Posted by Anonymous on 3/30/05 11:07am
Msg #28532

Borrower's Signature [Middle Name]


I had a closing last week where the borrower's middle name was printed out in full. I ask for a photocopy of the borrower's drivers license and see that his middle name is printed out (not just initial).

As always, I advised the borrower that he MUST sign as pre-printed. Well it happens that he signed his name with a squirly line as he did on his drivers license. Of course I again remind him that it's important to sign as pre-printed..... in short, you can't make out his first, middle or last name when he signs .... BUT it is exactly as he signs on his drivers license.

I get a call yesterday from the title company saying that I have to have the borrower resign at my own expense because he didn't sign his middle name in full. Luckily I kept a copy of the drivers license for my journal - I reviewed it and said to the title company that I vividly remember this signing and that the borrower didn't sign is first name, middle name or last name in full -- it was just a squirly line etc.... They say that they will have to speak to an underwriter.

I took the copy of the drivers license and faxed it with a cover sheet underlining the same detailed info.

I called them several times afterwards and they have not returned my call...... any suggestions????

Reply by Charm_AL on 3/30/05 11:25am
Msg #28539

I think you did the right thing and good for you for having and sending a copy of his signature with middle included!....smart cookie. They shouldn't be calling you back as it seems they were mistaken Everyone has their own signature style. I haven't figured an easier way to sign my new last new yet, but darn it I WILL! lol

Reply by Charm_AL on 3/30/05 11:27am
Msg #28541

oops...new last name ...n/m

Reply by BrendaTX on 3/30/05 11:28am
Msg #28542

Re: oops...new last name ...n/m

I like to get a new last name about once every ten years.

(; >)

Reply by Art_MD on 3/30/05 12:37pm
Msg #28556

Re: oops...new last name ...

As long as you get half (or more) his oil wells in the settlement--right ?

Art

Reply by BrendaTX on 3/30/05 12:49pm
Msg #28560

Re: oops...new last name ...

I only wish it were so. Sometimes one has to be happy with the new last name.

Reply by AndreeaMI on 3/30/05 4:49pm
Msg #28626

Re: oops...new last name ...n/m

You mean to change a husband every ten years? )
Or for security purposes?

Reply by BrendaTX on 3/30/05 4:50pm
Msg #28628

Re: oops...new last name ...n/m

Isn't it the same thing??

Reply by jojo_MN on 3/30/05 1:23pm
Msg #28568

Are we allowed to keep copies of D.L.'s?

Reply by BrendaTX on 3/30/05 1:37pm
Msg #28571

Excellent point JoJo. Probably why Anon posted with "Anon."

Not passing judgment...just saying you have made a valid point...but as a practical matter, it helped that Anon could provide this information. Anon may have had to go back and get another copy.

Reply by Anonymous on 3/30/05 3:09pm
Msg #28591



YES -- exactly why I went Anon --- I do keep a copy of signature and staple it to my confirmations - after I receive payt, I move it to a Journal file with my notary stuff.

No one has said this is not legal..... and no one can give me a straight answer. However, now with the NNA's new software.... notaries are taking pictures and saving to computer as well as signature to computer files etc.... to keep accurate records.

Reply by Becky on 3/30/05 3:12pm
Msg #28595

Legal or not, if not necessary why carry the burden of liability?

Reply by Stephen_VA on 3/30/05 4:13pm
Msg #28608

My reading of the VA handbook tells me I am verifying the person's IDENTITY not their signature. So if the Lender wants their name clearly spelled out, I politely ask them to write it more clearly and say it is a requirement of the lender, which it is. I'm not an autograph specialist, it's not something I am qualified to use as a means of determining identity and the handbook does not say that it can be used to verify IDENTITY, which is my role.

Reply by Ted_MI on 3/30/05 5:00pm
Msg #28631

Re: query

Anon,

Did you ask the people at the title company if he signed his name exactly as it was printed (as they requested) how you were supposed to compare his signature on the docs to his signature on his driver's license? I don't think they would have had a very good answer.

I think keeping a copy of the driver's license was probably a very wise idea. Obviously in this situation it stood you in good stead.