Last Oct. I signed an elderly lady's refi. She signed POA for her husband. Her husband had a leg removed and is in a Nursing Home. The lady had just had carpel tunnel surgery and signed really slow. Her 50ish daughter had just gotten out of the hospital with part of her foot removed. They are all basically just trying to take care of each other.
Got called to do a RM. When I got the order, I recognized the name immediately. I was glad to get to see her again. However, the lender would not accept her POA to sign for her husband again. They wanted their own POA, which I do NOT understand. She had one from an attorney. They put this lady through the ringer getting this new POA, making her get a letter from the Dr., then something else, then this, then that and at one point wouldn't accept something because it wasn't on proper letter head. They all thought it was good to go, until I get there. I didn't sleep very well last night because I feel soooo bad to have added more stress onto this lady. The lender had wanted the husband to sign the POA by signature by mark at the nursing home. I go to the lady's home first and ask her what kind of ID her husband had. He had NOTHING that I could accept, no DL, no ID card, no passport. He only had a very old work ID, SS card, ins card. I felt soooo bad to have to refuse this. He doesn't even have a birth certificate to go to the dmv to get an ID card.
Question is this though. WHY is one POA good enough for some but not for others? Does the law allow them to do this? If a POA was drawn up by an attorney last year, why is that not still good? Please enlighten me. |
