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[+] House committee on Title Insurance - STEVE MEINECKE/VA (4 replies)
5/2/2006 4:13:45 PM (4044 views)

[+] e&o insurance - PAM DESMARAIS/NC (1 reply)
5/1/2006 2:13:03 PM (2892 views)

[+] In ignorance we trust . . . - Michaela Urban/OH (21 replies)
5/1/2006 10:58:37 AM (3025 views)

[+] Another Dumb Question... - Scott Perry/PA (4 replies)
4/30/2006 2:07:16 PM (2963 views)

[+] prices - PAM DESMARAIS/NC (8 replies)
4/28/2006 8:31:08 PM (3012 views)




[-] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3191 views)
Re: Outsource to India??????? - George Booth/OH
4/26/2006 11:35:37 PM (4452 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 7:51:51 AM (4368 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:27:16 AM (4336 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:36:45 AM (4334 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 1:43:24 PM (4351 views)
Re: Outsource to India??????? - Wendi See/SC
4/27/2006 11:57:09 AM (4345 views)
Re: Outsource to India and Phillipines - Jeanne Johnson/FL
4/29/2006 10:40:16 PM (4460 views)

As we can all see from SOT's "Continued Revenue from Offshore Expansions" article this week,  First American (and others) are posting and back- posting title plants overseas. At some point, local title plants may be obsolete. And, counties are putting their records online, which are being posted overseas.  For example, the County's official record title plant in St. Paul, Minnesota is now being posted in the Phillipines. It is a matter of economics, I hear. No one seems concerned about the quality of the work. The only concern is the cost of posting the work, not the cost of problems because of shoddy title plant work.

I believe, similar to what George is saying,  that the title industry is rapidly taking on a casualty approach, where they won't bother to do a thorough (and expensive) search, but will deal with problems on an as-needed (i.e. when caught with a problem) basis. When a problem is found, they can just "write over" the problem again and again, until it takes care of itself in most cases by a statutory time frame.  

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Re: Outsource to India and Phillipines - STEVE MEINECKE/VA
5/1/2006 12:02:34 PM (4365 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2881 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (4011 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3474 views)

[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (4006 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2913 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2827 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4325 views)

[+] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (3022 views)

[+] Venting about no finds - Deborah Manion/VA (20 replies)
4/13/2006 9:08:47 AM (3063 views)


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