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My Article was Published in FortBendNow News - Lisa Ramsey/TX
3/1/2006 12:19:58 PM (3403 views)
Re: My Article was Published in FortBendNow News - Barbara Bennett/IN
3/1/2006 4:51:51 PM (2978 views)
Re: My Article was Published in FortBendNow News - Lisa Ramsey/TX
3/1/2006 6:54:13 PM (3047 views)
Re: My Article was Published in FortBendNow News - Jay Duncan/MO
3/1/2006 6:57:54 PM (3013 views)
Re: My Article was Published in FortBendNow News - Scott Perry/PA
3/1/2006 11:15:35 PM (2971 views)

Just Too Good Not to Share - Lisa Ramsey/TX
3/1/2006 12:16:57 PM (1794 views)

Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
2/28/2006 11:10:27 PM (2107 views)
Re: Is the industry really threatened? This may help some of you.... - Scott Perry/PA
3/1/2006 12:00:33 AM (2871 views)
Re: Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
3/1/2006 9:14:09 AM (2822 views)
Re: Is the industry really threatened? This may help some of you.... - L ROLAND/CA
3/1/2006 12:47:07 PM (2734 views)
Re: Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
3/1/2006 4:40:14 PM (2949 views)

Looks as though others in the industry are feeling threatened... - Jarrod Clabaugh/OH
2/28/2006 4:20:42 PM (3515 views)
Re: Looks as though others in the industry are feeling threatened... - Robert Breakell/CT
2/28/2006 5:50:30 PM (3118 views)

A New Low for Scammers - Jay Duncan/MO
2/28/2006 1:08:09 PM (2275 views)
Re: A New Low for Scammers - Jason Sheppard/PA
2/28/2006 1:10:49 PM (2909 views)
Re: A New Low for Scammers - George Booth/OH
2/28/2006 1:24:49 PM (2962 views)




Just a thought - Kevin Ahern/CT
2/28/2006 11:39:18 AM (2174 views)
Re: Just a thought - James "Lin" Toney/MS
2/28/2006 12:24:59 PM (2841 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 12:27:48 PM (2839 views)
Re: Just a thought - Robert Franco/OH
2/28/2006 12:33:02 PM (3001 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 12:40:00 PM (3020 views)
Re: Just a thought - James "Lin" Toney/MS
2/28/2006 12:55:46 PM (3099 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 1:00:17 PM (2880 views)

Clear Choice Abstracts - Sandra Morton/KS
2/27/2006 4:07:57 PM (2490 views)
Re: Clear Choice Abstracts - J Nisonger/CA
2/27/2006 8:14:26 PM (3079 views)
Re: Clear Choice Abstracts - Sandra Morton/KS
2/27/2006 8:46:29 PM (3328 views)
Re: Clear Choice Abstracts - Langdon Knight/MO
2/28/2006 12:19:26 AM (3075 views)
Re: Clear Choice Abstracts - Edward Huguenin/SC
3/18/2008 11:30:12 AM (2965 views)

A Post That Many of You Won't Like - Jason Sheppard/PA
2/25/2006 6:22:18 PM (3715 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
2/25/2006 7:11:26 PM (2787 views)
Re: A Post That Many of You Won't Like - James "Lin" Toney/MS
2/25/2006 7:36:11 PM (2822 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/26/2006 6:45:16 AM (3000 views)
Re: A Post That Many of You Won't Like - James "Lin" Toney/MS
2/26/2006 8:25:34 AM (2730 views)
Re: A Post That Many of You Won't Like - Loretta Reed/MD
2/26/2006 10:02:32 AM (2787 views)
Re: A Post That Many of You Won't Like - STEVE MEINECKE/VA
2/26/2006 12:50:42 PM (2780 views)
Re: A Post That Many of You Won't Like - Loretta Reed/MD
2/26/2006 1:16:55 PM (2783 views)
Re: A Post That Many of You Won't Like - STEVE MEINECKE/VA
2/26/2006 1:25:12 PM (2881 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 7:54:19 AM (2864 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 9:13:53 AM (2781 views)

Jason,

I really think it has gone past the point of brainstorming.  Abstracting has become a dying occupation. The major title insurers and title/escrow companies which are able to outsource or rely on electronic title plants have already written the abstractor off. Many of them have huge libraries of backtitles that they need only update, and if they can accomplish this through cheap labor in India and availability of online records they will do so. Look at First American's stated intent to aggresively outsource to their Indian operation. The wisdom of this seems odd in view of this month's claims chronicle disaster in which it had to pay a huge claim resulting from an error in retrieving information from an electronic title plant, but that does not seem to dampen their fervor. The work assigned to abstractors will be relegated to performing searches of properties for which there is no backtitle or for which their is no online information, and as soon as the abstractor completes the search the client will have the backtitle for future use. As it becomes possible the image the documents on line, assignments for document retrieval will also become less. Essentially the abstractors will wind up struggling among themselves for an ever declining volume of crumbs. Prices and volume of work will decline accordingly.

With respect to those companies that do not have the ability to outsource or use title plants, there may be some that deal equitably with the abstractors, but as we have already seen there are many which abstractors will have to chase for payment. The outlook for the occupation is not good.

Attempts have been made at brainstorming over the past eighteen months. It generated little interest. Naltea even tried to generate interest in increasing its membership to improve the situation, but I am left with the impression that there has been difficulty. There appear to to be two main reasons for the lack of interest...apathy and financial hardship. Those abstractors that have not yet experienced the problems created by outsourcing and electronic title plants have maintained a comfortable position, and see no reason to make any change in the status quo. In time however, the problems will become industry wide and engulf them also. The other side of the coin are those abstractors that are losing business to this system, and do not have the financial ability to participate in any remedial action.

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Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 9:58:11 AM (2685 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/27/2006 10:33:25 AM (2667 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/27/2006 10:45:25 AM (2661 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 10:50:39 AM (2672 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
2/27/2006 11:16:58 AM (2760 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 11:25:47 AM (2681 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 11:19:56 AM (2686 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 5:31:37 PM (2615 views)
Re: A Post That Many of You Won't Like - Ellen Malloy/MO
2/27/2006 12:11:27 PM (2590 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 12:28:09 PM (2693 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 1:41:56 PM (2778 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/28/2006 1:51:42 PM (2644 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/28/2006 2:01:06 PM (2800 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 2:11:36 PM (3015 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 3:32:28 PM (2702 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/28/2006 3:42:18 PM (2616 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 4:26:23 PM (2585 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/28/2006 4:38:05 PM (2557 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 4:51:52 PM (2592 views)
Re: A Post That Many of You Won't Like - Robert Breakell/CT
2/28/2006 6:20:25 PM (2635 views)
Re: A Post That Many of You Won't Like - Lisa Ramsey/TX
2/28/2006 6:26:00 PM (2495 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 7:19:46 PM (2363 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 6:45:22 PM (2607 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
3/1/2006 7:16:08 AM (2451 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
3/1/2006 10:46:02 AM (2378 views)
Re: A Post That Many of You Won't Like - Ellen Malloy/MO
3/1/2006 9:50:23 AM (2305 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/1/2006 11:07:03 AM (2296 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/4/2006 5:56:33 PM (2317 views)
Re: A Post That Many of You Won't Like - George Booth/OH
3/7/2006 11:43:56 AM (2387 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/7/2006 12:27:51 PM (2361 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/7/2006 1:27:23 PM (2337 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/7/2006 6:25:07 PM (2207 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
3/7/2006 7:57:51 PM (2252 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/7/2006 11:00:40 PM (2452 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
3/7/2006 11:34:02 PM (2164 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
3/8/2006 11:18:12 AM (2236 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/8/2006 12:16:45 PM (2169 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
3/8/2006 12:38:28 PM (2331 views)
Re: A Post That Many of You Won't Like - George Booth/OH
3/9/2006 7:49:05 PM (2208 views)

DOES ANYONE KNOW ABSTRACT, USA - Angelica Schneider/IN
2/24/2006 7:38:33 PM (2276 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/25/2006 10:40:38 AM (2678 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/26/2006 9:00:04 AM (4337 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Angelica Schneider/IN
2/28/2006 6:15:09 PM (2790 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/28/2006 6:32:59 PM (2706 views)

NE REAL ESTATE SERVICES - Paul Hughes/RI
2/24/2006 5:06:01 PM (1778 views)

www.naltea.org will be moving also - Jay Duncan/MO
2/24/2006 3:27:15 PM (1750 views)

sourceoftitle.com being moved to new servers - Slade Smith/OH
2/24/2006 2:49:44 PM (1771 views)

In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 10:07:46 AM (3382 views)
Re: In Response to My Name and TruClose - Robert Franco/OH
2/24/2006 10:42:23 AM (2748 views)
Re: In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 10:48:42 AM (2951 views)
Re: In Response to My Name and TruClose - Robert Franco/OH
2/24/2006 11:43:26 AM (2802 views)
Re: In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 12:32:12 PM (4558 views)

It's Just Too Bad - J.T. Shoemaker/NY
2/23/2006 10:24:07 PM (2404 views)
Re: It's Just Too Bad - Tammy Knight/MO
2/24/2006 12:22:14 AM (2784 views)
Re: It's Just Too Bad - Kevin Ahern/CT
2/24/2006 5:51:26 AM (2819 views)
Re: It's Just Too Bad - Scott Perry/PA
2/24/2006 7:14:10 AM (2844 views)
The Gospel According To J. T. - Scott Perry/PA
2/24/2006 8:14:45 AM (2762 views)
Re: The Gospel According To J. T. - Kevin Ahern/CT
2/24/2006 8:23:11 AM (2706 views)
Re: The Gospel According To J. T. - Scott Perry/PA
2/24/2006 8:28:52 AM (2700 views)
Re: The Gospel According To J. T. - Kevin Ahern/CT
2/24/2006 8:37:40 AM (2743 views)
Re: The Gospel According To J. T. - Scott Perry/PA
2/24/2006 8:42:15 AM (2709 views)
Re: The Gospel According To J. T. - Kevin Ahern/CT
2/24/2006 8:46:27 AM (2737 views)
Re: The Gospel According To J. T. - Scott Perry/PA
2/24/2006 4:51:59 PM (2810 views)
Re: It's Just Too Bad - Scott Perry/PA
2/24/2006 6:26:04 PM (2696 views)
Re: It's Just Too Bad - Robert Breakell/CT
2/24/2006 7:20:35 PM (2693 views)
Re: It's Just Too Bad - Scott Perry/PA
2/24/2006 7:41:48 PM (2651 views)
Re: It's Just Too Bad - Robert Breakell/CT
2/24/2006 7:56:12 PM (2731 views)
Re: It's Just Too Bad - Scott Perry/PA
2/24/2006 8:25:28 PM (2722 views)
Re: It's Just Too Bad - J Nisonger/CA
2/27/2006 8:33:59 PM (2755 views)

Calling all desperate abstractors - Wendi See/SC
2/23/2006 6:13:53 PM (3684 views)
Re: Calling all desperate abstractors - Ricky Farrow/FL
2/23/2006 7:25:51 PM (2716 views)
Re: Calling all desperate abstractors - Robert Franco/OH
2/23/2006 9:52:17 PM (2855 views)
Re: Calling all desperate abstractors - Scott Perry/PA
2/23/2006 10:07:09 PM (2890 views)
Re: Calling all desperate abstractors - Kevin Ahern/CT
2/24/2006 6:54:29 AM (2788 views)
Re: Calling all desperate abstractors - George Booth/OH
2/25/2006 12:05:54 PM (2769 views)
Re: Calling all desperate abstractors - J Nisonger/CA
2/25/2006 2:42:15 PM (2715 views)
Re: Calling all desperate abstractors - Wendi See/SC
2/26/2006 12:09:24 AM (2623 views)
Re: Calling all desperate abstractors - J Nisonger/CA
2/26/2006 10:01:47 PM (2812 views)
Re: Calling all desperate abstractors - Jason Sheppard/PA
2/27/2006 10:52:49 AM (2723 views)
Re: Calling all desperate abstractors - James "Lin" Toney/MS
2/28/2006 12:39:15 PM (2716 views)
Re: Calling all desperate abstractors - Kevin Ahern/CT
2/28/2006 12:44:39 PM (2621 views)
Re: Calling all desperate abstractors - James "Lin" Toney/MS
2/28/2006 1:24:04 PM (2641 views)
Re: Calling all desperate abstractors - Debbie Thibodeaux/LA
2/28/2006 2:19:57 PM (2754 views)
Re: Calling all desperate abstractors - James "Lin" Toney/MS
2/28/2006 4:13:02 PM (2694 views)
Re: Calling all desperate abstractors - Jason Sheppard/PA
2/28/2006 1:16:39 PM (2547 views)
Re: Calling all desperate abstractors - Lynn Hammett/SC
2/27/2006 6:11:28 PM (2540 views)
Re: Calling all desperate abstractors - Kevin Ahern/CT
3/1/2006 8:37:46 AM (2680 views)


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