Commercial Revenue Growth
The commercial business exhibited strong performance with a 47% growth in revenue for Q4, driven by broad-based strength across all asset classes, particularly industrial and multifamily.
Investment Income Surge
Investment income in the title segment reached $155 million, exceeding expectations, largely due to a strategic portfolio rebalancing project.
Refinance Revenue Increase
Refinance revenue surged 75% compared to the previous year, driven by a 68% increase in closed orders.
Title Segment Revenue Growth
Title segment revenue was $1.6 billion, marking a 22% increase compared with the same quarter of 2023.
Home Warranty Segment Performance
The home warranty segment posted a revenue growth of 4% and an adjusted pretax margin of 18.2%.