Your Title Policy – Does it Tell the Whole Truth…?

In researching the book “Title Insurance for Real Estate Professionals” for Dearborn Real Estate Education, I contacted ALTA, asking for updated claims data. I had an old Pie Chart showing claims history by category from a major Underwriter from the 90’s, but it was outdated, and I wanted new data. ALTA verbally told me [...]

The American Title Ins Industry: How a Cartel Fleeces the American Consumer

The American Title Insurance Industry: How a Cartel Fleeces the American Consumer is the newest book about the title industry, that will grace the shelves of local bookstores on August 1st.

In an Editorial Review Book Description about the manual, it states:

“In this important and fascinating book, the authors expose a scam that has [...]

National Deed Service Scam

The “National Deed Service,” offers to obtain a certified copy of a homeowner’s deed for a significant fee. They apparently go to the Courthouse to find fairly recent sales, and then contact the consumer to tell them they should have a Certified Copy of their deed in order to be able to sell [...]

Excellent Job Opportunity – Greater MN

Excellent Opportunity!

Manager wishes to retire within a year or so, leaving this position as heir to the top position running the title group. Seeking person with abstracting and examining background, as they would need to help with both residential and some commercial examining right now in addition to managing six people. Bank [...]

So, you want to be an abstractor?

As the host of SOURCE OF TITLE for the past four years, the question I get asked the most is “how do I become a title abstractor?” I guess it’s the glamor of the profession that attracts so many people to the profession. My first thought is always “WHY!?” I will address that question later, [...]

Dialogue with Department of Commerce on Closer Licensing

This web log article was approved for publishing by James Pearson, Director of Licensing, MN Department of Commerce.

In order to understand the closer licensing requirements, I have had several excellent conversations with the Department of Commerce.

To quote Mr. Pearson, the Director of Licensing for MN Dept. of Commerce:

“In my view, the licensing requirement [...]