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[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2722 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (2911 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (2866 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (2930 views)

[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3108 views)


Real Title Services


[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3075 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (2997 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (2809 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 (2762 views)

[-] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3010 views)
Re: Liability over 1M? - Julie Jasiunas/WI
7/2/2006 10:37:23 PM (3743 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 5:30:40 AM (3710 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 9:37:24 AM (4279 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 10:29:28 AM (4148 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 11:30:28 AM (4000 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 12:15:31 PM (3993 views)
Re: Liability over 1M? - Robert Franco/OH
7/3/2006 12:46:51 PM (4145 views)
Re: Liability over 1M? - Scott Perry/PA
7/3/2006 3:19:00 PM (3918 views)
Re: Liability over 1M? - Mason Haas/NY
7/3/2006 3:12:57 PM (3793 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/3/2006 3:39:11 PM (4028 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/3/2006 6:07:26 PM (4044 views)
Re: Liability over 1M? - Kevin Ahern/CT
7/4/2006 6:47:02 AM (4069 views)
Re: Liability over 1M? - Robert Franco/OH
7/4/2006 2:37:56 PM (3981 views)
Re: Liability over 1M? - Ricky Farrow/FL
7/4/2006 11:23:56 PM (3788 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 (3936 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (2804 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3083 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (2855 views)

[+] Bringdown or Update - Margaret Tobin/NC (3 replies)
6/28/2006 6:59:29 PM (2920 views)

[+] Private Information for sale, order your copy now. - George Booth/OH (7 replies)
6/28/2006 12:18:28 PM (3897 views)


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