AbstractorPro (Real Title Services)
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] ESS Solutions, LLC - Russ Frye/GA (9 replies)
9/17/2007 11:20:32 PM (2460 views)

Central Lending Services - Jon Lax/RI
9/17/2007 5:05:26 PM (2043 views)

[+] Jessica Talley - SHARON YAHRAES/ID (1 reply)
9/17/2007 2:13:56 PM (2471 views)

[+] Tax assessments in PA - Nathan Miller/KY (7 replies)
9/17/2007 11:12:38 AM (2177 views)

[-] Separation of Banks, Mortgage Companies and Title Companies - Jay Duncan/MO (1 reply)
9/16/2007 9:37:06 PM (2107 views)

    Kathy posted asking the question concerning the company notary perform her operation on a lease or sale between the company inwhich she was a director and an officer and another outside person there is, imho, a conflict of interest.

     I believe the same potential conflict of interest arises when a mortgage company, builder or bank owns a title company.  There is always pressure on a title company by their clients to push things through and ignore the possible problems.  That pressure is increased a hundred fold when the title company is owned by a bank, mortgage company or builder.  I am not saying that it happens all the time, but the temptation is certainly greater than if the title company is the third dis-interested party, like it is suppose to be, in the transaction between the borrower and the grantee lending the money, who ever that maybe.

     The borrower rarely understands that they have the choice of which title company they want to use.  The consumer needs to be ed-u-ma-cat-ed.

    Just food for thought.

    Jay

to post a reply: login - or - register


Re: Separation of Banks, Mortgage Companies and Title Companies - David Robertson/VA
9/25/2007 5:34:42 PM (2020 views)


Real Title Services


[+] IS WHAT THIS NOTARY DID LEGAL?? - KATHY NEWTON/NC (5 replies)
9/16/2007 7:34:38 PM (2117 views)

[+] Is your title shop using a trusted notary? - Jay Duncan/MO (1 reply)
9/14/2007 4:49:41 PM (3777 views)

Advantage Equity, Pennsylvania - Wendi See/SC
9/14/2007 3:25:40 PM (1870 views)

[+] Express Financial Services - Loretta Reed/MD (8 replies)
9/14/2007 12:30:22 PM (2316 views)

[+] One Lawyer You Have to Love! - J Nisonger/CA (6 replies)
9/14/2007 11:47:54 AM (2046 views)

[+] LSI joins 1st American's Procedures - Anita Backlund/MN (12 replies)
9/13/2007 11:34:40 AM (2593 views)

[+] Teaching Offshore Outsource To Title Search - Jill Kissell/IA (2 replies)
9/13/2007 11:23:32 AM (2245 views)

[+] Foreclosures - Barbara Bennett/IN (7 replies)
9/12/2007 2:38:36 PM (2199 views)

[+] Unbelievably Unethical!! - Robert Franco/OH (8 replies)
9/12/2007 12:22:46 AM (2370 views)

[+] Another Fee reduction - SHARON YAHRAES/ID (16 replies)
9/11/2007 9:17:48 PM (2355 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8917 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Families Must Spend 38% of Their Income on Mortgage Payments, New NAHB Index Shows
“The Cost of Housing Index clearly shows that a growing shortage of affordable housing is hurting families and com...
New Home Sales in April Down on Higher Mortgage Rates
“A lack of homes in the resale market combined with softening of the median new home price should incentivize home...
Former title agent sentenced to 36 months in prison for $6.6 million mortgage fraud scheme
On May 22, a former title agent was sentenced to 36 months in federal prison and ordered to pay $6,634,750.00 in forfeit...
Fidelity National Financial Names Jason Nadeau As Chief Artificial Intelligence Officer
"FNF's overall technology vision has always included emerging technologies," said Mike Nolan, CEO of Fidelity National F...
Existing-Home Sales Retreated 1.9% in April
"Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming on...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.