hello from the world of title insurance and the collapse of the enabler generation

I really don’t know how to say this. You may be surprised at how the words just don’t flow because this isn’t happy talk. It’s just reporting.

Here in title insurance land, we’re the survivors. We’re the ones who are still here pumping out policies and helping those folks still in mortgage lending and real estate get the job done.

Here’s what it feels like. The infrastructure under which I work has had the roof blown off and what’s left is tattered and torn but there is a frame, a structure on which to rebuild.

The flesh, or the substance that once filled in that structure was the enabler goo. This was the facilitating machine that oiled the machine of fraud, flips, kickbacks and grease, the extent of which I never imagined. Some of it’s still there, but the cool clean air of truth is slowly killing what’s left of the crappiest of crap and I hope the good doctors of regulation will do the final sweep for whatever gunk the free market doesn’t correct.

So, here I am, still doing things the way I do the things I do. Traditional title insurers, those good guys who weathered the storm, we are moving money. I am diligently and as quickly as possible moving title policies and remitting premiums with a sense of medicinal need. Money is blood and as the title insurance giants are collapsing and dying from the lack of it, and cutting off tentacles and severing relationships to find the core in which they can live and breath, we must get them the money they need to survive because in this crazy world, even though they tried hard to kill us, we can’t survive without them.

Go figure.

I believe in the power of hope and the power of atonement.