Posted by MaryP/PA on 8/18/06 11:48am
Msg #139326

Countrywide - date stamps?

Does anyone know about Countywide wanting us to use date stamps now instead of the customer printing the date themselves? The guy from Silk Abstract just mentioned to me that if the date is illegible it will delay funding of the loan. He said they have been requesting that for 6 months now.

Reply by Tina_MA on 8/18/06 11:54am
Msg #139329

I've heard of this request before, but not from Countrywide.

The company that requested the dates be stamped, included a date stamp in the package.

Reply by Charm_AL on 8/18/06 11:55am
Msg #139331

I do many CWs and have never heard of that. In fact, I deal with a company whose biggest client is CW and I just asked her...'new one on her' was her reply.

Reply by SLB SIGNING SERVICES, INC. - Sherry on 8/18/06 11:57am
Msg #139332

YES.....

One of my clients primarily works with Countrywide and they REQUIRE date stamps and split packages....They (my client) have been requiring this for about 4 months now.

Reply by cassiewi on 8/18/06 12:07pm
Msg #139334

I have had one cw like this. They gave the borrower the option. The other ones I've done have made it clear that the borrowers need to print the date neatly. I think it depends on who's handling the loan.

Reply by PE on 8/18/06 12:39pm
Msg #139340

I have down multiple CW loans for different Title Companies, Some require the stamp and others dont. I get in the habit of asking now at the confirmation, stamp-yes/no

Reply by Brenda/CA on 8/18/06 12:57pm
Msg #139347

I do a large number of Countrywide, some require split packages, none have required date stamps.

Reply by BrendaTx on 8/18/06 1:10pm
Msg #139353

OMG - things do change! Once upon a time in a land far, far away, no date stamps were accepted!

Note:
When doing CW loans one MUST learn to
print like Arial Font 10pt - 12pt - 14pt
depending on document.

Reply by Charm_AL on 8/18/06 1:17pm
Msg #139360

Now if they'd talk signature stamps, I'd be real happy!