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[+] Non Payment - Teresa Melvin/VA (3 replies)
11/24/2009 10:47:31 AM (4121 views)

[+] Slow Pays-Law Firms - Ellen Maher/MI (3 replies)
11/23/2009 12:12:30 PM (3692 views)

[+] The Most Unhappy News of the Day - Patrick Scott/IL (6 replies)
11/20/2009 9:32:15 PM (4332 views)

[+] Abstracting for surveyor's - Wayne James/TX (5 replies)
11/20/2009 4:11:07 PM (3708 views)

[+] Pre-Foreclosure Search Requirements - JENNIFER HOLZMAN/PA (7 replies)
11/20/2009 1:43:12 PM (3925 views)




[+] Prestige Title Specialists - chris denham/GA (1 reply)
11/20/2009 12:57:30 AM (4327 views)

[+] Social Media in Today's Marketplace - Jarrod Clabaugh/OH (1 reply)
11/18/2009 10:53:35 AM (4663 views)

[+] Nonpayers: Velahos Law, Woodbury Title, The National Foreclosure Consultants Group (TNFCG) - Patrick/NY (10 replies)
11/16/2009 10:06:26 AM (5828 views)

[+] Question? - Dorothy Payne/NY (2 replies)
11/13/2009 10:44:37 PM (4277 views)

[+] Why ask for a fixed fee for title abstracting ... - Bobbi Shorthouse, Notary Public/CT (5 replies)
11/13/2009 1:36:30 PM (4262 views)

[+] Premier Abstracting Services, LLC - Cliff Boltz/VA (3 replies)
11/13/2009 11:19:34 AM (4900 views)

[+] Thank you for your service! - Nils Nelson/ME (1 reply)
11/11/2009 9:38:57 AM (3800 views)

Abstract Research Group in Lansdowne, VA?? - Paul Hajacos/VA
11/10/2009 7:56:59 PM (3380 views)

[+] Owner Response - Genesis Title - Sue Connor/OH (5 replies)
11/9/2009 12:18:37 PM (4849 views)

[-] One Owner Search Survey Results - Jeanine Johnson/FL (1 reply)
11/5/2009 9:55:05 PM (5218 views)
Re: One Owner Search Survey Results - Patrick Scott/IL
11/11/2009 8:04:13 PM (4001 views)

Jeanne,

Your poll results are interesting.  It's good to see that the majority of abstractors are more on the thorough side.

Given the different terminology, and the different standards of the different clients, not to mention varying state statutes, trying to define any product beyond a general starting point might be futile.  I think any set standards would need to cover the most rigorous end of the spectrum, which would likely raise the cost for some clients.  Thus, the blanket definition would be rejected by a segment of the customer base.

This would also require agreement among associations aside from NALTEA, or any other single association.  There would need to be agreement between associations representing the vendors as well as those representing the customers.  I don't believe NALTEA has the numbers yet to be able to gain enough support among the abstractors for any set standards.  I'm not sure if any associations representing the client base(s) have the numbers either, other than the ALTA.

That said, it's still a great idea.  In fact, it has been discussed in the past between NALTEA and another organization.  There was some doubt expressed by the other organization as to whether it could work, but a willingness, nonetheless, to further explore the idea.  I think those discussions could be revived.  The idea definitely merits further discussion among NALTEA members.

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