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Fast TrackTitle-WARNING - Jason Knowles/AL
4/18/2018 3:51:53 PM (3109 views)
Re: Fast TrackTitle-WARNING - Jay Duncan/MO
4/18/2018 7:01:27 PM (3279 views)
Re: Fast TrackTitle-WARNING - sam r/FL
4/19/2018 11:17:50 AM (5623 views)
Re: Fast TrackTitle-WARNING - george Hubka/MI
4/22/2018 9:33:52 PM (2940 views)
Re: Fast TrackTitle-WARNING - Smitty Strickland/SC
4/19/2018 12:34:25 PM (3353 views)
Re: Fast TrackTitle-WARNING - Becky Vigneault/VT
4/30/2018 3:58:28 PM (2589 views)

Back Title - Sara Tressler/PA
4/16/2018 4:11:22 PM (2670 views)

Comment on "Florida Agency Network Closes First Refinance E-Closing Using Remote Online Notary" - Source of Title/OH
4/16/2018 11:01:42 AM (2880 views)
Hope they had no Affirmations - Patrick Nevling/FL
4/16/2018 11:01:42 AM (5724 views)

Virtual Office Address - Serena Stout/VA
4/13/2018 3:38:30 PM (2734 views)
Re: Virtual Office Address - William Duncan/NC
4/14/2018 1:03:23 AM (3504 views)

Excellent article on our workload downturn - Alix Ott/MI
4/12/2018 6:26:35 AM (4611 views)
Good read .. - Bobbi Shorthouse, Notary Public/CT
4/12/2018 7:55:35 AM (3758 views)
Re: Good read .. - Alix Ott/MI
4/12/2018 8:12:06 AM (3674 views)
Re: Good read .. - F P/VA
4/12/2018 10:29:50 AM (3642 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:17:13 PM (3597 views)
Re: Good read .. - F P/VA
4/12/2018 2:07:20 PM (3551 views)
Re: Good read .. - William Duncan/NC
4/12/2018 2:30:10 PM (3765 views)
Re: Good read .. - F P/VA
4/12/2018 3:03:40 PM (3763 views)
Re: Good read .. - William Duncan/NC
4/12/2018 4:33:57 PM (3755 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:47:42 PM (3575 views)


In re India...(again, I am not against working with off shore companies as long as they A) are transparent B) pay up C) Are legit D) operate with American interests in mind..)

I do not think it is India at fault per say. In 2015 back on LinkedIn, I went into a group where are the big players hang out: Title Insurance Executives, Mortgage Officers for Fortune 500 Lenders, big time real estate attorneys, etc.

I asked a question in a discussion thread "What are your thoughts on outsourcing Title Search to off-shore companies?"

It was viewed by over 10,000 by the end of the day and by the end of the week it was HUGE! It gave me some insight(and advertised my business that got me a new client in the form of a Litigation Firm). 

General Consensus?  No way. Sure, cheap, but at the top tier you start messing with a lot of Financial Risk/Compliance stuff. The sort of thing that can get a company fined millions or billions, like these guys: https://www.globalcustodian.com/nasd-fines-four-fidelity-brokers-for-record-keeping-violations/. Imagine if that was your Equity Loan....

That is courtesy of the National Association of Securities Dealers. Then there are this...and this is OCWEN: https://www.housingwire.com/articles/37873-washington-hits-ocwen-with-fine-for-using-unlicensed-offshore-companies

I spoke with one of the managing partners at one of the largest REO law firms in North Carolina who, in a meeting, told me about how wake of the Housing Bubble a lot of emphasis was put on risk and compliance via the Consumer Financial Protection Act.

I am waiting on my friend to send me the article while I write this in-between Vendor Management, but one of the large "top 10" Title Insurance Companies is starting to get MILLIONS in Title Insurance Claims because they serviced Mortgage Loans to an "off shore" company, so I think slowly-but-surely there is an uptick in companies swinging back for on-site Abstractors, although technology is still a front line competitor.

I will say this in closing: there are many great Abstractors out there, and there are great Title Business Owner-Operators out there. But I am finding that those who are both (like me and Jay Duncan...no relation) are rare. There are many Abstractors out there who ROCK TITLE SEARCH...but SUCK in terms of being business operators. I have said this in previous posts: be innovative, be competitive, be driven, be smart. See an increased demand? Put a price on it. Have a chance to offer a new product or service? Put a price on it. Got screwed over by "no payers", create a PayPal, offer to take Credit Card, and CHARGE UP FRONT. YES: PUT A PRICE ON IT.

I fight for everyone but I cannot do it unless you help yourself first. 

Hugs to all!

-Will 

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Re: Good read .. - F P/VA
4/12/2018 9:57:50 AM (3596 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:05:10 PM (3675 views)
Re: Good read .. - Alix Ott/MI
4/12/2018 1:08:44 PM (3523 views)


Real Title Services


Paid - Sara Tressler/PA
4/9/2018 11:57:45 AM (2365 views)

Select Business Services - Smitty Strickland/SC
4/3/2018 6:04:38 PM (4140 views)
Re: Select Business Services - sam r/FL
4/3/2018 6:44:10 PM (4111 views)
Re: Select Business Services - Rene Blevins/VA
4/16/2018 9:01:11 AM (3391 views)
Re: Select Business Services - Sara Tressler/PA
4/16/2018 4:10:23 PM (3904 views)

ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 4:30:04 PM (2867 views)
Re: ALWAYS GET $ UPFRONT - William Duncan/NC
4/3/2018 4:33:42 PM (3885 views)
Re: ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 4:48:17 PM (4320 views)
Re: ALWAYS GET $ UPFRONT - William Duncan/NC
4/3/2018 4:55:02 PM (3992 views)
Re: ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 6:03:35 PM (3790 views)

Interesting - F P/VA
4/3/2018 11:32:37 AM (4379 views)
Re: Interesting - Joanna Sturza/MI
4/10/2018 7:55:49 AM (3608 views)
Re: Interesting - F P/VA
4/10/2018 2:24:17 PM (3864 views)

About T-00 Copy in TX for Title Searches - Abhinav Kumar G/TX
3/29/2018 12:32:58 PM (2701 views)
Re: About T-00 Copy in TX for Title Searches - James Powell/MI
3/30/2018 8:33:51 AM (6364 views)
Re: About T-00 Copy in TX for Title Searches - Tony Costa/LA
4/3/2018 9:48:31 AM (3408 views)
Re: About T-00 Copy in TX for Title Searches - Abhinav Kumar G/TX
4/3/2018 11:38:42 AM (3415 views)

Your Home as see by . . . - David Bloys/TX
3/28/2018 12:39:19 PM (4078 views)
Re: Your Home as see by . . . - Smitty Strickland/SC
3/28/2018 1:04:31 PM (3540 views)
Re: Your Home as see by . . . - Anita Backlund/MN
3/29/2018 3:50:31 PM (3380 views)

Searchtec - Smitty Strickland/SC
3/28/2018 11:13:41 AM (2958 views)
Re: Searchtec - F P/VA
3/28/2018 12:44:36 PM (3654 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 1:03:03 PM (3632 views)
Re: Searchtec - David Bloys/TX
3/28/2018 12:59:55 PM (3703 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 1:03:52 PM (3585 views)
Re: Searchtec - Naomi Backes/NC
3/28/2018 1:06:12 PM (3644 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 4:25:25 PM (3766 views)
Re: Searchtec - Michael Ebersole/PA
4/2/2018 8:52:11 AM (3519 views)

FNF ACQUIRING STEWART - Heidi Gemeling/FL
3/27/2018 2:21:41 PM (2953 views)
Re: FNF ACQUIRING STEWART - Michael Solt/PA
3/28/2018 11:56:30 AM (3762 views)
Re: FNF ACQUIRING STEWART - Jeffrey Land/NJ
4/2/2018 11:11:08 AM (3494 views)

Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
3/26/2018 6:12:10 PM (2640 views)
Re: Abacus Tech Services LLC - Brian Gibson - Jolene Crofoot/MN
3/28/2018 3:57:11 PM (6457 views)
Re: Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
3/28/2018 6:48:36 PM (3411 views)
Re: Abacus Tech Services LLC - Brian Gibson - Michael Hester/WA
4/6/2018 1:04:48 PM (3448 views)
Re: Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
4/6/2018 5:30:06 PM (3426 views)

Block chain - F P/VA
3/25/2018 9:57:09 PM (3127 views)
Re: Block chain - James Powell/MI
3/26/2018 11:04:30 AM (3611 views)
Re: Block chain - Heidi Gemeling/FL
3/27/2018 2:16:06 PM (3522 views)
Re: Block chain - F P/VA
3/28/2018 12:40:31 PM (8205 views)
Re: Block chain - James Powell/MI
3/29/2018 10:42:55 AM (3349 views)
Re: Block chain - F P/VA
3/29/2018 12:19:54 PM (3359 views)
Re: Block chain - James Powell/MI
3/29/2018 10:37:54 AM (6056 views)
Re: Block chain - Leigh Attridge/MA
3/29/2018 10:07:37 AM (3363 views)
Re: Block chain - Heidi Gemeling/FL
3/29/2018 11:01:12 AM (3316 views)
Re: Block chain - F P/VA
3/29/2018 1:01:20 PM (3447 views)
Re: Block chain - David Bloys/TX
3/29/2018 9:34:35 PM (3304 views)
Re: Block chain - Scott Oberlin/OH
3/30/2018 10:45:15 AM (3393 views)
Re: Block chain - Don (Chunshen) Li/GA
4/30/2018 6:57:06 PM (2398 views)


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