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[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (3105 views)

[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3290 views)

[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3272 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3189 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (2994 views)




[+] How do you build your title search business through out your state - Margaret Tobin/NC (1 reply)
7/5/2006 1:38:41 AM (2932 views)

[-] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3214 views)
Re: Liability over 1M? - Julie Jasiunas/WI
7/2/2006 10:37:23 PM (4305 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 5:30:40 AM (4272 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 9:37:24 AM (4873 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 10:29:28 AM (4736 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 11:30:28 AM (4614 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 12:15:31 PM (4530 views)
Re: Liability over 1M? - Robert Franco/OH
7/3/2006 12:46:51 PM (4790 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 3:19:00 PM (4562 views)
Re: Liability over 1M? - Mason Haas/NY
7/3/2006 3:12:57 PM (4377 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 3:39:11 PM (4584 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 6:07:26 PM (4593 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/4/2006 6:47:02 AM (4654 views)
Re: Liability over 1M? - Robert Franco/OH
7/4/2006 2:37:56 PM (4563 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/4/2006 11:23:56 PM (4386 views)

I respectfully disagree with your assessment of claims management by title insurers having anything to do with RESPA.  The core services required by RESPA involve the determination of insurability and who does the determining (and subsequent liability) And the full and honest disclosure of all costs associated with the closing - none of which is being done - but that is a different arguement.  Fairness does come into play in litigation.  Why should an entity receiving the smallest compensation suffer the greatest risk.  We, the abstractors and examiners, are to blame for the current situation.  We basically issue title insurance without any of the rules or regulations - or proper payment.

You also mention negligence.  One of the main concepts of running title is to do so in a manner that is "generally acceptable practice" in an area - boy, is that thrown out the window with the internet - or even worse filling out these ridiculous forms that they try to make us use.  Negligence is allowing a VM to take a current or 2-owner or Purchase Money Mortgage search and issue a title policy on it.  Let's take some of their requirements to court with the claim - no family to family deeds; forms that do not have a place for the type of deed; restrictions to be included on a limited search; searches that do not even require a copy of the deed.  We are WAY backwards on a lot of  the things going on in this industry!

The ultimate loser here is Mr. and Mrs. Homebuyer/refinancer - who gets a crappier product backed up by less and less.  And we are losing our jobs while we help them.

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Re: Liability over 1M? - Kevin Ahern/CT
7/5/2006 5:46:04 AM (4492 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (2993 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3262 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (3034 views)

[+] Bringdown or Update - Margaret Tobin/NC (3 replies)
6/28/2006 6:59:29 PM (3103 views)

[+] Private Information for sale, order your copy now. - George Booth/OH (7 replies)
6/28/2006 12:18:28 PM (4109 views)

[+] ValueAmerica - Wendy Waddell/PA (16 replies)
6/28/2006 7:52:34 AM (3306 views)

[+] My turn to vent please. - J Nisonger/CA (13 replies)
6/28/2006 3:30:35 AM (3144 views)

[+] e-filing - Douglas Gallant/OH (8 replies)
6/27/2006 6:24:11 PM (2925 views)


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