I hear you. Both of mine were wrong also. The first one had his name not matching the Deed of Title or the records with the county. The company stated to just sign them anyway the way they are printed.
The second one didn't have the wife's name on any of the documents even though she is on title. Was told to just add her name to legals etc,; which is what I was going to do, but wanted verification so I wouldn't be charged with UPL. After the closing, I was looking thru the closing instructions and it was clearly listed for the processor to type in the wife's name on the legals.
Almost every one of my closings in the last month had errors such as this. Also, loan officers telling the borrowers there are no closing costs, when it is very obvious when their loan goes up by $9,000+ more which is not because of escrow, payoffs etc. Of course I never say anything because it is illegal. So much reminds me of 2005-2008. :-(
Quite a few fixed rates being changed to 5 year adjustable rates. Saving the borrowers a whopping .5% right now. SMH After all is said and done, they are saving $50 a month, adding a few years to their mortgage and in five years it will adjust. |
