Posted by JurneiCA on 8/1/06 11:20pm
Msg #136622

You should have collected from the borrower at the table...

Anyone ever hear this from a escrow/title company after you did the signing. This is a crock!

Title ordered a signing and then said that the fee for the signing should have been collected from the borrower at the table and they won't be paying. Title ordered the signing.

Reply by LkArrowhd/CA on 8/1/06 11:21pm
Msg #136623

Re: May I ask was that in your instructions? n/m

Reply by JurneiCA on 8/1/06 11:24pm
Msg #136625

Re: May I ask was that in your instructions?

NO. Just got the phone call from Title. Asked them to send a confirmation. I return the confirmation with my fee. The next day they said borrower should have paid at the table. Over nighted docs with no trace of docs on my computer.

Reply by LkArrowhd/CA on 8/1/06 11:26pm
Msg #136627

Re:This should have been made crystal clear to everyone and

more so the notary if they had specific instructions, once again they think we can read minds....

Reply by LkArrowhd/CA on 8/1/06 11:23pm
Msg #136624

Re: The borrower of course should have been made aware

did title let them know?

Reply by JurneiCA on 8/1/06 11:25pm
Msg #136626

Re: The borrower of course should have been made aware

Can't get borrower to answer phone at this point.

Reply by LkArrowhd/CA on 8/1/06 11:27pm
Msg #136628

Re: Have you left a a message, it's only 9:30 perhaps they

are out for the evening, I'd keep trying....

Reply by LkArrowhd/CA on 8/1/06 11:33pm
Msg #136629

Re: Sorry you mean your notary fee? I misunderstood. No

never heard of that one....

Reply by JurneiCA on 8/2/06 12:20am
Msg #136636

Texas Lone Star Title

bad business practices.

Reply by Becca_FL on 8/2/06 12:27am
Msg #136638

Re: Texas Lone Star Title

>>>bad business<<<

Boy, I'll say. Maybe you should have made this clear when you accepted the terms.

Reply by BrendaTx on 8/2/06 10:09am
Msg #136684

Re: Texas Lone Star Title - Jurnei

This is ridiculous. I was so sound asleep when you called last night that I was speaking gibberish.

Now that I have the picture, I find this preposterous to be asked that YOU schedule a notary and that YOU tell that notary to collect a fee at the table.

They know better than this crap. I will check with my network and see if this is something they have run into or if they have done work for this group.

Reply by Joan Bergstrom on 8/2/06 12:40am
Msg #136639

Your right it is a crock!

There are so few instances that we ever collect from a borrower that this is truly a crock.

I have done over 2500 loans and I have collected from a borrower maybe 2 or 3 times.

This is definitely not the normal procedure and you should be ticked off. Print an invoice and mail it to the borrower or take it over in person.

I don't think this Title Company is going to pay you. Duh!!

Good Luck

Reply by BrendaTx on 8/2/06 10:19am
Msg #136688

Re: Your right it is a crock!

I would not go for the bwr yet, Joan. I'd start with a promise in very professional terms to send a report of this to the TLTA (Texas Land Title Association president/execs, etc.) to reveal their practices.

Give them x days (quickly if it's over thirty).

Make it clear you will send copies of all this to bwr, LO as well, and to the mortgage association of CA, as well as Tx.

On the day you say you will send the letter if no pay, DO IT.

This way, you have promised to expose them to CA lenders, to TX lenders, to their peers in Texas at the title assoc. It will be worth your notary service fee to shut you up.

If not, let the borrower run the crap back uphill to their loan officer...LO will then clamp down on this stupid freaky title company scheduler. Then, the notary service will be paid.

Reply by Lee/AR on 8/2/06 8:19am
Msg #136652

Title hired you. Title pays you! No agreement w/b's exists.

You are right. This is a total crock!

Reply by PAW on 8/2/06 10:02am
Msg #136680

Re: Title hired you. Title pays you! No agreement w/b's exists.

Agreed. In over 5,000 closings/signings that I've done, I've never collect 'my' fee from the borrowers. I am always paid by the lender, title company or signing service. That's who I contract with, and who I expect to pay me. (Of course, ultimately, the borrower does pay for it, among other things.)

Reply by pat leyes on 8/2/06 10:11am
Msg #136685

Re: Title hired you. Title pays you! No agreement w/b's exists.

I have done well over 5000 signings and in a couple of cases the borrower did pay me.
But..this was disclosed when I took the signing and I confirmed the situation with the borrower when we set up the time for appt. Of course I like this agreement as I get paid
immediately. I can remember 2 times this happened, both times I got the signings from the loan rep.

Reply by Sher_AZ on 8/3/06 7:57am
Msg #136774

Re: Title hired you. Title pays you! No agreement w/b's exists.

I've done a couple of signings that the borrower was to pay at the table and they were made aware of that fact by the Title Co and when I contacted them to arrange meeting. I like it that arrangement also, works out well on the pocketbook It kind of threw me when I encountered the first one, but realized in both cases, the borrower was visiting friends or on vacation here in AZ, so the assignment was given to me by Title Co. so as to meet closing deadline for the borrower's benefit.