Posted by Toni (NY) on 6/10/05 11:52am
Msg #43787

Email no doc

If a company asks for a quote for an "email, no doc", what does that exactly mean? Does it mean only 1 set is printed and the borrower does not get a set of docs?

Thank you,
Toni

Reply by Merry_CA on 6/10/05 12:44pm
Msg #43799

Re: Email no doc - where are all the oldies?

In my 5 years I have not come across that particular wording. It is probably *shorthand* for something very familiar. Where are all the oldies? One of them surely knows the answer!

Reply by Kimberly_IN on 6/10/05 12:48pm
Msg #43800

Re: Email no doc - where are all the oldies?

In my 10 years, I hadn't heard of that either.

Reply by Bobbi in CT on 6/10/05 12:51pm
Msg #43801

Email "no" doc

I've heard of Email, "low" doc = less than 50 pages.
NSA prints lender's and borrowers' sets.

Reply by HisHughness on 6/10/05 1:29pm
Msg #43813

Toni (NY) asks:

***If a company asks for a quote for an "email, no doc", what does that exactly mean? Does it mean only 1 set is printed and the borrower does not get a set of docs?***

There used to be a company out of San Francisco called the Cy Ning Agency, owned by a Vietnamese gentleman named, I think, Phar Ked Tong. CNA was rather small, and seldom had need for more than two or three agents in its database.

One agent that Cy Ning used often was an American-born signing agent of Chinese extraction who was named after his father. Before becoming a signing agent, Emil Liu had worked as a longshoreman. Thus, Tong always gave Liu those refis that were going to be signed during the lunch hour by workers at the San Francisco port.

Tong was notorious for being anal. Every assignment, he would meticulously go over every detail, including the address. Emil, who was well acquainted with the seaport, had no patience for this. The stories are legend in California signing agent circles about the head-butting between Tong and Liu. Such conferences always ended up with Liu stalking out, waving his arms and shouting at the top of his lungs, “Emil know docks! Emil know docks!”

Thus, “Emil know docks” has become a catchword meaning that you should have no trouble finding the address.

Hope this helps.

Reply by Anne_SoCA on 6/10/05 1:52pm
Msg #43821

ROFL......n/m

Reply by Stephanie Santiago on 6/10/05 6:01pm
Msg #43877

Re: Email no doc..Cracking up here!

Reply by Nd_WA on 6/10/05 8:56pm
Msg #43901

Ready for Vietnamese 201 Hugh?

You did well!!!

Reply by TAgey_VA on 6/11/05 8:35pm
Msg #44009

Now that was funny and entertaining! One posting of his "HUGHNESS" that I actually enjoyed reading.

Reply by Charm_AL on 6/10/05 3:11pm
Msg #43839

That means "Can you repeat that please? I've never heard that term."
The only thing I can think of and it doesn't make sense either is an electronic signing.

Reply by Bonnie on 6/11/05 9:17am
Msg #43939

I've heard of a "no doc" loan, but never "email no doc".