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One more question???? - J Nisonger/CA
5/4/2006 5:38:29 PM (3078 views)
Re: One more question???? - George Booth/OH
5/4/2006 5:52:31 PM (4346 views)
Re: One more question???? - Loretta Reed/MD
5/5/2006 10:04:53 AM (4200 views)
Re: One more question???? - Lisa Ramsey/TX
5/5/2006 10:28:22 AM (4091 views)
Re: One more question???? - Deborah Manion/VA
5/5/2006 11:37:31 AM (4194 views)
Re: One more question???? - George Booth/OH
5/5/2006 12:47:02 PM (4175 views)
Re: One more question????..I'm going to rant - Loretta Reed/MD
5/6/2006 11:19:35 AM (4182 views)
Re: One more question????..I'm going to rant - Lisa Ramsey/TX
5/6/2006 11:30:10 AM (4210 views)
Re: One more question????.. - STEVE MEINECKE/VA
5/6/2006 1:24:06 PM (4041 views)
Re: One more question???? - Robert Franco/OH
5/5/2006 2:54:03 PM (4089 views)
Re: One more question???? - Lisa Ramsey/TX
5/6/2006 10:36:56 AM (4149 views)
Re: One more question???? - Scott Perry/PA
5/6/2006 12:18:54 PM (4122 views)
Re: One more question???? - Robert Breakell/CT
5/7/2006 10:15:35 AM (3938 views)
Re: One more question???? - J Nisonger/CA
5/7/2006 9:26:31 PM (3875 views)
Re: One more question???? - Gail Frey/CT
5/7/2006 9:53:05 PM (4256 views)
Re: One more question???? - Scott Perry/PA
5/7/2006 10:19:27 PM (3928 views)
Re: One more question???? - Jean Lurtsema/AK
5/8/2006 1:18:07 PM (4042 views)
Re: One more question???? - Anne Gilbert/VT
5/8/2006 6:53:39 AM (4057 views)
Re: One more question???? - Jean Lurtsema/AK
5/8/2006 12:36:18 PM (4021 views)
Re: One more question???? - Lori Cassidy/CT
5/15/2006 6:25:49 PM (3791 views)
Re: One more question???? - J Nisonger/CA
5/19/2006 10:14:27 PM (3688 views)

National Funding Services Inc - J Nisonger/CA
5/4/2006 5:18:36 PM (2680 views)
Re: National Funding Services Inc - Anne Gilbert/VT
5/8/2006 6:57:21 AM (3882 views)
Re: National Funding Services Inc - J Nisonger/CA
5/8/2006 3:01:23 PM (3906 views)

Another One Bites The Dust - Franklin Land Title - Jay Duncan/MO
5/4/2006 11:23:26 AM (2700 views)
Re: Another One Bites The Dust - Franklin Land Title - Angelica Schneider/IN
5/5/2006 6:01:20 PM (4313 views)
Re: Another One Bites The Dust - Franklin Land Title - Jay Duncan/MO
5/6/2006 3:01:47 PM (3851 views)

National Funding Services Inc - J Nisonger/CA
5/4/2006 10:25:21 AM (2745 views)
Re: National Funding Services Inc - Angelica Schneider/IN
5/5/2006 6:02:52 PM (4051 views)
Re: National Funding Services Inc - J Nisonger/CA
5/7/2006 9:30:05 PM (3825 views)
Re: National Funding Services Inc - Angelica Schneider/IN
5/8/2006 6:14:14 PM (3740 views)
Re: National Funding Services Inc - Jay Duncan/MO
5/8/2006 6:16:42 PM (3823 views)
Re: National Funding Services Inc - J Nisonger/CA
5/8/2006 6:44:10 PM (3814 views)
Re: National Funding Services Inc - Jay Duncan/MO
5/8/2006 8:50:51 PM (4015 views)

Just returned from the ALTA Tech Forum - George Booth/OH
5/3/2006 11:04:59 PM (2802 views)
Re: Just returned from the ALTA Tech Forum - Scott Perry/PA
5/4/2006 7:07:40 AM (4226 views)
Re: Just returned from the ALTA Tech Forum - Lisa Ramsey/TX
5/4/2006 11:21:11 AM (4221 views)
Re: Just returned from the ALTA Tech Forum - Vikki Moffitt/GA
5/4/2006 7:16:26 AM (4107 views)
Re: Just returned from the ALTA Tech Forum - George Booth/OH
5/4/2006 11:21:44 AM (4021 views)
Re: Just returned from the ALTA Tech Forum - Vikki Moffitt/GA
5/4/2006 12:38:45 PM (4128 views)
Re: Just returned from the ALTA Tech Forum - Scott Perry/PA
5/4/2006 8:51:26 PM (4074 views)
Re: Just returned from the ALTA Tech Forum - David Bloys/TX
5/4/2006 9:14:51 PM (4266 views)
Re: Just returned from the ALTA Tech Forum - Ricky Farrow/FL
5/7/2006 7:08:21 PM (4106 views)
Re: Just returned from the ALTA Tech Forum - STEVE MEINECKE/VA
5/7/2006 10:00:24 PM (3983 views)




Need Info Please - Norean/GA
5/3/2006 6:39:22 PM (2788 views)
Re: Need Info Please - Angelica Schneider/IN
5/3/2006 9:14:33 PM (4492 views)
Re: Need Info Please - Norean/GA
5/3/2006 9:54:51 PM (4194 views)
Re: Need Info Please - Jay Duncan/MO
5/4/2006 8:29:11 AM (4017 views)
Re: Need Info Please - Angelica Schneider/IN
5/5/2006 6:03:49 PM (3759 views)

A Father's Heart Speaks Out - Jay Duncan/MO
5/3/2006 3:43:28 PM (2592 views)
Re: A Father's Heart Speaks Out - Scott Perry/PA
5/3/2006 4:02:28 PM (3781 views)
Re: A Father's Heart Speaks Out - Norean/GA
5/3/2006 4:54:54 PM (3801 views)
Re: A Father's Heart Speaks Out - Kurt deVries/FL
5/3/2006 10:10:22 PM (3699 views)
Re: A Father's Heart Speaks Out - Lisa Ramsey/TX
5/4/2006 11:24:57 AM (3628 views)
Re: A Father's Heart Speaks Out - Danielle Nelson/WI
5/5/2006 3:36:36 PM (3572 views)

WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/2/2006 4:46:19 PM (2865 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kurt deVries/FL
5/2/2006 10:42:16 PM (3816 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kevin Ahern/CT
5/3/2006 8:46:26 AM (3801 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/3/2006 4:57:21 PM (4206 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - monica froese/ME
5/3/2006 6:54:24 PM (4018 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/3/2006 8:09:35 PM (4129 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Angelica Schneider/IN
5/3/2006 9:13:02 PM (4064 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/3/2006 9:15:12 PM (3867 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Robert Franco/OH
5/4/2006 3:09:32 PM (3695 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/4/2006 4:43:10 PM (3945 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Robert Franco/OH
5/7/2006 3:35:06 PM (3764 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Angelica Schneider/IN
5/5/2006 6:07:14 PM (3640 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kevin Ahern/CT
5/4/2006 1:29:23 PM (3653 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/4/2006 5:35:38 PM (3986 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kurt deVries/FL
5/5/2006 10:16:38 AM (3601 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/5/2006 5:02:11 PM (3551 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Angelica Schneider/IN
5/3/2006 9:10:44 PM (3993 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kurt deVries/FL
5/3/2006 10:04:37 PM (3776 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Scott Perry/PA
5/3/2006 10:35:45 PM (3739 views)
Re: WARNING!!! OFF-TOPIC POST!!! READ AT YOUR OWN RISK!!!! - Kurt deVries/FL
5/4/2006 10:35:39 AM (3531 views)

House committee on Title Insurance - STEVE MEINECKE/VA
5/2/2006 4:13:45 PM (3691 views)
Re: House committee on Title Insurance - Patrick Scott/IL
5/2/2006 5:44:27 PM (3729 views)
Re: House committee on Title Insurance - Jeanne Johnson/FL
5/2/2006 7:02:19 PM (3702 views)

My two cents:   The GOA article, as a whole is excellent reading,but points our how truly misunderstood titleinsurance is. It is not reasonable for anyone to compare Title Insurance premiums  to Property and Casualty premiums. P&C companies pay claims based on uncontrollable future  losses such as hurricanes. Title claims can be controlled, as they cover past events. Also, Unlike P&C where you pay insurance every year, title premiums are only paid once, and the policy lasts as long as the mortgage or ownership interest lasts. The products are totally different. (Although I believe the industry is moving in that direction because of the lack of concern over the quality of abstracting and examining.)

 
    Title Insurance used to be a thorough search of public records, with most time and effort spent unearthing and fixing problems that have been identified - unpaid taxes, missing releases of mortgages that were paid off when refinanced, but never released by the lender, unpaid Federal Tax Liens, and hundreds of other items. It has been very important to the mortgage industry and the consumer that title companies deal with these issues.
 
 The GAO report to Congressman Oxley has a lot of meat. There certainly are areas that I, as a consumer and consultant to title insurers, believe Agents, Underwriters and Regulators should  look at:
  •     Regulation varies significantly from state to state. In many cases there is NO OVERSIGHT.
  • Little or no effort exists to co-ordinate between various Federal, State, and local regulators (Insurance Commissioners, HUD, RESPA, Attorney's General, FNMA, FHLMC, etc.) Clear and consistent oversight and rules would be in the best interest of consumers, title insurers and agents. No one seems to be in charge.
  • Some Title Insurance Underwriters have given away the store, signing virtually any agent that  brings business, without regard to whom  they are signing as an agent. Just type "title insurance fraud" in any search engine and it's clear. Numerous title agencies all over the US are being charged with misappropriation of funds, fraud and sham title operations. Perhaps not all, but certainly some of the major title underwriters are encouraging unfair and unethical business practices by not disclosing relevant information as the relationship between the lender, builder, real estate agent, closer, etc.  
  • Premium "splits" between large Agents and Underwriters in some instances are outrageous. It is only fair that there is accountability on these issues to the consumers as well as  the stockholders of these large underwriters.  
  •  Other issues pertaining to many inflated settlement fees, should also be addressed. For example, a title company may charge a $30 delivery fee for a courier to deliver a mortgage payoff, when their out of pocket expense is perhaps $10. They pocket the difference,  is that a "reasonable difference" and should "mark-up" of fees not be disclosed?
  • Other issues - referral fees and "inducements" to do business with a particular company, although in violation of RESPA, occur in many, if not most, transactions with no effort to disclose the information.
  • There certainly are weaknesses in the Affiliated Business Arrangements, and I believe the GAO will uncover a host of embarrassing issues, and cause much distress for the Title Industry before they are through. It may be a wake up call.  
 
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Re: House committee on Title Insurance - Scott Perry/PA
5/2/2006 7:13:30 PM (3760 views)
Re: House committee on Title Insurance - STEVE MEINECKE/VA
5/2/2006 7:04:16 PM (3752 views)

e&o insurance - PAM DESMARAIS/NC
5/1/2006 2:13:03 PM (2601 views)
Re: e&o insurance - Russ Frye/GA
5/3/2006 11:05:50 PM (3452 views)

In ignorance we trust . . . - Michaela Urban/OH
5/1/2006 10:58:37 AM (2719 views)
Re: In ignorance we trust . . . - Patrick Scott/IL
5/1/2006 11:48:47 AM (3831 views)
Re: In ignorance we trust . . . - Kevin Ahern/CT
5/1/2006 12:12:52 PM (3798 views)
Re: In ignorance we trust . . . - Patrick Scott/IL
5/1/2006 1:19:15 PM (3789 views)
Re: In ignorance we trust . . . - Kevin Ahern/CT
5/1/2006 1:41:38 PM (3762 views)
Re: In ignorance we trust . . . - Robert Franco/OH
5/1/2006 1:44:46 PM (3831 views)
Re: In ignorance we trust . . . - Michaela Urban/OH
5/3/2006 7:49:58 AM (3605 views)
Re: In ignorance we trust . . . - Kevin Ahern/CT
5/3/2006 8:39:31 AM (3494 views)
Re: In ignorance we trust . . . - Scott Perry/PA
5/1/2006 5:36:43 PM (3684 views)
Re: In ignorance we trust . . . - Kurt deVries/FL
5/1/2006 7:33:55 PM (3660 views)
Re: In ignorance we trust . . . - Kevin Ahern/CT
5/2/2006 8:56:10 AM (3577 views)
Re: In ignorance we trust . . . - Scott Perry/PA
5/2/2006 4:47:45 PM (3669 views)
Re: In ignorance we trust . . . - Angelica Schneider/IN
5/2/2006 1:56:07 PM (3682 views)
Re: In ignorance we trust . . . - Robert Franco/OH
5/2/2006 2:07:29 PM (3772 views)
Re: In ignorance we trust . . . - Scott Perry/PA
5/2/2006 7:57:18 PM (3658 views)
Re: In ignorance we trust . . . - Robert Franco/OH
5/1/2006 1:26:50 PM (3639 views)
Re: In ignorance we trust . . . - David Bloys/TX
5/2/2006 12:15:46 AM (3577 views)
Re: In ignorance we trust . . . - J Nisonger/CA
5/2/2006 9:29:24 PM (3730 views)
Re: In ignorance we trust . . . - Scott Perry/PA
5/2/2006 9:41:12 PM (3643 views)
Re: In ignorance we trust . . . - Michaela Urban/OH
5/3/2006 7:55:40 AM (3438 views)
Re: In ignorance we trust . . . - J Nisonger/CA
5/1/2006 9:37:19 PM (3478 views)
Re: In ignorance we trust . . . - Vikki Moffitt/GA
5/1/2006 2:22:03 PM (3672 views)

Another Dumb Question... - Scott Perry/PA
4/30/2006 2:07:16 PM (2671 views)
Re: Another Dumb Question... - Douglas Gallant/OH
4/30/2006 4:33:22 PM (3657 views)
Re: Another Dumb Question... - Julie Jasiunas/WI
5/1/2006 9:31:11 AM (3569 views)
Re: Another Dumb Question... - Michaela Urban/OH
5/1/2006 10:38:05 AM (3560 views)
Re: Another Dumb Question... - Robert Franco/OH
5/1/2006 10:42:31 AM (3696 views)

prices - PAM DESMARAIS/NC
4/28/2006 8:31:08 PM (2719 views)
Re: prices - STEVE MEINECKE/VA
4/28/2006 9:07:13 PM (3477 views)
Re: prices - Robert Breakell/CT
4/29/2006 11:21:30 AM (3442 views)
Re: prices - J Nisonger/CA
4/29/2006 12:00:19 PM (3491 views)
Re: prices - Vikki Moffitt/GA
4/29/2006 4:59:40 PM (3508 views)
Re: prices - Norean/GA
5/1/2006 7:13:07 PM (3466 views)
Re: prices - terry sutton/CT
5/3/2006 11:46:27 PM (3265 views)
Re: prices - Jan Forster/NC
5/4/2006 12:14:00 AM (3391 views)
Re: prices - STEVE MEINECKE/VA
5/4/2006 10:09:10 AM (3236 views)

Outsource to India??????? - Kevin Ahern/CT
4/26/2006 3:58:35 PM (2854 views)
Re: Outsource to India??????? - George Booth/OH
4/26/2006 11:35:37 PM (3552 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 7:51:51 AM (3512 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:27:16 AM (3462 views)
Re: Outsource to India??????? - George Booth/OH
4/27/2006 9:36:45 AM (3428 views)
Re: Outsource to India??????? - Kevin Ahern/CT
4/27/2006 1:43:24 PM (3435 views)
Re: Outsource to India??????? - Wendi See/SC
4/27/2006 11:57:09 AM (3465 views)
Re: Outsource to India and Phillipines - Jeanne Johnson/FL
4/29/2006 10:40:16 PM (3530 views)
Re: Outsource to India and Phillipines - STEVE MEINECKE/VA
5/1/2006 12:02:34 PM (3407 views)

How do I setup in NJ - Mike/PA
4/24/2006 2:11:35 PM (2596 views)
Re: How do I setup in NJ - Kurt deVries/FL
4/26/2006 1:11:38 PM (3239 views)


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