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[+] 2005 Independent Abstractor Report - Jarrod Clabaugh/OH (2 replies)
6/21/2005 4:49:24 PM (2720 views)

[+] VENDOR MANAGERS SPEAK UP - Michael Frank/TX (7 replies)
6/20/2005 7:21:18 PM (2768 views)

[+] Thanks for the E & O info - Kurt deVries/FL (3 replies)
6/20/2005 3:22:07 PM (2573 views)

[+] Closing Company out of business? - Jen McClosky/OH (1 reply)
6/20/2005 1:57:34 PM (2514 views)

[+] QUESTION FOR VM'S: HOW MANY OF YOU... - Scott Perry/PA (10 replies)
6/18/2005 8:33:42 PM (2726 views)




NALTEA conference/newsletter - Douglas Gallant/OH
6/17/2005 6:11:09 PM (2043 views)

D&S abstracting in Indiana - Michael Frank/TX
6/17/2005 3:36:33 PM (2265 views)

[+] Titlesearch USA?????????? - Tammy Knight/MO (12 replies)
6/16/2005 9:44:29 PM (2638 views)

[+] HUD To Officially Annouce RESPA Reform - Jason Sheppard/PA (2 replies)
6/16/2005 11:33:20 AM (2458 views)

[+] E & O Insurance - Kurt deVries/FL (6 replies)
6/16/2005 10:43:02 AM (2406 views)

[+] vendor manager survey numbers - Kim Haase/MT (14 replies)
6/15/2005 12:35:50 PM (2589 views)

[+] NALTEA Social Event - Robert Franco/OH (4 replies)
6/15/2005 10:27:03 AM (3619 views)

[+] ATTENTION VENDOR MANAGERS!!! - Jay Duncan/MO (28 replies)
6/14/2005 4:39:33 PM (2719 views)

[+] Value America - Wanda Steudel/OH (4 replies)
6/14/2005 1:33:45 PM (3626 views)

[-] E & O Insurance - Michael Frank/TX (6 replies)
6/14/2005 12:35:15 PM (2755 views)
Re: E & O Insurance - Robert Franco/OH
6/14/2005 12:44:36 PM (3847 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 2:50:32 PM (3495 views)
Re: E & O Insurance - Jay Duncan/MO
6/14/2005 4:35:11 PM (3472 views)
Re: E & O Insurance - Michael Frank/TX
6/14/2005 5:53:23 PM (3507 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 6:19:11 PM (3779 views)
Re: E & O Insurance - Anne Gilbert/VT
6/19/2005 7:12:41 AM (3341 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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