This morning I ran across an interesting post by Patrick Wilkes in the Title Insurance Law Group on LinkedIn.
"Many states have laws which proscribe the performance of title insurance outside of their boundaries. Why do they look the other way when the Big Boys contract with offshore title plants"?
It's a good question and one that Wilkes, a Land Title Consultant should know a lot about. His work history in the title industry spans decades including seventeen years as Chief Title Officer/Commercial Title Officer for Old Republic Title, according to his LinkedIn Profile.
Wilkes goes on to comment, "With thousands of trained title insurance professionals unemployed in the US - and substandard title insurance products produced offshore - I wonder why state and federal regulators close their eyes to this foolish (and to consumers, deceptive) practice".
Is Wilkes on to something here? What are your thoughts?
to post a reply:
login - or -
register