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[+] Thanks for the E & O info - Kurt deVries/FL (3 replies)
6/20/2005 3:22:07 PM (2549 views)

[+] Closing Company out of business? - Jen McClosky/OH (1 reply)
6/20/2005 1:57:34 PM (2502 views)

[+] QUESTION FOR VM'S: HOW MANY OF YOU... - Scott Perry/PA (10 replies)
6/18/2005 8:33:42 PM (2714 views)

NALTEA conference/newsletter - Douglas Gallant/OH
6/17/2005 6:11:09 PM (2023 views)

D&S abstracting in Indiana - Michael Frank/TX
6/17/2005 3:36:33 PM (2256 views)




[+] Titlesearch USA?????????? - Tammy Knight/MO (12 replies)
6/16/2005 9:44:29 PM (2628 views)

[+] HUD To Officially Annouce RESPA Reform - Jason Sheppard/PA (2 replies)
6/16/2005 11:33:20 AM (2441 views)

[+] E & O Insurance - Kurt deVries/FL (6 replies)
6/16/2005 10:43:02 AM (2391 views)

[+] vendor manager survey numbers - Kim Haase/MT (14 replies)
6/15/2005 12:35:50 PM (2577 views)

[+] NALTEA Social Event - Robert Franco/OH (4 replies)
6/15/2005 10:27:03 AM (3600 views)

[+] ATTENTION VENDOR MANAGERS!!! - Jay Duncan/MO (28 replies)
6/14/2005 4:39:33 PM (2709 views)

[+] Value America - Wanda Steudel/OH (4 replies)
6/14/2005 1:33:45 PM (3608 views)

[-] E & O Insurance - Michael Frank/TX (6 replies)
6/14/2005 12:35:15 PM (2740 views)
Re: E & O Insurance - Robert Franco/OH
6/14/2005 12:44:36 PM (3774 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 2:50:32 PM (3435 views)
Re: E & O Insurance - Jay Duncan/MO
6/14/2005 4:35:11 PM (3400 views)
Re: E & O Insurance - Michael Frank/TX
6/14/2005 5:53:23 PM (3434 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 6:19:11 PM (3712 views)
Re: E & O Insurance - Anne Gilbert/VT
6/19/2005 7:12:41 AM (3274 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 (2617 views)

[+] Yahoo! - monica froese/ME (1 reply)
6/13/2005 6:02:26 PM (2630 views)


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