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[+] House committee on Title Insurance - STEVE MEINECKE/VA (4 replies)
5/2/2006 4:13:45 PM (4060 views)

[+] e&o insurance - PAM DESMARAIS/NC (1 reply)
5/1/2006 2:13:03 PM (2904 views)

[+] In ignorance we trust . . . - Michaela Urban/OH (21 replies)
5/1/2006 10:58:37 AM (3036 views)

[+] Another Dumb Question... - Scott Perry/PA (4 replies)
4/30/2006 2:07:16 PM (2974 views)

[+] prices - PAM DESMARAIS/NC (8 replies)
4/28/2006 8:31:08 PM (3024 views)




[-] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3198 views)
Re: Outsource to India??????? - George Booth/OH
4/26/2006 11:35:37 PM (4474 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 7:51:51 AM (4386 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:27:16 AM (4357 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:36:45 AM (4353 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 1:43:24 PM (4370 views)
Re: Outsource to India??????? - Wendi See/SC
4/27/2006 11:57:09 AM (4363 views)
Re: Outsource to India and Phillipines - Jeanne Johnson/FL
4/29/2006 10:40:16 PM (4491 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 (4395 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2893 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (4015 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3483 views)

[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (4016 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2914 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2830 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4329 views)

[+] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (3024 views)

[+] Venting about no finds - Deborah Manion/VA (20 replies)
4/13/2006 9:08:47 AM (3079 views)


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