Posted by cmd_NH on 12/15/05 8:02am
Msg #82687

This was interesting!

Had a signing where the borrowers had a problem with what was being paid off on the docs. Wanted to stop signing...I explained the RTC and they said okay, but still wanted to speak with the LO, So we called. No problem, got the LO on the phone...answered the bwr's question....This is the interesting part.....I had a question for the LO about one of the docs....the answer I got was..."I have no idea what I'm doing". Finally got the VP and an answer....wonder where they got that guy. Signing completed successfully after 2-1/2 hours.

Reply by SSEmobile on 12/15/05 8:20am
Msg #82688

I seem to be running into a few LO that have that particular qualification in the business this year ......

Reply by Lee/AR on 12/15/05 9:29am
Msg #82719

*Recent grad with MBA. Prior experience consists of saying "You want fries with that?" Paid commission only, still living at home & looking for a real job--if he finds one, he quits & is replaced by...see *

Reply by ReneeK_MI on 12/15/05 4:05pm
Msg #82838

I can't believe I'm doing this but ... I doubt there are many L/O's who could fight their way out of a paper bag full of closing docs, but I don't really know much about 'Bips' and grossing this up or that down or how to make an HP calculator work. They sell - they're salesmen, that's their job. We close, we're (oops we're NOT closers ...) - but you see what I mean?