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Questions on copies - Dan Zook/NY
11/19/2010 4:34:55 PM (3413 views)
Re: Questions on copies - Slade Smith/OH
11/19/2010 5:28:26 PM (3357 views)
That reminds me... - Robert Franco/OH
11/19/2010 5:49:25 PM (6076 views)
speaking of copies.... - Alix Ott/MI
11/22/2010 8:14:34 AM (3239 views)
Re: speaking of copies.... - Robert Franco/OH
11/22/2010 9:17:51 AM (3284 views)
Re: speaking of copies.... - Diane Brewer/SC
11/22/2010 9:52:13 AM (3242 views)
Re: speaking of copies.... - Alix Ott/MI
11/22/2010 10:15:19 AM (3233 views)
Solution - William Pattison /CA
11/22/2010 11:31:51 AM (3298 views)
Re: Solution - Alix Ott/MI
11/22/2010 1:30:54 PM (3076 views)
Re: speaking of copies.... - Amy Jensen/OR
11/30/2010 2:53:12 PM (2981 views)

New FNMA Guidelines - Leigh Attridge/MA
11/19/2010 8:36:53 AM (4272 views)

Fiber optic outage... - Robert Franco/OH
11/18/2010 9:49:10 AM (2910 views)

Non-Judicial Foreclosure Misposts - William Pattison /CA
11/16/2010 1:07:25 AM (3308 views)
Re: Non-Judicial Foreclosure Misposts - Slade Smith/OH
11/16/2010 1:33:26 PM (3242 views)
Re: Non-Judicial Foreclosure Misposts - William Pattison /CA
11/16/2010 3:38:55 PM (3255 views)
Re: Non-Judicial Foreclosure Misposts - Slade Smith/OH
11/16/2010 4:57:03 PM (3369 views)
Re: Non-Judicial Foreclosure Misposts - William Pattison /CA
11/17/2010 10:02:42 AM (3211 views)
Re: Non-Judicial Foreclosure Misposts - Slade Smith/OH
11/17/2010 11:46:35 AM (3303 views)
Re: Non-Judicial Foreclosure Misposts - William Pattison /CA
11/17/2010 2:37:01 PM (3320 views)

Your comparison is a bit of apples to oranges, but going with that analogy, research firms have miscellaneous professional liability insurance and claims are indeed made against them when missed records occur.  Sometimes it is not the lack of due diligence on the part of the abstractor, but a failure in the public records themselves.  Sometimes there is a reasonable expectation that a record should have been  located and it falls to their insurance to make matters right.

This then begs the question as to whether the foreclosure companies are insured to the same levels and being held to account on the same basis.  I'll admit that I'm unaware of such claims.  Furthermore, the scale of loss between an abstractor missing a mechanics lien versus a foreclosure mill kicking a family out of their home, is massively different in every dimension. 

I know that it is not unheard of that a title search claim can be very high, or that such failures can materially contribute to property loss, but this seems far less  frequent or likely than a foreclosure mill specializing in taking property.

I would also  note the important (qualitative) difference between researching public records as an abstractor in order to produce a report and recording matters of public notice on those records.  Clearly the onus is on the party submitting papers for recording to state things accurately and correctly and not to do so in a manner that creates a liability or encumbrance on wrong parties, wrong properties, or in erroneous ways.

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NREIS - Richard Primmer/RI
11/15/2010 6:26:25 PM (3480 views)
Re: NREIS - Barbara /FL
11/22/2010 8:39:38 AM (3287 views)


Real Title Services


Taking Care of our Abstractors... - Jaime  Kosofsky/NC
11/13/2010 9:27:24 PM (3444 views)
Re: Taking Care of our Abstractors... - Diane Brewer/SC
11/16/2010 9:57:27 AM (3216 views)

Foreclosure fun in the Bay State - Deborah Manion/VA
11/12/2010 10:35:30 AM (4347 views)

fee - iveta todora/VA
11/12/2010 10:26:58 AM (3355 views)
Re: fee - Robert Franco/OH
11/12/2010 11:18:13 AM (3650 views)
Re: fee - K C/NJ
11/19/2010 1:35:05 PM (3357 views)
Re: fee - Dan Zook/NY
11/19/2010 4:16:38 PM (3359 views)
Re: fee - Alix Ott/MI
11/22/2010 8:37:59 AM (3332 views)

Lenders Allies - Cherie Smurthwaite/CA
11/11/2010 7:53:46 PM (5921 views)
Re: Lenders Allies - Donna Stovall/NY
11/22/2010 7:39:23 AM (4149 views)
Re: Lenders Allies - Cherie Smurthwaite/CA
11/22/2010 7:28:14 PM (4779 views)

DataChek - Kurt deVries/FL
11/10/2010 2:00:00 PM (3515 views)
Re: DataChek - Jessica Talley/NJ
11/10/2010 5:30:31 PM (3599 views)
Re: DataChek - Ron McPherson/IA
11/11/2010 12:57:23 AM (3580 views)
Re: DataChek - Jessica Talley/NJ
11/11/2010 1:06:37 AM (3479 views)
Re: DataChek - Kurt deVries/FL
11/11/2010 11:03:34 AM (3504 views)
Re: DataChek - Michael Vernon/AZ
11/15/2010 12:51:17 PM (3351 views)

New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/10/2010 11:39:26 AM (3277 views)
Re: New HUD-1 title fees accounting - Robert Franco/OH
11/10/2010 11:58:44 AM (7175 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/10/2010 2:05:54 PM (3517 views)
Re: New HUD-1 title fees accounting - CHARLENE  PERRY/MD
11/10/2010 5:50:53 PM (3367 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/11/2010 11:36:03 AM (3783 views)
Re: New HUD-1 title fees accounting - CHARLENE  PERRY/MD
11/13/2010 11:08:38 PM (3570 views)
Re: New HUD-1 title fees accounting - Diane Brewer/SC
11/16/2010 9:54:22 AM (3655 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/20/2010 12:38:21 PM (3376 views)
Re: New HUD-1 title fees accounting - Patrick Scott/IL
11/20/2010 9:06:37 PM (3388 views)
Re: New HUD-1 title fees accounting - Donna McCullough/SC
11/22/2010 6:54:40 PM (3355 views)
Re: New HUD-1 title fees accounting - Donna McCullough/SC
11/22/2010 7:00:44 PM (3378 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/23/2010 7:30:14 PM (3482 views)

A change is coming... - Robert Franco/OH
11/10/2010 11:26:20 AM (3693 views)
Re: A change is coming... - CHARLENE  PERRY/MD
11/10/2010 11:31:13 AM (3613 views)
Re: A change is coming... - Leigh Attridge/MA
11/10/2010 12:06:03 PM (3537 views)
Re: A change is coming... - Robert Franco/OH
11/10/2010 12:12:41 PM (3673 views)
Re: A change is coming... - Ryan Scioli/NJ
11/11/2010 10:25:23 AM (3455 views)
Re: A change is coming... - Matt Papsch/MD
11/11/2010 12:54:03 PM (3416 views)
Re: A change is coming... - Celia Franklin/GA
11/12/2010 7:32:38 PM (3444 views)
Re: A change is coming... - Diane Brewer/SC
11/16/2010 9:46:49 AM (3363 views)
Re: A change is coming... - K C/NJ
11/19/2010 3:54:24 PM (3275 views)
Re: A change is coming... - Alix Ott/MI
11/22/2010 8:45:59 AM (3253 views)

alvey - melissa smith/VA
11/10/2010 8:38:13 AM (3556 views)
Re: alvey - Deborah Manion/VA
11/10/2010 9:07:16 AM (3720 views)
Re: alvey - Leigh Attridge/MA
11/10/2010 10:04:44 AM (3546 views)
Re: alvey - Robert Franco/OH
11/10/2010 10:20:30 AM (3615 views)
Re: alvey - Leigh Attridge/MA
11/10/2010 10:24:22 AM (3575 views)
Re: alvey - Slade Smith/OH
11/10/2010 10:32:17 AM (3533 views)
Mr. Avley is Alive and Well... - Robert Franco/OH
11/10/2010 10:53:58 AM (3534 views)
Re: Mr. Avley is Alive and Well... - Anon/OH
11/10/2010 7:37:38 PM (3601 views)

Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL
11/9/2010 2:20:36 PM (3922 views)
translation please - Deborah Manion/VA
11/9/2010 4:33:07 PM (3351 views)
Re: translation please - CHARLENE  PERRY/MD
11/9/2010 6:29:47 PM (3416 views)
Re: translation please - PAULA DEEM  REYNOLDS/FL
11/9/2010 7:59:43 PM (3390 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL
11/9/2010 7:56:25 PM (3582 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - CHARLENE  PERRY/MD
11/9/2010 9:50:36 PM (3490 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL
11/9/2010 10:12:33 PM (3538 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL
11/10/2010 8:46:51 AM (3308 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - CHARLENE  PERRY/MD
11/10/2010 10:58:56 AM (3383 views)
Re: Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL
11/10/2010 10:24:06 PM (3474 views)

Comment on "A Barrier to Access" - Source of Title/OH
11/9/2010 12:56:43 PM (3230 views)
Sounds like a good decision to me... - Robert Franco/OH
11/9/2010 12:56:43 PM (3275 views)
Re: Comment on "A Barrier to Access" - Kevin Ahern/CT
11/9/2010 1:07:24 PM (3168 views)
Re: Comment on "A Barrier to Access" - Donna McCullough/SC
11/9/2010 2:43:42 PM (3233 views)
Re: Comment on "A Barrier to Access" - Robert Franco/OH
11/9/2010 4:26:19 PM (3217 views)
Re: Comment on "A Barrier to Access" - Steve Vinciguerra/NY
11/9/2010 4:43:53 PM (3164 views)
Re: Comment on "A Barrier to Access" - William Pattison /CA
11/22/2010 11:40:08 AM (3056 views)
Re: Comment on "A Barrier to Access" - Slade Smith/OH
11/22/2010 12:37:52 PM (2914 views)


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