Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing. bought Chicago Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. Title Corp., one of its biggest competitors COMPETITORS, French law. Persons who compete or aspire to the same office, rank or employment. As an English word in common use, it has a much wider application. Ferriere, Dict. de Dr. h.t. . Dan Murphy Dan Murphy (born Daniel Murphy, on July 12, 1962 in Duluth, Minnesota) is best known as the guitarist for the band Soul Asylum. He is also a member of Golden Smog. History , Fidelity National's director of investor relations Investor relations The process by which the corporation communicates with its investors. , said that the company is embarking on a campaign to snag another 3 percent of market share in each of the next five years. One of the ways that Fidelity National plans to achieve that, Murphy said, is by offering customers more services. In January January: see month. of this year, Fidelity National bought International Data Management Corp. and its databases that cover more than 1,050 counties in 48 states. That covers 75 percent of all property owners in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Fidelity National. Murphy said Fidelity National also has been keeping close tabs on overhead costs overhead costs see fixed costs. , particularly in a down year like 2000 was, so the company can keep expenditures low if the orders aren't aren't Contraction of are not. See Usage Note at ain't. aren't are not aren't be coming in. What's it going to be like this year? Murphy wouldn't would·n't Contraction of would not. wouldn't would not wouldn't would project too far ahead. "We've we've Contraction of we have. we've have got great momentum, but we're we're Contraction of we are. we're we are always nervous about the future," he said. EXECUTIVE SUMMARY FOR the second straight year, the number and dollar amount of mortgages insured by the top 25 title companies in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County dropped, even though home sales volume remained healthy. The leading tide companies insured $55.7 billion in mortgages (refinances, sales and construction loans) in 2000. That represents nearly a 20 percent drop from the previous year, after a 3.1 percent drop between 1998 and 1999. The main culprit, again, was interest rates, with general economic uncertainty also playing a role. The decline in business in 2000 was the result of a market returning to an equilibrium equilibrium, state of balance. When a body or a system is in equilibrium, there is no net tendency to change. In mechanics, equilibrium has to do with the forces acting on a body. after the previous year's high activity, according to Bryan Bryan, city (1990 pop. 55,002), seat of Brazos co., E central Tex.; inc. 1872. Settled in the early 19th cent. in an area of large plantations, Bryan was long a cotton center. Kelley Kelley may refer to any of the following: People
Steve v. t. 1. To pack or stow, as cargo in a ship's hold. See Steeve. Barth Barth , John Simmons Born 1930. American writer whose novels, including The Sot-Weed Factor (1960, revised 1967), often examine the relationship between language and reality. Noun 1. , president of Equity Title Co. in Glendale Glendale. 1 City (1990 pop. 148,134), Maricopa co., S central Ariz., adjacent to Phoenix; inc. 1910. It is located in a rich agricultural region irrigated by the Salt River project. Glendale has become one of the fastest-growing U.S. , said recent years have produced steady home sales, but interest rates of 7.5 percent to 7.75 percent have made refinancing Refinancing An extension and/or increase in amount of existing debt. mortgages unattractive. Expect a surge See power surge. SURGE - Sorter, Updater, Report Generator, Etc. IBM 704, 1959. Sammet 1969, p.8. of mortgage insurance business at least through mid-year, Kelley said. After that, considering the uncertain economy, it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have anyone's guess.
Rank Company (Ranking in 2000) Total Mortgages Insured [1]
name dollar volume (millions)
address market share [2]
number of mortgages insured
1 Fidelity National Title (3) $7,638.2
19019 Ventura Blvd. 13.69%
Tarzana 91356 38,981
2 First American Title (1) 7,392.2
520 N. Central Ave. 13.25
Glendale 91203 33,739
3 Chicago Title Co. (2) 6,215.1
131 N. El Molino Ave., Suite 150 11.14
Pasadena 91101 26,853
4 Stewart Title (5) 3,073.5
505 N. Brand Blvd., Suite 1200 5.51
Glendale 91203 11,454
5 Southland Title Co. (4) 3,061.5
7530 N. Glenoaks Blvd. 5.49
Burbank 91504 16,297
6 Commonwealth Land Title Co. (6) 2,963.1
801 N. Brand Blvd., Suite 1200 5.31
Glendale 91203 9,729
7 Equity Title Co. (7) 2,865.8
425 W. Broadway, Suite 300 5.14
Glendale 91204 9,624
8 Lawyers Title (12) 2,661.7
251 S. Lake Ave., Fourth Floor 4.77
Pasadena 91101 11,524
9 American Title Co. (8) 2,543.8
550 N. Brand Blvd., Suite 600 4.56
Glendale 91203 17,578
10 North American Title (10) 2,438.3
520 N. Brand Blvd. 4.37
Glendale 91203 8,106
11 Old Republic Title (9) 2,254.9
450 N. Brand Blvd., Eighth Floor 4.04
Glendale 91203 12,440
12 Investors Title Co. (11) 2,046.1
101 E. Glenoaks Blvd. 3.67
Glendale 91027 9,074
13 United Title Co. (13) 1,994.1
514 Shatto Place 3.57
Los Angeles 90020 12,085
14 Progressive Title Co. (16) [3] 1,514.5
5744 San Fernando Road 2.71
Glendale 91202 5,688
15 Gateway Title Co. (14) 1,245.9
1405 N. San Fernando Blvd. 2.23
Burbank 91504 6,425
IN MILLIONS
Rank Refinance Sales Construction Profile
Mortgages Insured Mortgages Insured Mortgages year established [1]
Insured headquarters
1 $3,519.9 $3,766.3 $351.9 1983
Irvine
2 3,097.9 3,537.1 756.3 1964
Santa Ana
3 2,774.2 2,837.7 603.3 1962
Chicago
4 1,655.9 1,071.7 345.8 1961
Glendale
5 824.1 2,193.1 44.3 1985
Burbank
6 1,224 1,398.8 340.3 1969
Richmond, Va.
7 266 2,556.3 43.5 1980
Glendale
8 824.7 1,169.9 217.1 1961
Richmond, Va
9 1,315.3 1,182.8 45.6 1993
Irvine
10 966.3 1,220.9 251.1 1957
Walnut Creek
11 1,088.1 1,089.7 77.1 1978
San Francisco
12 768.8 1,116.8 160.5 1982
Los Angeles
13 1,033.9 933 27.2 1978
Los Angeles
14 236.4 1,255.1 22.9 1991
Brentwood
15 656.1 561.4 28.5 1967
Burbank
Rank Top Local Executive
name
title
phone
1 Cindy Fried
v.p., county manager
(818) 881-7800
2 Ted Moore
president
(818) 242-5800
3 Dan Doyle
v.p., operations manager
(626) 432-7800
4 Nick Pappas
division president
(818) 502-2700
5 David Cronenbold Jr.
ceo, president
(818) 767-2000
6 Roberto Olivera
v.p., county manager
(818) 552-7000
7 Steve Barth
president
(310) 470-1007
8 Sid Phair
L.A. County manager
(626) 304-2700
9 Christopher White
branch manager
(818) 265-0370
10 Doug Murphy
So. Cal. regional manager
(800) 660-2728
11 Bob Elliott
L.A. County manager
(818) 247-2917
12 Robert Snell
president
(818) 476-4000
13 Jerome Smolar
president
(213) 385-3600
14 Dave Erb
executive v.p., county mgr.
(800) 378-4853
15 M. Evans/S. Burlingame
owners
(818) 953-2300
16 South Coast Title (17) $1,193.6 $463.2 $717.4 $13
4401 N Atlantic Ave., Third Floor 2.14%
Long Beach 90807 6,913
17 Orange Coast Title Co. (15) 1,085.8 494.4 535.5 55.9
14320 Firestone Blvd., Suite 300 1.95
La Mirada 90638 7,266
18 Provident Title (18) 902.2 261.4 602.3 38.5
9300 Whilshire Blvd., Suite 100 1.62
Beverly Hills 90212 4,662
19 Benefit Land title Co. (20) 677.3 331.1 329.8 16.4
550 N. Brand Blvd., Suite 200 1.21
Glendale 91203 4,071
20 Landsafe Title (19) 560.7 467.4 92.4 0.95
1515 Walnut Grove Ave., Third Floor 1.01
Rosemead 91770 5,590
21 First Southwestern Title (21) 471.8 328.4 138.9 4.5
790 E. Colorado Blvd., Suite 700 0.85
Pasadena 91101 2,660
22 American Coast Title Co. (22) 426.2 306.8 101.5 17.9
1119 W. Glenoaks Blvd. 0.76
Glendale 91202 2,300
23 California Counties Title Co. (23) 264.8 157.8 89.9 8.1
17547 Ventura Blvd., Suite 305 0.47
Ericino 91316 1,555
24 New Century Title 105.9 59.6 44.6 1.7
16485 Laguna Canyon Rd., Suite 210 0.19
Irvine 92618 721
25 Guardian Title Co. (24) [4] 103.3 85.4 17.8 NA
17727 E. 17th St., Suite 101 0.19
Tustin 92780 463
16 1989 Scott Kobler
Long Beach president
(562) 422-0045
17 1974 Mike Marconi
Santa ana president
(213) 625-8455
18 1986 Jerry Milsaps
Beverty Hills president
(310) 247-4950
19 1986 Bryan Kelley
Santa Ana v.p., county manager
(818) 551-5400
20 1995 Michael Faine
Rosemead president
(626) 927-3100
21 1989 Steve George
Pasadena ceo
(626)568-9200
22 1989 Frank Berriz
Glendale president
(818) 548-0001
23 1972 Rick Mendiaz
Irvine regional sales manager
(818) 528-2801
24 1998 Al Chiecci
Phoenix sr. vice president
(949) 417-1900
25 1975 James Kozel
Tustin president
(714) 730-1800
NA - Not available (1.) In L.A. County (2.) Market share is a percentage based on the total number of mortgages insured, not their dollar value. (3.) On February February: see month. 1, 2001 Progressive was acquired by Equity Title. (4.) On January 1, 2001 Guardian guardian In law, one who has, or is legally appointed to, the care and management of another, usually a minor. A natural guardian is a guardian by natural relationship (usually the father or mother). was acquired by Equity Title. Figures on dollar volume and number of loans were supplied by DataQuick Information Systems. Other information was provided by representatives of the Tittle companies themselves. Companies are ranked by the total value of mortgages insured in L.A. County during 2000. This list was completed during the week of March 12, 2001. |
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