Thursday, April 1, 2010

ALTA asking for membership

As part of what I guess is a routine membership drive, I received a voice mail from the soon-to-be president of ALTA noting that I had previously been a member and would I consider rejoining?

Yes, I used to pay over $2000 per year for the privilege of ALTA membership.  I stopped paying $2000+ per year when I suddenly realized that ALTA was advocating against my interests and not for them.  DUH!

ALTA asking for membership

As part of what I guess is a routine membership drive, I received a voice mail from the soon-to-be president of ALTA noting that I had previously been a member and would I consider rejoining?

Yes, I used to pay over $2000 per year for the privilege of ALTA membership.  I stopped paying $2000+ per year when I suddenly realized that ALTA was advocating against my interests and not for them.  DUH!

PLTA responds to the PA Department of Insurance on the data call

LETTER


Interestingly, we have paid for voluntary annual CPA audits and maintained spreadsheets for issued policies and cancelled transactions so we're able to give reasonably accurate data for everything accept the geographic breakdown.  For that, we are randomly reviewing scanned files for these years, as many as we can and will do a guesstimate based upon an extrapolation of the sampling.

PLTA responds to the PA Department of Insurance on the data call

LETTER


Interestingly, we have paid for voluntary annual CPA audits and maintained spreadsheets for issued policies and cancelled transactions so we're able to give reasonably accurate data for everything accept the geographic breakdown.  For that, we are randomly reviewing scanned files for these years, as many as we can and will do a guesstimate based upon an extrapolation of the sampling.

to be or not to be "on the list" --------- RESPA 2010

We do lots of closings for lots of different lenders.  Sometimes we are "on the list" and sometimes we're not.  By "on the list" I am referring to the Provider List given to a borrower with the new GFE.  When a lender gives a borrower the name of a title service provider, they have to put the provider on the list.  This is a referral and when the lender gives a name to a borrower and also gives

to be or not to be "on the list" --------- RESPA 2010

We do lots of closings for lots of different lenders.  Sometimes we are "on the list" and sometimes we're not.  By "on the list" I am referring to the Provider List given to a borrower with the new GFE.  When a lender gives a borrower the name of a title service provider, they have to put the provider on the list.  This is a referral and when the lender gives a name to a borrower and also gives