Posted by PL on 4/18/06 8:09pm Msg #114343
Things are tough all over
Opened up my email and these fine folks sent the following:
SUBJECT: Schedule of Standard Fee’s To keep up with rising interest rates, the slow down in the industry and competition in the market place, we have had to restructure the fees with some of our clients and therefore have to restructure the fees we pay out to our signing agents/vendors. The new structure of standard fees is as follows for a signing that is within a 25 mile radius from the signing agent
If docs are sent overnight to either the borrower or notary:
One loan $50
Each addt. Loan $25 If docs are sent email:
One loan $75
Each addt. Loan $50 Thank you, Executive Closing Services, Inc.
Well, looks like there is one less company to do business with. I do wonder if the Settlement statements will reflect the lower cost to the borrower, my hunch is it won't.
|