EP 339. Competition Demystified: Customer Behavior, Reading a 10K, Retention Rates, Industry Structure, Etc.
Focused Compounding
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What Is the Real Reason for Title Insurance?
The real reason of title insurance is not really to protect your interest in the property. It's because you're trying to create a mortgage that can be sold, packaged and sold or stuff. No one will buy a mortgage without title insurance on it. And so it's all about winning those people over as a distribution method.
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