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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Home-Link's cashed out

November 22, 2002

Shortage of funds opens door to bankruptcy court

Inman News Features

Home-Link Services today filed for Chapter 11 bankruptcy in New Haven, Conn.

The company said in a statement it was experiencing a cash flow shortage, which management attributed to "the weak general economy. "

Home-Link CEO Bob Albus said, "This was a most difficult decision, but the challenges presented by the general economy and the investment marketplace were not surmountable as we had been structured."

The company will consolidate operations while seeking refinancing. Albus will continue as president and CEO.

A small number of employees will stay on board to plan and implement the reorganization, ensure that outstanding current member orders for goods or services from vendors are completed and serve brokers whose members' activities are maintained by Home-Link's systems, according to the company.

Home-Link's service is primarily offered by real estate brokerages to people buying or selling homes to provide guided access to the goods and services associated with real estate, transactions, moving and establishing homeownership.

Copyright: Inman News Service

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