Posted by peterole on 11/20/04 10:06pm
Msg #11783

standard combo, trailing docs and single docs

A CERTAIN SS USES SEVERAL TERMS THAT THEY DO NOT DEFINE: STANDARD COMBO, TRAILING DOCS AND SINGLE DOCS. ANY IDEAS? IF NOT I WILL BE ABLE TO REACH THE COMPANY ON MONDAY. THANKS

Reply by CarolynCO on 11/21/04 8:39am
Msg #11788

Re: All caps -- a no no

Peterole,
A gentle suggestion/reminder -- please don't type in solid caps. Thanks.

Reply by Mortgage Closers of San Antonio - Kenneth C Whitton Jr on 11/22/04 7:08am
Msg #11829

standard combo - first mortgage with a second one as well?

trailing docs - related documents sent separately, synonymous with junk docs?

single docs - single page documents, not part of the package?

These are just guesses... I personally have not heard those terms used. I would be interested to know the answer...

Reply by BrendaTX on 11/22/04 12:49pm
Msg #11857

Question...

KCW, JR mentioned: "trailing docs - related documents sent separately, synonymous with junk docs"

I am glad to learn about "trailing docs" - never heard that term exactly.

My question: Why do they call them "Junk Docs" anyhow?

Reply by Mortgage Closers of San Antonio - Kenneth C Whitton Jr on 12/1/04 7:40pm
Msg #12491

Re: Question...

junk docs are not required by the lender to fund the loan, but are for the protection of the title company and others involved. CYA kinda stuff...