Posted by Jayhawk/KS on 3/31/09 2:12pm
Msg #282857

reverse mortgage ?'s for test with NSC

i have some quesitons for a test with NSC, just not sure of answers, if someone could call me at 785-432-0619 sure would appreciate it. Thanks. Needs answers right away.

Reply by Linda_H/FL on 3/31/09 2:17pm
Msg #282859

NSC gives tests now??... n/m

Reply by janCA on 3/31/09 3:18pm
Msg #282874

Re: NSC gives tests now??...

NSC used to be a good client of mine until they reduced their fees dramatically. Obviously, they're having problems with the notaries they are hiring and are now trying to weed out the bad ones, if they're testing. Too bad. Why don't they just keep the good ones and pay a decent fee.

Reply by Linda_H/FL on 3/31/09 3:24pm
Msg #282877

Wonder what kind of questions they ask? Hope it's not too

involved as we're not authorized to go too far in our explanations.

Reply by jba/fl on 3/31/09 8:50pm
Msg #282924

Re: NSC - who are they? Do you mean NCS? n/m

Reply by Linda_H/FL on 3/31/09 9:23pm
Msg #282937

Nations Signature Closers...right?.. n/m

Reply by Lee/AR on 3/31/09 4:13pm
Msg #282881

If you need help w/answers, you shouldn't do these. n/m

Reply by Todd/OH on 3/31/09 7:05pm
Msg #282904

I agree with Lee

I've done about four on my own - nobody around to hold my hand. It was all common sense to me.

Reply by bhb/VA on 4/1/09 9:24am
Msg #282974

Re: If you need help w/answers, you shouldn't do these.

I have done reverse mortgages with no problems. I looked at this test he is referring to last week and they are asking technical questions that are beyond what we need to know to do signings. JMHO

Reply by JanetK_CA on 4/1/09 1:50am
Msg #282950

If you do a search on this board, you should find some info with links to materials you can study up on to learn more about RMs. I agree with Lee. Even though borrowers are supposed to go through a thorough counseling program, it's still important to at least understand the basics of how RMs differ from regular loans and the different possibilities available. Hopefully you'll find your answer there.

I have to add that I think it's asking a bit much for someone to take their time (and use their minutes...) to help you answer a test question... jmo