Reply by lindab on 4/13/06 1:06pm Msg #113364
Yes it has been very slow for me. So far this week I haven't done a single closing unlike the first 3 months of the year. I am in Indiana. Is anyone else experiencing the same? I kind of like it. Gives me time to work on my yard. Probably won't be as happy when I don't have any checks rolling in, but, that's the way it goes.
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Reply by Dee_Fla on 4/13/06 3:09pm Msg #113408
it has not been slow down here in Florida, at least my part of the woods. I've done quite a bit, that my board is already full and it is not the EOM yet. I might have to redo my board to make more room. I think it depends on the rate and what is acceptable...fixed and various.
however, I've had at least 3 cancelled at table cuz the rates were incorrect and some other info. I had one when the LO failed to communicate with the borrower for over a week, so the borrower didnt even know the closing was gonna happen until i called. She had no clue what the rate was, the payment, etc...they did not communicate anything to her. There were just to many red flags and she refused to sign. i'm wondering if some lenders and/or TC are rushing or pressuring ppl to sign and not watching what they are doing.
One couple (from night before)...was just so upset how the LO did things, and they keep catching as much red flags as the other couple (the next day) and was back and forth with the LO on the phone and even the SS tried to talk them into signing. (which i dont think it was his job to do).
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