Posted by Fayth/IN on 6/21/05 10:18am
Msg #46487

LATE HUD?

If the HUD arrives AFTER you already left to do the signing meaning you now have to take it back the next day to get it signed, is that an additional trip fee that the notary can charge? The SS didn't tell me it was coming!

Reply by jojo_MN on 6/21/05 10:22am
Msg #46490

You should always call the SS first if you haven't received a HUD before leaving for the signing.

Reply by Fayth-IN on 6/21/05 10:27am
Msg #46495

Oh, so in other words, it's MY fault and I should go back for free, right?

Reply by jojo_MN on 6/21/05 10:32am
Msg #46497

Since it is not a notarized document, they may be able to send it to the borrower and have them fax and then return it. Call the ss service and see how they want to proceed.

Reply by DMARTZ_IN on 6/21/05 10:40am
Msg #46501

Fayth,
I have to agree with jojo_MN on this one. Just call the SS and see how they wish you to take care of this. I have been told many times to proceed with a signing without a HUD due to in not being ready and that they would Fax or overnight one to the borrower.

Reply by annonymous on 6/21/05 10:36am
Msg #46500

Basically yes. You were supposed to not leave to the signing without having the HUD with you. You can call the borrowers and explain you are missing more documents and you will be late. Then call the SS and have them expidite the HUD.

If I already have a HUD and while driving to the Brw. or at the table, I get a call from SS or title co that it has changed, they usually will tell me what the changes are, manually correct them, have the bwrs initial the changes and that does the trick.

If after you have left the bwrs home, they want to change the HUD, then you have to go back and I would definetely charge, it is their mistake not mine.

Hope this helps

Reply by Fayth_IN on 6/21/05 11:13am
Msg #46508

THANKS MUCH FOR EVERYONE'S INPUT. I actually noticed that there is nowhere on it for the B's to sign anyway, so it must not be all that important!

Reply by Cherilyn in CO on 6/21/05 1:47pm
Msg #46534

Are you sure then, that it's the HUD?

Borrower's always sign the HUD and it's an extremely important document in the loan package. I wouldn't sign my own loan without one.

Reply by Dmartz_IN on 6/21/05 2:07pm
Msg #46538

Re: Are you sure then, that it's the HUD?

Cherilyn,
I have a HUD with a pkg. in my hand that has no place for a signature on it. I will have borrower sign it . This is a first for me.

Reply by Barb/LI on 6/21/05 3:20pm
Msg #46547

Re: Are you sure then, that it's the HUD?

Sometime there is a HUD fomat with a separate page for signature. But as has been stated, HUD can always be sent to borrower directly..then signed and returned to title co. This has to be the most last minute updated document. Because I many times get calls that there is a new hud. If I am on my way in traffic, I don't go back.

Reply by PAW_Fl on 6/21/05 4:45pm
Msg #46576

Re: Are you sure then, that it's the HUD?

Not all HUD's require signatures. However, when a HUD is prepared that doesn't require initials and/or signatures of the borrowers, then there is quite often a "Page 3" which states that they have read and agree with the numbers, and sign that page.

Also, quite frequently, the lender's HUD does not have a place for the borrowers to sign. These HUD's are created during the process when using software programs like DocMagic to prepare the docs. Title/Escrow companies then prepare the "real" HUD with whatever software they use. And these typically do have signature lines for the borrowers.

If there is no place for the borrowers to sign, I would not have them sign it. It could be construed to be UPL on your part.

Reply by Fayth/Indy on 6/21/05 5:17pm
Msg #46590

Re: YES, I'm SURE it's the HUD!

.....and NO, it DEFINITELY has NO SIGNATURE LINE, so there! I simply asked the SS to ask the lender SEND the borrowers their OWN copy, and I sent the original LATE arrival back in the loan package. I'm done. And now.......I'm out!

Reply by Barb/NY on 6/21/05 5:57pm
Msg #46612

Re: Are you sure then, that it's the HUD?

Forgive my ignorance....UPL? What does that mean?

Reply by PAW_Fl on 6/21/05 9:00pm
Msg #46668

UPL = Unauthorized Practice of Law

Something you do not want to do. By filling in forms for others or telling them what they should do, is not within your authority as a signing agent. Therefore, you may be guilty of UPL if someone really wanted to push it.

Reply by Dmartz_IN on 6/21/05 11:18pm
Msg #46693

To PAW_FL

If the HUD has no place for signature and SS request that borrower is also to initial each page which does not have a signature line does this include the HUD? I had them initial the Hud.

Reply by PAW_Fl on 6/22/05 9:04am
Msg #46755

If instructed to get initials ...

... then I would do as you did.

Reply by Dmartz_IN on 6/22/05 9:18am
Msg #46759

Thank You Paw N/M