| Lee - this post and the one you made earlier in response to the increase in fees charged by TCs and lenders are SO TRUE! They raise their fees to borrowers simply because they can. They have many fees they have to pay (example: Fed Ex is not giving them any breaks), so who do they pick on? The lower-than-whale poop notary. I don't want to hear any more sob stories about the down economy, struggling housing markets and poor borrowers. A TC and I parted company last year because they dropped their notary fee to $85 but the LO told me the same TC raised its fees to the bank. The next time I get a call saying "we have to keep our fees down" I'm going to quote the Bankrate study which shows an 8-10% increase in their fees! |
