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Fast TrackTitle-WARNING - Jason Knowles/AL
4/18/2018 3:51:53 PM (3341 views)
Re: Fast TrackTitle-WARNING - Jay Duncan/MO
4/18/2018 7:01:27 PM (3651 views)
Re: Fast TrackTitle-WARNING - sam r/FL
4/19/2018 11:17:50 AM (5993 views)
Re: Fast TrackTitle-WARNING - george Hubka/MI
4/22/2018 9:33:52 PM (3318 views)
Re: Fast TrackTitle-WARNING - Smitty Strickland/SC
4/19/2018 12:34:25 PM (3723 views)
Re: Fast TrackTitle-WARNING - Becky Vigneault/VT
4/30/2018 3:58:28 PM (2920 views)

Back Title - Sara Tressler/PA
4/16/2018 4:11:22 PM (2852 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 (3114 views)
Hope they had no Affirmations - Patrick Nevling/FL
4/16/2018 11:01:42 AM (6243 views)

Virtual Office Address - Serena Stout/VA
4/13/2018 3:38:30 PM (2941 views)
Re: Virtual Office Address - William Duncan/NC
4/14/2018 1:03:23 AM (3891 views)

Excellent article on our workload downturn - Alix Ott/MI
4/12/2018 6:26:35 AM (4807 views)
Good read .. - Bobbi Shorthouse, Notary Public/CT
4/12/2018 7:55:35 AM (4132 views)
Re: Good read .. - Alix Ott/MI
4/12/2018 8:12:06 AM (4048 views)
Re: Good read .. - F P/VA
4/12/2018 10:29:50 AM (3996 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:17:13 PM (3973 views)
Re: Good read .. - F P/VA
4/12/2018 2:07:20 PM (3909 views)
Re: Good read .. - William Duncan/NC
4/12/2018 2:30:10 PM (4120 views)
Re: Good read .. - F P/VA
4/12/2018 3:03:40 PM (4114 views)
Re: Good read .. - William Duncan/NC
4/12/2018 4:33:57 PM (4130 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:47:42 PM (3952 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 (3991 views)
Re: Good read .. - William Duncan/NC
4/12/2018 1:05:10 PM (4044 views)
Re: Good read .. - Alix Ott/MI
4/12/2018 1:08:44 PM (3877 views)




Paid - Sara Tressler/PA
4/9/2018 11:57:45 AM (2550 views)

Select Business Services - Smitty Strickland/SC
4/3/2018 6:04:38 PM (4305 views)
Re: Select Business Services - sam r/FL
4/3/2018 6:44:10 PM (4454 views)
Re: Select Business Services - Rene Blevins/VA
4/16/2018 9:01:11 AM (3721 views)
Re: Select Business Services - Sara Tressler/PA
4/16/2018 4:10:23 PM (4229 views)

ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 4:30:04 PM (3078 views)
Re: ALWAYS GET $ UPFRONT - William Duncan/NC
4/3/2018 4:33:42 PM (4223 views)
Re: ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 4:48:17 PM (4680 views)
Re: ALWAYS GET $ UPFRONT - William Duncan/NC
4/3/2018 4:55:02 PM (4313 views)
Re: ALWAYS GET $ UPFRONT - sam r/FL
4/3/2018 6:03:35 PM (4152 views)

Interesting - F P/VA
4/3/2018 11:32:37 AM (4568 views)
Re: Interesting - Joanna Sturza/MI
4/10/2018 7:55:49 AM (3951 views)
Re: Interesting - F P/VA
4/10/2018 2:24:17 PM (4206 views)

About T-00 Copy in TX for Title Searches - Abhinav Kumar G/TX
3/29/2018 12:32:58 PM (2897 views)
Re: About T-00 Copy in TX for Title Searches - James Powell/MI
3/30/2018 8:33:51 AM (6732 views)
Re: About T-00 Copy in TX for Title Searches - Tony Costa/LA
4/3/2018 9:48:31 AM (3721 views)
Re: About T-00 Copy in TX for Title Searches - Abhinav Kumar G/TX
4/3/2018 11:38:42 AM (3718 views)

Your Home as see by . . . - David Bloys/TX
3/28/2018 12:39:19 PM (4294 views)
Re: Your Home as see by . . . - Smitty Strickland/SC
3/28/2018 1:04:31 PM (3853 views)
Re: Your Home as see by . . . - Anita Backlund/MN
3/29/2018 3:50:31 PM (3694 views)

Searchtec - Smitty Strickland/SC
3/28/2018 11:13:41 AM (3145 views)
Re: Searchtec - F P/VA
3/28/2018 12:44:36 PM (3966 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 1:03:03 PM (3970 views)
Re: Searchtec - David Bloys/TX
3/28/2018 12:59:55 PM (4025 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 1:03:52 PM (3911 views)
Re: Searchtec - Naomi Backes/NC
3/28/2018 1:06:12 PM (3996 views)
Re: Searchtec - Smitty Strickland/SC
3/28/2018 4:25:25 PM (4101 views)
Re: Searchtec - Michael Ebersole/PA
4/2/2018 8:52:11 AM (3866 views)

FNF ACQUIRING STEWART - Heidi Gemeling/FL
3/27/2018 2:21:41 PM (3158 views)
Re: FNF ACQUIRING STEWART - Michael Solt/PA
3/28/2018 11:56:30 AM (4132 views)
Re: FNF ACQUIRING STEWART - Jeffrey Land/NJ
4/2/2018 11:11:08 AM (3841 views)

Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
3/26/2018 6:12:10 PM (2871 views)
Re: Abacus Tech Services LLC - Brian Gibson - Jolene Crofoot/MN
3/28/2018 3:57:11 PM (6856 views)
Re: Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
3/28/2018 6:48:36 PM (3792 views)
Re: Abacus Tech Services LLC - Brian Gibson - Michael Hester/WA
4/6/2018 1:04:48 PM (3801 views)
Re: Abacus Tech Services LLC - Brian Gibson - David Bloys/TX
4/6/2018 5:30:06 PM (3784 views)

Block chain - F P/VA
3/25/2018 9:57:09 PM (3313 views)
Re: Block chain - James Powell/MI
3/26/2018 11:04:30 AM (3984 views)
Re: Block chain - Heidi Gemeling/FL
3/27/2018 2:16:06 PM (3870 views)
Re: Block chain - F P/VA
3/28/2018 12:40:31 PM (8542 views)
Re: Block chain - James Powell/MI
3/29/2018 10:42:55 AM (3723 views)
Re: Block chain - F P/VA
3/29/2018 12:19:54 PM (3705 views)
Re: Block chain - James Powell/MI
3/29/2018 10:37:54 AM (6483 views)
Re: Block chain - Leigh Attridge/MA
3/29/2018 10:07:37 AM (3714 views)
Re: Block chain - Heidi Gemeling/FL
3/29/2018 11:01:12 AM (3646 views)
Re: Block chain - F P/VA
3/29/2018 1:01:20 PM (3803 views)
Re: Block chain - David Bloys/TX
3/29/2018 9:34:35 PM (3674 views)
Re: Block chain - Scott Oberlin/OH
3/30/2018 10:45:15 AM (3757 views)
Re: Block chain - Don (Chunshen) Li/GA
4/30/2018 6:57:06 PM (2749 views)


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