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CMS/ACCUDATA SEARCH - out-of -business - Patty/NJ
3/1/2006 12:42:07 PM (3723 views)
Re: CMS/ACCUDATA SEARCH - out-of -business - John Redhead/NY
3/4/2006 11:32:01 AM (3377 views)
Re: CMS/ACCUDATA SEARCH - out-of -business - Patricia Pratt/NY
3/5/2006 10:52:20 PM (2942 views)

Medicaid Liens - Robert Franco/OH
3/1/2006 12:23:46 PM (2481 views)
Re: Medicaid Liens - Lisa Ramsey/TX
3/1/2006 12:32:34 PM (3098 views)
Re: Medicaid Liens - Robert Franco/OH
3/1/2006 12:46:47 PM (3080 views)
Re: Medicaid Liens - Lisa Ramsey/TX
3/1/2006 1:52:39 PM (3037 views)
Re: Medicaid Liens - Robert Franco/OH
3/1/2006 2:39:43 PM (3052 views)
Re: Medicaid Liens - STEVE MEINECKE/VA
3/1/2006 3:16:04 PM (4749 views)
Re: Medicaid Liens - Robert Franco/OH
3/1/2006 3:32:05 PM (2990 views)

My Article was Published in FortBendNow News - Lisa Ramsey/TX
3/1/2006 12:19:58 PM (3405 views)
Re: My Article was Published in FortBendNow News - Barbara Bennett/IN
3/1/2006 4:51:51 PM (2986 views)
Re: My Article was Published in FortBendNow News - Lisa Ramsey/TX
3/1/2006 6:54:13 PM (3058 views)
Re: My Article was Published in FortBendNow News - Jay Duncan/MO
3/1/2006 6:57:54 PM (3015 views)
Re: My Article was Published in FortBendNow News - Scott Perry/PA
3/1/2006 11:15:35 PM (2977 views)

Just Too Good Not to Share - Lisa Ramsey/TX
3/1/2006 12:16:57 PM (1795 views)

Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
2/28/2006 11:10:27 PM (2108 views)
Re: Is the industry really threatened? This may help some of you.... - Scott Perry/PA
3/1/2006 12:00:33 AM (2873 views)
Re: Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
3/1/2006 9:14:09 AM (2824 views)
Re: Is the industry really threatened? This may help some of you.... - L ROLAND/CA
3/1/2006 12:47:07 PM (2737 views)
Re: Is the industry really threatened? This may help some of you.... - Jason Sheppard/PA
3/1/2006 4:40:14 PM (2953 views)




Looks as though others in the industry are feeling threatened... - Jarrod Clabaugh/OH
2/28/2006 4:20:42 PM (3517 views)
Re: Looks as though others in the industry are feeling threatened... - Robert Breakell/CT
2/28/2006 5:50:30 PM (3124 views)

A New Low for Scammers - Jay Duncan/MO
2/28/2006 1:08:09 PM (2275 views)
Re: A New Low for Scammers - Jason Sheppard/PA
2/28/2006 1:10:49 PM (2915 views)
Re: A New Low for Scammers - George Booth/OH
2/28/2006 1:24:49 PM (2964 views)

Just a thought - Kevin Ahern/CT
2/28/2006 11:39:18 AM (2174 views)
Re: Just a thought - James "Lin" Toney/MS
2/28/2006 12:24:59 PM (2847 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 12:27:48 PM (2845 views)
Re: Just a thought - Robert Franco/OH
2/28/2006 12:33:02 PM (3004 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 12:40:00 PM (3025 views)
Re: Just a thought - James "Lin" Toney/MS
2/28/2006 12:55:46 PM (3103 views)
Re: Just a thought - Kevin Ahern/CT
2/28/2006 1:00:17 PM (2885 views)

Clear Choice Abstracts - Sandra Morton/KS
2/27/2006 4:07:57 PM (2490 views)
Re: Clear Choice Abstracts - J Nisonger/CA
2/27/2006 8:14:26 PM (3082 views)
Re: Clear Choice Abstracts - Sandra Morton/KS
2/27/2006 8:46:29 PM (3337 views)
Re: Clear Choice Abstracts - Langdon Knight/MO
2/28/2006 12:19:26 AM (3082 views)
Re: Clear Choice Abstracts - Edward Huguenin/SC
3/18/2008 11:30:12 AM (2970 views)

A Post That Many of You Won't Like - Jason Sheppard/PA
2/25/2006 6:22:18 PM (3715 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
2/25/2006 7:11:26 PM (2789 views)
Re: A Post That Many of You Won't Like - James "Lin" Toney/MS
2/25/2006 7:36:11 PM (2823 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/26/2006 6:45:16 AM (3003 views)
Re: A Post That Many of You Won't Like - James "Lin" Toney/MS
2/26/2006 8:25:34 AM (2735 views)
Re: A Post That Many of You Won't Like - Loretta Reed/MD
2/26/2006 10:02:32 AM (2790 views)
Re: A Post That Many of You Won't Like - STEVE MEINECKE/VA
2/26/2006 12:50:42 PM (2785 views)

Loretta and All abstractors on SOT :
We all need to remember that padding fees is a RESPA violation and is clearly covered in section 8 of their rules. No one is supposed to increase or add fees for a charge that they did not perform. In the case of lines 1102 and 1103 of the HUD-1,(title examination& abstract fees) the fees shown are the fees that are to be paid, and RESPA sets out the fines of about $7k-$10K for each violation.RESPA states clearly that fees are paid specifically for "core" title work, which means one has to do something with regards to actual title examination in order to be able to charge a fee, not just stamp a settlement company name on the file folder! This is finally being enforced by HUD on a much larger scale now also. This is where a lot of settlement companies are making big bucks too. I know of one large company in MD that shows $300 for the title and $300 for examination also, so they charge $600 to the customer for a title that they pay $125 for!!!- I also think the title companies promote this very kind of violation for their agents to get a bigger bang out of each settlement too. Since the settlement fees, title insurance agents fees(60-80%) of the premiums isn't enough of a cut! Another BIG aspect of the RESPA rules per section 8 is that if this is occurring then liability is also apportioned respectively between each as to how much each is paid. As in the case above-the total fees charged is $600 to the customer on the HUD-1 and the company that did the title was paid $125- so the settlement company is liable for about 79% of any claim and the company that did the title would be liable for only 21% of any claim. Liability is clearly defined by RESPA. I am sure the big insurance companies that are promoting this illegal activity are just now starting to realize the implications of this advise or "turning the other way" while their agents that are involved in this whole scheme. Especially with the recent HUD fines being levied against RESPA violators, the Fountainhead Title case reported here on SOT is a good example.
Just one more reason the fees we charge should be an honest and fair fee so we too are not led to this kind price gouging that seems to be rampant with the settlement companies, lenders and real estate firms.

I have another HUD-1 that reflects total title fees paid for the case were in excess of $925 - let us not be fooled, someone is making BIG bucks off our work!! (I have copies of these HUD-1's if anyone would like to "see" the proof)

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Re: A Post That Many of You Won't Like - Loretta Reed/MD
2/26/2006 1:16:55 PM (2788 views)
Re: A Post That Many of You Won't Like - STEVE MEINECKE/VA
2/26/2006 1:25:12 PM (2884 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 7:54:19 AM (2867 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 9:13:53 AM (2787 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 9:58:11 AM (2687 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/27/2006 10:33:25 AM (2671 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/27/2006 10:45:25 AM (2664 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 10:50:39 AM (2674 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
2/27/2006 11:16:58 AM (2761 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 11:25:47 AM (2686 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/27/2006 11:19:56 AM (2688 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 5:31:37 PM (2617 views)
Re: A Post That Many of You Won't Like - Ellen Malloy/MO
2/27/2006 12:11:27 PM (2595 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/27/2006 12:28:09 PM (2696 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 1:41:56 PM (2782 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
2/28/2006 1:51:42 PM (2647 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
2/28/2006 2:01:06 PM (2805 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 2:11:36 PM (3018 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 3:32:28 PM (2706 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/28/2006 3:42:18 PM (2621 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 4:26:23 PM (2587 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
2/28/2006 4:38:05 PM (2559 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 4:51:52 PM (2596 views)
Re: A Post That Many of You Won't Like - Robert Breakell/CT
2/28/2006 6:20:25 PM (2639 views)
Re: A Post That Many of You Won't Like - Lisa Ramsey/TX
2/28/2006 6:26:00 PM (2498 views)
Re: A Post That Many of You Won't Like - Barbara Bennett/IN
2/28/2006 7:19:46 PM (2368 views)
Re: A Post That Many of You Won't Like - George Booth/OH
2/28/2006 6:45:22 PM (2610 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
3/1/2006 7:16:08 AM (2455 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
3/1/2006 10:46:02 AM (2382 views)
Re: A Post That Many of You Won't Like - Ellen Malloy/MO
3/1/2006 9:50:23 AM (2308 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/1/2006 11:07:03 AM (2301 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/4/2006 5:56:33 PM (2322 views)
Re: A Post That Many of You Won't Like - George Booth/OH
3/7/2006 11:43:56 AM (2389 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/7/2006 12:27:51 PM (2364 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/7/2006 1:27:23 PM (2340 views)
Re: A Post That Many of You Won't Like - J Nisonger/CA
3/7/2006 6:25:07 PM (2209 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
3/7/2006 7:57:51 PM (2257 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/7/2006 11:00:40 PM (2458 views)
Re: A Post That Many of You Won't Like - Scott Perry/PA
3/7/2006 11:34:02 PM (2168 views)
Re: A Post That Many of You Won't Like - Robert Franco/OH
3/8/2006 11:18:12 AM (2240 views)
Re: A Post That Many of You Won't Like - Jason Sheppard/PA
3/8/2006 12:16:45 PM (2177 views)
Re: A Post That Many of You Won't Like - Kevin Ahern/CT
3/8/2006 12:38:28 PM (2335 views)
Re: A Post That Many of You Won't Like - George Booth/OH
3/9/2006 7:49:05 PM (2214 views)

DOES ANYONE KNOW ABSTRACT, USA - Angelica Schneider/IN
2/24/2006 7:38:33 PM (2276 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/25/2006 10:40:38 AM (2680 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/26/2006 9:00:04 AM (4340 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Angelica Schneider/IN
2/28/2006 6:15:09 PM (2793 views)
Re: DOES ANYONE KNOW ABSTRACT, USA - Ricky Farrow/FL
2/28/2006 6:32:59 PM (2711 views)

NE REAL ESTATE SERVICES - Paul Hughes/RI
2/24/2006 5:06:01 PM (1779 views)

www.naltea.org will be moving also - Jay Duncan/MO
2/24/2006 3:27:15 PM (1750 views)

sourceoftitle.com being moved to new servers - Slade Smith/OH
2/24/2006 2:49:44 PM (1771 views)

In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 10:07:46 AM (3384 views)
Re: In Response to My Name and TruClose - Robert Franco/OH
2/24/2006 10:42:23 AM (2750 views)
Re: In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 10:48:42 AM (2958 views)
Re: In Response to My Name and TruClose - Robert Franco/OH
2/24/2006 11:43:26 AM (2808 views)
Re: In Response to My Name and TruClose - Jason Sheppard/PA
2/24/2006 12:32:12 PM (4559 views)


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