LENDERS are the ones that generate the loans, not AMROCK. They are one of MANY title companies that are seeing slow business due to a whole slew of variables. Bulk lenders have a lot to do with the exposure they are willing (or are not willing) to commit, interest rates, fees, charges and general expenses, areas that lenders are working in right now, and the general real estate market have impact on what title companies receive, to eventually farm out to us or signing companies.
I have done a lot of seller side transactions this month, and they are all over - Florida, Nevada, California, Arizona, Texas and Washington State just these last two weeks. It's really something!
Doing refi's, but notaries in my area are busily working like chickens scratching around, taking crap fees offered by cheapskate (greedy) signing companies. I had to argue over $10 (below) from a company that used to pay $125 regularly. They wanted to pay $115 (gob of pages and faxbacks) and I said $125. They apparently went somewhere else. Fine with me. Not going to work for scabby wages, yet these dummies here are accepting garbage rates, a lot less than $115. I guess the companies enjoy errors (I got two trips last week, to correct idiotic errors created by local notaries.
Seem to be venting here, myself. Such is life. |
