ARCHIVED BLOG POSTS
2012
Just an FYI, I’m sure everyone is aware of the denial of service attacks on the major banking web sites this week including PNC. A denial of service attack is simply sending a ton of internet traffic to a site so that eventually the site is overwhelmed, can’t handle the volume and crashes. Othe...
09/28/2012
What is the actual cost of Vetting? What is the exact items the CFPB would request that Title Agents like Family Abstract, Inc. be vetted for? The Wikipedia definition of vetting is… Vetting is a process of examination and evaluation, generally referring to performing a background check on som...
09/27/2012
We all know the story of Peter Piper. Here, later in life Peter Piper gets a house. But Peter Piper doesn't pick the proper mortgage and now Peter Piper is "Pucked". Peters' predicament is discussed in this humorous parody. Please let me know what you think... Thanks in advance. From my family to...
09/27/2012
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They tried to kill us They didn’t Let’s eat! =============================================================================== I wish you and everyone you love A Happy and Healthy New Year! G-zi G'zunt! L'shana Tova ===================================================================...
09/26/2012
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Have you ever wondered how the cash in your wallet was created? Why the color green was chosen for all paper currency and whether or not the money you possess will be worth anything in 5 years, 50 years or 500 years? Well wonder no more as I’ve laid out seven common questions about money and th...
09/26/2012
On April 13, 2012, the Consumer Financial Protection Bureau (CFPB) authored an advisory bulletin known as CFPB Bulletin 2012-03 which provides the following expectation: “The CFPB expects supervised banks and nonbanks to have an effective process for managing the risk of service provider relation...
09/25/2012
My father and I are so lucky and fortunate to travel together. Last summer we undertook a 180 mile coast-to-coast walk across Wales in England. Our walk was a celebration of sorts. (And a great vacation from Family Abstract and all that is Title Insurance.) A year earlier my father, who was then ...
09/24/2012
As a title insurance company, Family Abstract, Inc. we need to adjust to every new item that comes into the mortgage or real estate arena. I felt that this needed to be passed along to all our readers as it adds a new bad “blind” wrinkle to the price of home ownership. Will Congress Increase Mo...
09/24/2012
Dear Members of Congress & Legislative Aides: I am writing you on behalf of the National Association of Independent Land Title Agents (NAILTA – www.nailta.org). NAILTA is comprised of title insurance agents, agencies, underwriters and their like-minded settlement service provider colleagues from...
09/21/2012
At Family Abstract, we are often asked questions regarding title insurance. After a 26 year stint in the title insurance industry, Family Abstract, Inc can handle any question that comes our way. For those of you that buy a home once or twice a lifetime and refinance once or twice per lifetime, t...
09/19/2012
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