Posted by jean/pa on 9/11/13 12:34pm
Msg #484174

title companies closing

Has anyone heard that a Pittsburgh, pa title company shut it;s doosr today?

Reply by Jack/AL on 9/11/13 12:38pm
Msg #484180

No. Which one?

Reply by jean/pa on 9/11/13 12:42pm
Msg #484181

That is what I am trying to find out

Reply by Barbara___IL on 9/11/13 1:31pm
Msg #484192

That would be very valuable information. Please let us know, if you find out.

Reply by SOCAL/CA on 9/11/13 1:53pm
Msg #484194

Google is your friend

http://www.bizjournals.com/pittsburgh/news/2013/01/02/real-estate-services-firm-to-close.html

Reply by PegiT_MN on 9/11/13 1:59pm
Msg #484197

Re: Google is your friend

Google is only your friend if you know how to use it......that's old news.

Reply by Jack/AL on 9/11/13 2:02pm
Msg #484198

As copied from the link, to save you time......

Paul J. Gough
Digital Producer-
Pittsburgh Business Times

National Real Estate Information Services in Pittsburgh has told the state Department of Labor & Industry that it will be laying off all of its 215 employees beginning in February.

The company, also known as NREIS, offers title, settlement and appraisal services to the real estate industry. It's based at 290 Bilmar Drive in Pittsburgh. The Dec. 17 notice required by the Federal Worker Adjustment and Retraining Notification Act said that the layoffs would be "as a result of the dissolution and windup" of NREIS.

NREIS didn't immediately respond to telephone messages and emails Wednesday. The layoffs were to begin on Feb. 15. It wasn't clear whether NREIS was just closing its Pittsburgh office or if any other offices were involved.

Privately held NREIS has been in business for more than 25 years and was the product of a 1993 merger between National Real Estate Loan Services and Home Equity Information Services. NREIS has 1,200 employees, according to its website. Eight of the largest originators have been clients of NREIS, the website said.

Reply by John/CT on 9/11/13 2:48pm
Msg #484226

Re: NREIS

Could be the fallout from their loss of the suit brought by the Massachusetts Real Estate Bar Association.

Reply by Jack/AL on 9/11/13 3:08pm
Msg #484230

Re: NREIS

Separate from three years of mostly one-star ratings in SC, I'll just betcha that our members were not the only people who were less than happy with the performance of NREIS. That's just a guess, for I stopped working for them long ago.