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FEATURE: Title Examiner Discovers Documents Missing from Online Database

An Ohio title examiner recently made a startling discovery when she tried to download documents from LandAccess.com. Many of the documents she knew to exist in the county's official database were missing from the online indices maintained by the subsidiary of Affiliated Computer Services. Another examiner has also found inconsistencies between the online records provided by LandAccess.com and the county’s official records.


Poizner Endorses Green Homeowners Insurance Policy

The California insurance commissioner joined other companies and associations with his endorsement of California's first green homeowners insurance policy.


AccuSearch Company
Title Firm Changes its Name to Stewart Title

Executive Title Insurance Services of southwest Florida recently announced its intentions to change its name to Stewart Title, the parent company that has owned the firm for eight years.


Jess Barker
Freddie Mac Blames Higher Interest Rates on Weakened Market, Inflation Woes

Concerns about rising inflation and the probability that the Fed will raise short-term rates combined to push mortgage rates higher this week, according to the GSE's chief economist.


NC County's Register of Deeds to Close Office During Relocation

The register of deeds' office in Raleigh will be closed for two days next month as the staff gets situated in the Bank of America Building located less than three blocks from its present location.


Foreclosure Filings Continue to Surge in Second Quarter 2008

A recent U.S. foreclosure report indicated that foreclosure filings increased nearly 14 percent increase during the second quarter of 2008, up 121 percent from the same period last year.


RealtyTrac, FrontDoor.Com Launch Strategic Partnership

The a new agreement will allow RealtyTrac to feed FrontDoor.com real-time properties from its nationwide foreclosure database of default, auction and bank-owned homes.


Friday Fast Facts

Weekly developments in the title insurance industry (July 19 - July 25, 2008)


CampusMBA Starts Reverse Mortgage Educational Program

CampusMBA launched Reverse Mortgage Central, a training solution for the entire real estate finance industry as demand for reverse mortgages continues to grow.


NNA Names Marketing Executive as its Newest CEO

Preparing for accelerated growth fueled by increasing national demands for secure electronic transactions, the National Notary Association named a new chief-executive-officer.


ODOI Amends Rule Concerning Annual Review of Title Insurance Agent Escrow Accounts

The Ohio Department of Insurance has amended a rule concerning the criteria for the annual independent review of various title insurance agent and title insurance company trust accounts.


FNF's Q2 Profits Fall 92 Percent, Job Cuts Announced

Fidelity National Financial's second quarter 2008 earnings tumbled all the way down to $6.9 million; the dampened figure was the result of increased claims and fewer orders placed.


First American Announces Date of Q2 2008 Results Conference Call

The First American Corporation intends to host a conference call on July 31, 2008, at 11 a.m. following the release of the company's operating results for the second-quarter of 2008.


On the Blogs

Why The Foreclosure Epidemic Is Even Worse Than It Seems
Source of Title Blog
2008/07/25
There is no doubt the foreclosure problem is getting worse; we haven't seen the bottom yet. CNNMoney.com is reporting that foreclosure filings in the second quarter of this year are up 120% over the ...
2 comments

Conflicting Claims Of Ownership
Source of Title Blog
2008/07/24
Sometimes even a thorough search does not reveal all of the title problems. I recently became involved in a commercial real estate transaction that includes a thirty-foot strip with two competing cla...
0 comments

Government's Link to Cyberstalking and Murder
A Public Eye On Public Officials
2008/07/17
Many people think the most dangerous thing about public record Web sites is the risk of identity theft. The fact is, government Web sites can cost you much more than your identity. They can cost you ...
0 comments

A Multi-State Survey Of Title Search Requirements
Source of Title Blog
2008/07/17
I recently wrote a blog about the vague search standards set forth in Ohio's title insurance laws (see A Reasonable Examination Of Title). After speaking with a title professional in Arkansas about th...
3 comments

Real Men Of Genius: Mr. Spending Other People's Money Guy
Source of Title Blog
2008/07/15
Stock in Fannie Mae and Freddie Mac are down more than 85% in the past year. As government-sponsored enterprises, there has always been an implicit federal backing. Recent moves make it look more li...
3 comments

The Downside Of Direct Operations
Source of Title Blog
2008/07/10
It has been recently reported that many of the underwriters are re-evaluating many of their agency relationships and canceling agreements that are not in-line with profitability and claims expectation...
0 comments

Why I Blog
Source of Title Blog
2008/07/08
I was recently asked why I started the Source of Title Blog. I thought that was an interesting question and it made me think. What is the purpose of the blog and what I get out of it? I have been wr...
4 comments

Bad News For Creditors
Source of Title Blog
2008/07/03
Though it's not the primary purpose of the title insurance industry, title companies have always played an important role in the process of collecting judgments. When an interest in land was conveyed...
9 comments

Choose Your Poison Carefully
Source of Title Blog
2008/07/02
The title industry is rapidly changing and there are two distinct movements afoot: one dominated by the underwriters and the other is attorney controlled. There is no shortage of critics on either si...
8 comments

Yes, Oklahoma is different
Jim Ball's Blog
2008/07/02
Cash cow for Abstract Companies and Lawyers...
0 comments

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I was searching on overstock.com for nothing and found something, there was real estate listed which piqued my interest??? ...
by Norean Cashwell
Experienced abstractor with Title Exchange is available in following Ga. counties, Carrol, Douglas, Elbert, Greene, Haralson,...
by Johnnie Austin
Covering Montgomery County Ohio I have 20 years experience and I am E & O insured. My rates are reasonable and I provi...
by Kimberly Short
I appreciate the vote of confidence, Rob! One thing I've learned through the years is that there is always something new to ...
by Scott Perry
Having read Scott's many insights on searching properties and spoken with him, I HIGHLY recommend his services. This guy KN...
by Rob Robinson

Classifieds

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DIVINE LAND MANAGEMENT, INC
July 18 2008
Providing Abstracting, Oil and Gas Leasing, Curative and Due Dilagence in South Louisiana Parishes.For more information call Rene Landry at (337) 256-6566.

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