Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Too Many Keys - David Bloys/TX (6 replies)
7/8/2006 7:36:02 PM (2816 views)

[+] Dear Vendor Manager - Ricky Farrow/FL (13 replies)
7/8/2006 5:14:28 PM (2972 views)

[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2731 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (2917 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (2873 views)


Real Title Services


[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (2937 views)

[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3119 views)

[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3083 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3009 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (2815 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 (2766 views)

[-] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3014 views)
Re: Liability over 1M? - Julie Jasiunas/WI
7/2/2006 10:37:23 PM (3769 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 5:30:40 AM (3735 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 9:37:24 AM (4304 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 10:29:28 AM (4169 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 11:30:28 AM (4022 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 12:15:31 PM (4015 views)
Re: Liability over 1M? - Robert Franco/OH
7/3/2006 12:46:51 PM (4171 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 3:19:00 PM (3943 views)
Re: Liability over 1M? - Mason Haas/NY
7/3/2006 3:12:57 PM (3823 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 3:39:11 PM (4054 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 6:07:26 PM (4061 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/4/2006 6:47:02 AM (4092 views)
Re: Liability over 1M? - Robert Franco/OH
7/4/2006 2:37:56 PM (4006 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/4/2006 11:23:56 PM (3819 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.

to post a reply: login - or - register


Re: Liability over 1M? - Kevin Ahern/CT
7/5/2006 5:46:04 AM (3962 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (2809 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3088 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (2864 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Home buyers are more active this fall.....
Michael Stelzer's Blog
2025/11/27
0 comments

Fannie Mae Drops Minimum Credit Scores
Security American's Blog
2025/11/10
0 comments

Understanding O&E Title Searches
Security American's Blog
2025/10/29
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates crept higher last week, with the 30-year fixed rate up to 6.4 percent, its highest level since ear...
NAR Pending Home Sales Report Shows 1.9% Increase in October
"The Midwest shined above other regions due to better affordability, while contract signings retreated in the more expen...
WFG National Title Insurance Company and Palm Agent Partner to Elevate Customer Experience and Accelerate Continued Growth
Delistings are increasing faster than overall listings are increasing. Nationwide, 5.5% of all home listings were taken ...
Delistings Jump 28% as Sellers Pull Homes Off Market Rather Than Settle For Low Prices
Delistings are increasing faster than overall listings are increasing. Nationwide, 5.5% of all home listings were taken ...
Title Company Owner and Real Estate Investor Admit Mortgage Fraud, COVID-19 Relief Program Fraud Schemes
In June 2020, co-defendant Arthur Spitzer conspired with Deutsch and Feldberger to make it appear as if Spitzer owned th...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.