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Title Insurers Discover Burgeoning Need for Coverage in Mexico.
National Mortgage News
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October 18, 1999|
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COPYRIGHT 1999 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Chicago--U.S. title insurers are finding a growing market for their services in Mexico, where an influx of American real estate investors has brought greater awareness of title risks to the market.
"Mexican developers have really never had any of these risks pointed out to them," said Hugh Brodkey, special counsel to Chicago Title here.
"They're now realizing that if they are going to be dealing with a U.S. buyer or U.S. lenders, that's going to be one of the questions."
The need for title insurance in Mexico has come into focus recently due to a ...
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