tell me or reference me to an earlier post that explains the lower earnings forecast for next year. My sources say earnings go from $1.83 in '02 to $1.63 in '03.Thanks
All Title Comapnies are forecast lower for next year. Look at FNF, FAF, LFG, STC, ANFI, CTGI. (Same thing for many homebuilders).Whenever interest rates are low, the analysts automatically assume that they will rise and that refi profits will dwindle.Title companies as a class are undervalued.