Posted by Liz/MD on 5/27/05 5:05pm
Msg #40863

Licensed Title Producer

ARe there any other MD notaries who don't have this license and still close loans? It is ridiculous...I was a notary in another state for 7 years and now I have to go to school...in case title insurance might be purchased? Input please.

Reply by Diane on 5/27/05 6:26pm
Msg #40878

I don't see the need. I do plenty loans with such a license.

Reply by Traci/MD on 5/27/05 7:45pm
Msg #40891

I had to pay to get my license. Most notaries do not know the law.
The notaries who are completing refi's without LTP license are putting their notary commission at risk.
The big question is what happens to the borrower when a non license notary completes the signing?
Who is at fault? The notary? The signing co? The title co?

Reply by BLE/MD on 5/27/05 8:16pm
Msg #40895

I would like to know if there's an online course for this license?

Reply by Traci/MD on 5/27/05 8:22pm
Msg #40897

The book is made up by the Maryland Land & Title Asso.
I took the class 02/04. May have changed.

Reply by Loretta Reed on 5/27/05 8:25pm
Msg #40899

Re: Licensed Title Producer..I have my own pet peeve

I have been cleaning up this week for LTP that has no clue what she is doing.

I did 2 this week because of this. I'm not complaining about the money, I get good pay.
For example, I did one signing today, the husband was the only one on title, the wife happened to be present at the signing. This girl told the wife that she had to initial and sign
everywhere the husband did because Maryland is a "spousal" state and even if she was not on title, she needed to do it. The wife had a cow and did it any way.
The signing company called me to go out there tonight. The husband told me that this girl came out a couple days later, last Sunday, because she said that the title company sent some more paper work and they needed it signed before she could overnight the package. They called the loan officer and found out that she had all of the paperwork, she just didn't have them signed the first time.

Either these people get some experience or quit doing it. More work for me because of her mistakes, but she is going to make it harder in the long run on us because title companies will start making us do fax backs out of the ying yang.
The next one was because she was suppose to do the signing and never showed up, when they called her, she said that she forgot and would go out the next day. Needless to say, I got that job too. What a moron.

These title companies, where ever they may be from, better start learning the laws in each state that they provide closings for. The title company can get into a heap of trouble if they do not comply with this state requirement.

Reply by Traci/MD on 5/27/05 8:47pm
Msg #40905

When the state requirement are not complied with is the Title company the only one who suffers? What happens to The borrower?

Reply by BrendaTx on 5/27/05 9:35pm
Msg #40913

In this case...it's my guess is that the borrowers are just fine...it's the lender who may not have the valid lien they paid the title company to perfect.

Reply by Mary on 5/27/05 10:02pm
Msg #40918

I agree with Traci and Loretta. Just went out last night for clean up on loan. Notary was clueless. Apparently took her 2 1/2 hours to complete what I finished in 35 minutes. Still trying to get her name and check her out. She is from Eden, Maryland. So, just beware if I find out there is a notary is doing a loan closing I will turn them in.

I have too much time and training involved to let someone else do signings illegally.

Reply by Mary on 5/27/05 10:04pm
Msg #40919

This is not open for negotation. Maryland law require you be a LTP.

Reply by Mary on 5/28/05 6:53am
Msg #40958

Re: Licensed Title Producer - Apologies

My apologies to LTP in Maryland. Did not have facts. I cannot apologize enough. Suspect more to this story than what I am told my borrowers.

Reply by Loretta Reed on 5/28/05 8:13am
Msg #40963

Re: Licensed Title Producer - Apologies

I know her name and her address Mary. She is licensed. She is also very new at this.
I will email you her name if you want me to. She is making this bad on herself for not
getting experience or at least asking for help.

Reply by Loretta Reed on 5/28/05 8:15am
Msg #40964

Re: Licensed Title Producer - Apologies

The girl from Eden, Maryland is the same girl that did the closings that I had to clean up.

Reply by Loretta Reed on 5/28/05 8:17am
Msg #40965

Re: Licensed Title Producer - Apologies

I also found her profile. She says that she has 15 years experience in the bankings industry including loan signings.....hmmmmm.

Reply by BLE/MD on 5/28/05 8:43am
Msg #40968

Re: Licensed Title Producer - Apologies

You are so worried some woman's experience or lack there of, you have forgotten that you were once "new to the game"---stop being so petty. Back biting gets none of us anywhere.

Reply by Loretta Reed on 5/28/05 9:31am
Msg #40973

Re: Licensed Title Producer - Apologies

This has little to do with back biting. I would say this to her face. When I first started doing this, I was trained by an attorney. He taught me that if you go in and it looks like you have no idea what you are doing, you are not going to get the clients that you desire. YOu are only going to get people that are not worth your time or money. Forgetting to get docs signed, forgetting to show up and making mistakes that cost the title company money are not petty.
Making the mistakes more than once, twice and I have seen 3 times here are not acceptable, especially if someone "claims" to have years of experience. This particular LTP claims to have 15 years under her belt.

Reply by Loretta Reed on 5/28/05 9:32am
Msg #40974

Re: Licensed Title Producer - Apologies..one more thing

There is no online course for this licensing requirement.

Reply by BLE/MD on 5/28/05 10:11am
Msg #40977

Re: Licensed Title Producer - Apologies

Yes, this is about Back biting. Your policing fails to offer resolution. Perhaps, like all of us at one time or another, this notary just needs kind words and proper direction. Instead, there are others like you who wish to do nothing more than point out the negative aspects. If more people did something instead of just standing by and pointing out the obvious, maybe the world wouldn't be quite so bad. Yes, she may claim to have 15 years under her belt. But, have you asked why there is suddenly a problem? Maybe these are the issues that should be approached.
I bet you gossip, too.

Reply by Traci Love on 5/28/05 10:51am
Msg #40980

Re: Licensed Title Producer - Apologies

We help each other on the shore all the time. We pass work around to other LTP. We call each other for advice.

Anyone Covering Calvert or Cecil County? Tooo far for me. I receive calls all the time.

We are out here busting our hump with a legal license. How would you feel if someone was under cutting the fees & backdating? We all make mistakes. I think Mary’s was angry because she was told the lady in Eden was not a LTP.

Reply by BLE/MD on 5/28/05 1:05pm
Msg #40991

Re: Licensed Title Producer - Apologies

What are you talking about? I am not concerned with Mary's perfectly normal reaction to what she believed was correct information.??!! My comments were referred to Lorretta who felt the need to tear someone down without just provocation. Pretty much the same way you are trying to do with your response.

Reply by Traci Love on 5/28/05 2:03pm
Msg #40999

Wow! I must have hit a nerve with you. I was stated fact. When you get your license you might understand.

Reply by Traci Love on 5/28/05 2:05pm
Msg #41000

Wow! I must have hit a nerve with you. I was stating fact. When you get your license you might understand.

Reply by BLE/MD on 5/28/05 2:43pm
Msg #41005

I not only have my license, I have had it for several years. My, my are we catty?? It's not my nerve that got struck. You got caught putting your 2 cents into the tail end of a conversation and did not bother to understand all of the posts before you did so. Therefore, I ask, why are you so defensive? And why would my being licensed have anything to do with my thinking someone should maybe offer a helping hand to the poor woman who is having so many problems? Finally, I been putting myself through law school doing this (with an LTP), and I can assure you that upon graduation I will be looking for your name...to add to my NO NO list. And I think I will mention this to my sister...why? She owns a SS. Now you are dismissed.

Reply by Traci Love on 5/28/05 3:43pm
Msg #41017

Traci/MD & Traci Love - Same Person
Put me on whatever list you feel necessary.

Reply by Loretta Reed on 5/28/05 7:27pm
Msg #41051

Re: Licensed Title Producer - Apologies

I get your point. I should call her and ask her if everything is okay. Tell her that the signing services (as well as myself) are talking about her and the mistakes that she has been making and ask her if I can help. Yeah, I am sure that you would do the same for me, wouldn't you? Have you got a resolution since you put your opinion in the pot? I am not being sarcastic about this, I really do want it. I know for a fact who the LTP was that did the signings incorrect. I guess I do gossip. But, I will tell you one thing, I am not scared to say to anyone what I feel, even the person that I am gossiping about. Opinions are like behinds, everyone has one and I am not excluded.
I do not take my experience for granted and if I have a question, I call one of the attorneys that I work with for advice. I have owned my own business for several years and I am very proud of where I have come from. I really only wish the best for anyone that comes into this business. I turn away signings every day. I would like nothing more than to recommend this woman to a title company.
Why do you feel the need to react to me without provocation? I was originally responding to Vicki and Mary.

Reply by BLE/MD on 5/29/05 5:18pm
Msg #41143

Re: Licensed Title Producer - Apologies

It was not a reaction to you...it was a post to the board. If you are truly interested in helping others, it should be about that, not about being willing to help while not being afraid to talk about them. It's kind of like the t.v. commercial where the bathroom sink is overflowing...everyone stands around watching and complaining that something should be done...my thought is to be the one who turns off the faucet. See, it's not about reaction, it's about stepping and doing something. It was not a reaction to you, it is simply the offense to the defense you took. If you know the notary, call her, offer her some help. She might have personal problems preventing her from doing a good job. Or, she just might not have been as fortunate as you to have been taught properly. If recommending her is something you're not comfortable with. Would it be so terrible to offer her some help? Who knows, she might be someone who is afraid to ask for help, or shy, or just doesn't realize there's a problem. You can't know and you can't judge until you get all of the facts. I wish no ill will toward you or anyone.

Reply by Loretta Reed on 5/29/05 9:05pm
Msg #41158

Re: Licensed Title Producer - Apologies

I appreciate your opinion. It was very well said.