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[+] HUD To Officially Annouce RESPA Reform - Jason Sheppard/PA (2 replies)
6/16/2005 11:33:20 AM (2532 views)

[+] E & O Insurance - Kurt deVries/FL (6 replies)
6/16/2005 10:43:02 AM (2484 views)

[+] vendor manager survey numbers - Kim Haase/MT (14 replies)
6/15/2005 12:35:50 PM (2663 views)

[+] NALTEA Social Event - Robert Franco/OH (4 replies)
6/15/2005 10:27:03 AM (3718 views)

[+] ATTENTION VENDOR MANAGERS!!! - Jay Duncan/MO (28 replies)
6/14/2005 4:39:33 PM (2792 views)




[+] Value America - Wanda Steudel/OH (4 replies)
6/14/2005 1:33:45 PM (3701 views)

[-] E & O Insurance - Michael Frank/TX (6 replies)
6/14/2005 12:35:15 PM (2840 views)
Re: E & O Insurance - Robert Franco/OH
6/14/2005 12:44:36 PM (4013 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 2:50:32 PM (3662 views)
Re: E & O Insurance - Jay Duncan/MO
6/14/2005 4:35:11 PM (3653 views)
Re: E & O Insurance - Michael Frank/TX
6/14/2005 5:53:23 PM (3699 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 6:19:11 PM (3963 views)
Re: E & O Insurance - Anne Gilbert/VT
6/19/2005 7:12:41 AM (3516 views)

I keep hoping that there will be fewer vendor managers.  Here in Vermont we have precious few title abstractors to cover the entire state, and literally hundreds of VMs. Most VMs send us anywhere from one search a month to one search a year.  They still expect instantaneous turnaround time and hassle us as to price.  To my way of thinking, there are way too many VMs in this world.  They are going to compete themselves out of business, and what will be left  are the title abstractors who are doing the original research that can't be done any other way.  We can hand off our research to pretty much any VM, their value-added contribution is sheer paper-pushing.

Not to mention a big concern of mine, which is what VMs do with our research once they get it.  We frequently find ineffective mortgage satisfactions in our Land Records. We frequently find poorly drafted deeds and legal descriptions.  Although we report these matters, it doesn't appear that the VM companies always move to clear the clouded title issues, nor does it appear that the VMs utilize Vermont legal counsel when they attempt fixes.

I carry E&O, lots of it.  My reasons are double: first to protect myself from my own mistakes and those of my town clerks, and second to protect myself from the VMs.

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[+] Houston Texas- Harris, Fort Bend county - Cathy/TX (1 reply)
6/13/2005 6:25:10 PM (2727 views)

[+] Yahoo! - monica froese/ME (1 reply)
6/13/2005 6:02:26 PM (2687 views)

[+] NALTEA Issues - Robert Franco/OH (16 replies)
6/13/2005 12:35:36 PM (2761 views)

[+] Jarrod, how about us? - Anne Gilbert/VT (1 reply)
6/12/2005 10:40:54 AM (2590 views)

[+] Mtg scammers in jail - Danielle Nelson/WI (1 reply)
6/10/2005 4:09:09 PM (3109 views)

[+] Judge Orders Deeds Taken Offline - David Bloys/TX (2 replies)
6/10/2005 10:07:35 AM (3887 views)

NALTEA Conference - Robert Franco/OH
6/9/2005 11:55:14 PM (2172 views)

[+] Recordings - Danielle Nelson/WI (1 reply)
6/9/2005 11:23:58 AM (2555 views)


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