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[-] E & O Insurance - Michael Frank/TX (6 replies)
6/14/2005 12:35:15 PM (2923 views)
Re: E & O Insurance - Robert Franco/OH
6/14/2005 12:44:36 PM (4221 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 2:50:32 PM (3847 views)
Re: E & O Insurance - Jay Duncan/MO
6/14/2005 4:35:11 PM (3845 views)
Re: E & O Insurance - Michael Frank/TX
6/14/2005 5:53:23 PM (3878 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 6:19:11 PM (4177 views)
Re: E & O Insurance - Anne Gilbert/VT
6/19/2005 7:12:41 AM (3720 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 (2822 views)

[+] Yahoo! - monica froese/ME (1 reply)
6/13/2005 6:02:26 PM (2742 views)

[+] NALTEA Issues - Robert Franco/OH (16 replies)
6/13/2005 12:35:36 PM (2836 views)

[+] Jarrod, how about us? - Anne Gilbert/VT (1 reply)
6/12/2005 10:40:54 AM (2665 views)




[+] Mtg scammers in jail - Danielle Nelson/WI (1 reply)
6/10/2005 4:09:09 PM (3202 views)

[+] Judge Orders Deeds Taken Offline - David Bloys/TX (2 replies)
6/10/2005 10:07:35 AM (3963 views)

NALTEA Conference - Robert Franco/OH
6/9/2005 11:55:14 PM (2241 views)

[+] Recordings - Danielle Nelson/WI (1 reply)
6/9/2005 11:23:58 AM (2608 views)

MO. bill will shut down online images - David Bloys/TX
6/9/2005 8:19:36 AM (3628 views)

[+] 2005 Vendor Manager Report - David Bloys/TX (18 replies)
6/8/2005 1:55:30 PM (2815 views)

[+] New article on VMC - Shannon Blatt/VA (1 reply)
6/8/2005 1:52:57 PM (2746 views)

[+] commercial search fee - Julie Jasiunas/WI (15 replies)
6/7/2005 1:23:23 PM (2731 views)

[+] WONDER WHAT WOULD HAPPEN IF... - Scott Perry/PA (17 replies)
6/6/2005 9:53:46 PM (2805 views)

[+] Unreasonable Client Expectations? - Kevin Ahern/CT (20 replies)
6/6/2005 1:09:35 PM (2708 views)


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