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



[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2853 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (3031 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (2971 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (3040 views)

[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3219 views)




[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3189 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3107 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (2915 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 (2865 views)

[-] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3133 views)
Re: Liability over 1M? - Julie Jasiunas/WI
7/2/2006 10:37:23 PM (4010 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 5:30:40 AM (3986 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 9:37:24 AM (4585 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 10:29:28 AM (4443 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 11:30:28 AM (4297 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 12:15:31 PM (4263 views)
Re: Liability over 1M? - Robert Franco/OH
7/3/2006 12:46:51 PM (4436 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 3:19:00 PM (4209 views)
Re: Liability over 1M? - Mason Haas/NY
7/3/2006 3:12:57 PM (4072 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 3:39:11 PM (4298 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 6:07:26 PM (4314 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/4/2006 6:47:02 AM (4348 views)
Re: Liability over 1M? - Robert Franco/OH
7/4/2006 2:37:56 PM (4249 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/4/2006 11:23:56 PM (4078 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 (4203 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (2917 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3188 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (2967 views)

[+] Bringdown or Update - Margaret Tobin/NC (3 replies)
6/28/2006 6:59:29 PM (3048 views)

[+] Private Information for sale, order your copy now. - George Booth/OH (7 replies)
6/28/2006 12:18:28 PM (4039 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:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

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

Builder Sentiment Posts Notable Decline on Economic Uncertainty
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic u...
Baby Boomers Remain Largest Share of Home Buyers as First-Time Buying Falls to Record Low
“The housing market remains sharply divided between homeowners with equity and first-time buyers trying to break i...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Given the evolving situation in the Middle East and its impact on energy and commodity prices, mortgage rates dec...
March New Home Purchase Mortgage Applications Increased 11 Percent
“Applications for the purchase of newly built homes increased in March, posting monthly and annual gains, and reac...
NAR Existing-Home Sales Report Shows 3.6% Decrease in March
“March home sales remained sluggish and below last year’s pace,” said NAR Chief Economist Dr. Lawrence...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.