by Jeanine | Feb 21, 2014 | Abstracting/Searching, Education, Just for Fun, Land Title Technical Stuff, Real Estate fun, Source Of Title
How many squares are there in the picture below? Thanks to David Bloys, Title Guy out of Texas (posted on Source of Title) for this fun exercise. David says that 96% of the people who took this test failed it. Well, as what I consider a reasonable title abstractor...
by Jeanine | Jan 24, 2012 | Source Of Title
ALTA and the promoters of affiliated business arrangements seem to be a bit confused about the meaning of the word “independent.” The confusion is really nothing new. In a 1999 article, the Title Report quoted a past chairman of RESPRO who was...
by Jeanine | Jan 24, 2012 | Source Of Title
RESPA Section 8– the federal law that prohibits kickbacks and equivalent pay-for-referral arrangements between referrers of settlement service business and settlement service providers– is an immensely important law that is due for some attention...
by Jeanine | Jan 24, 2012 | Source Of Title
Back in 1981, ALTA’s president testified under oath to Congress that controlled business arrangements were “the functional and economic equivalent of kickbacks” and that “controlled business arrangements will have a greater adverse impact on...
by Jeanine | Jan 24, 2012 | Source Of Title
To hear some tell it, even around these parts, the rich make up a class so virtuous that we must not disturb the flower of their pure entrepreneurial creativity by ever taxing them an additional dime as we sink deeper and deeper into debt and consider cuts...
by Jeanine | Jan 24, 2012 | Source Of Title
Once again, somebody who should know better is using the title insurance industry’s low claims rate compared to other types of insurance as evidence that something is wrong with the industry. In this case, it’s one of the lawyers responsible for bringing...