2008-11-10housingwire.com

"LandAmerica Financial Group Inc. reported that weak mortgage activity drove a quarterly net loss of $599.6 million, or $39.45 per share, in its third-quarter earnings statement, released Monday morning. Total revenue decreased by 30.3 percent, and direct revenue from title and non-title commercial operations declined by 40.1 percent — in other words, it was a pretty bad quarter"



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