Posted by Sincere Notary MANTRA Solutions on 8/24/06 7:27pm
Msg #140665

What is the Last Day to Sign this month

Last Day to sign this month should be 28th August - so that 3 day period ends 31st August - but I have seen earlier that sometimes the most busy day will be 1 day earlier. So can we expect Friday, August 25 to be a busy day????????

Reply by Ndwa on 8/24/06 7:30pm
Msg #140667

WRONG...

It's the 27th so RTC expires on the 30th for the loan to fund on the 31st.

Reply by Victoria Moate on 8/24/06 7:59pm
Msg #140680

Re: WRONG...Wrong-er - 27th is a Sunday non-biz day

doesn't count

Reply by Ndwa on 8/24/06 8:10pm
Msg #140685

Re: 27th is a Sunday non-biz day...Victoria

What's wrong with borrower signing on Sat & Sun?

Reply by Kate/CA on 8/24/06 9:41pm
Msg #140737

27th signing is O.K.

RTC are 28, 29, 30 can fund the 31st. I totally agree!

Reply by MichiganAl on 8/24/06 10:05pm
Msg #140760

Did someone say you're an instructor??

That's frightening. You've got about five different arguments and you're wrong on every one. Who cares what day the docs are "drawn?" Are you honestly saying that docs can't be created on Friday but printed with Sunday's date? And you're saying because the RTC doesn't count Sunday, you can't do a signing on Sunday and dated for Sunday? And you're somehow calling it backdating? Not only have I had several Sunday appointments with docs dated for that day, I can name one company that I've worked for that has actually been open on Sunday for in house loan signings at month end during extremely busy times. Rock Financial/Quicken/Title Source. They haven't done it recently, but a few years ago when the re-fi boom was in full swing, they most certainly did (I've got about 20 friends that work there, I'll have them all call you).

Wanna see a rescission calendar? Here you go:
notaryclasses.com/EmailPDFs/RecissionCalendar.pdf

Look, you're mistaken. Flat out. The more you keep defending it with rubbish, the worse you look.

Reply by Charm_AL on 8/24/06 10:24pm
Msg #140775

Re: Did someone say you're an instructor?? YES Al...

check out her website on her profile here...
sounds like a KR I used to laugh at

Reply by Victoria Moate on 8/24/06 7:59pm
Msg #140679

It's the 25 to fund by the 31st n/m

Reply by Becca_FL on 8/24/06 8:09pm
Msg #140684

WRONG - It's Sunday the 27th n/m

Reply by Victoria Moate on 8/24/06 8:22pm
Msg #140690

Re: WRONG - It's Sunday the 27th

Becca, how do you come up with the 27th when that is a non-biz day and no lender I have ever done business with in 25 years has ever dated docs for a Sunday.

Please forward a copy of such a doc, I'd LOVE to see it. They date them for Sat., but not Sunday.

Reply by Becca_FL on 8/24/06 8:59pm
Msg #140704

Re: WRONG - It's Sunday the 27th

>>>Please forward a copy of such a doc, I'd LOVE to see it. They date them for Sat., but not Sunday.<<<

There is no doc, dear. It's a matter of counting...1,2,3.

BTW, many TCs, lenders and brokers work on the Sat. & Sun. that EOM falls on.

10,000 closings, Paralegal for how many years? Can you not count to three?

Reply by Victoria/NJ on 8/24/06 9:27pm
Msg #140723

Gee Becca

I guess you answered the question: no documents dated for a Sunday exist from the primary lender.

The fact that people work on the weekends has nothing to do with doc dates. I know lots of LOs who work weekends, however, did you ever try to catch a Primary's processor after 7 pm on a Friday? Or a Sunday to get new Lender Closing Instructions? Ain't happening.

Reply by Charm_AL on 8/24/06 9:31pm
Msg #140724

Re: Gee Becca

News, Victoria..."ain't happening" happens every day of the week after 7 for most!

Get this straightened out since you are calling yourself an instructor on your website, this is why TCs and SSs give us crap and make us fax and jump hoops to let them know it's right before we can actually send the docs in.

Reply by Victoria/NJ on 8/24/06 9:38pm
Msg #140733

Bottomline

I'd never send a closer out to do a closing if the docs were not lender dated for the day of signing. I have never received a Sunday dated package or received instructions from a lender to modify and sign a package on a Sunday.

Therefore, in my world, the last signing day is August 25th since that would be the last date the lender would draw a package for and they would send it to us by Friday to be signed the following day with the proper dates of the 25th.

Interesting to find out what the rest of the country is doing.

Reply by Victoria/NJ on 8/24/06 9:40pm
Msg #140735

Re: Bottomline

Sorry, dates of Saturday the 26. Duh.

Reply by Becca_FL on 8/24/06 9:37pm
Msg #140731

Re: Gee Vicky

I've done many a closing on a Sunday and on a Saturday and the docs ARE dated accordingly.

You are wrong, admit it, learn from it and move on.

Reply by Brenda/CA on 8/24/06 8:23pm
Msg #140692

Re: WRONG - It's Sunday the 27th

Sunday is correct, the 3 day RTC would end at midnight on 08/30/06 to fund on 8/31/06. Sundays don't count when calculating the RTC date, but it is still a business day as far as signings go.

Reply by Victoria Moate on 8/24/06 8:30pm
Msg #140694

Are we back dating here?

I am looking RIGHT at a RTC. It says 3 BUSINESS DAYS. In the mortgage biz, that means M, T, W, TH, F and Sat. No national holidays included.

If you are signing people this Sundays what is the date of the docs you are signing? It has to be one of the following: Friday Aug 25, Saturday Aug 26 or Monday August 28.

The lenders will NOT draw docs dated for Sunday. It is a non-business, non-banking day.

Last day to LEGALLY sign docs, within the FEDERALLY REGULATED RIGHT OF RECISSION period is August 25, Saturday. That gives you M, T, W for recission and funding on TH.

If you are backdating docs, I don't want to know nothin' about it!

Reply by Brasring_Ca on 8/24/06 8:51pm
Msg #140700

Re: Are we back dating here?

Pardon me here for putting in my 2 cents but, I am in California and have been doing this for over 400+ loans now and have done many signings on a Sunday. When filling out the RTC, you must fill in the date of the signing or correct the date pre-typed in to the current day of the signing and that includes if signing is being done on a Sunday. Then for the RTC date, you simply count your three days starting with the Monday, Tuesday and Wednesday's date would be placed in that section (unless of course there is a recognized holiday). Many people like to sign on weekends here as they are too busy for weekdays and so, Sunday signings are popular. Whatever works to accomodate the Borrower!

Jenifer

Reply by Brenda/CA on 8/24/06 8:51pm
Msg #140701

Re: Victoria

Who is back dating? Look at a Recission Calendar for August 2006 it clearly says if you sign documents on 8/27/06 the RTC ends at midnight on 8/30/06. Nobody is counting Sunday, the count is Monday=1, Tuesday=2, Wednesday=3! So that makes 8/27/06 the last day to sign to fund in August.

Reply by Victoria/NJ on 8/24/06 9:11pm
Msg #140710

What is the date of the docs?

If you are SIGNING on Sunday, what is the PRINTED date of the docs? I know it isn't the 27th. So, are you amending ALL the docs you are signing to Sunday's date? And, has the primary lender sent new Closing Instructions approving a change of date?

The RTC has 3 variables as to when the 3 business days start. The first is the date of the docs/ie signing date, the second is when they receive the TILs and the third is the date they receive the RTC notice.

If your docs are dated for any date other than the day you are signing, then A) the docs must have an extended expiration date on them (typically 10 days) or B) the docs must be re-drawn for the correct date of signing. Simply modifying the RTC without changing all the other dates ON the documents is not correct proceedure.

Perhaps CA uses the extended expiration date type of loan packages as the norm. Even then, I would question the validity of signing on a Sunday unless I specific written instructions in the loan package from the PRIMARY LENDER, not a SS or a TC since they are not the final say in the matter, only the lender is.

I still stand with the 25th since loan docs would never be drawn with a Sunday date.

Reply by Tina_MA on 8/24/06 9:19pm
Msg #140713

Re: What is the date of the docs?

>>>I still stand with the 25th since loan docs would never be drawn with a Sunday date.<<<


I have had signings on Sundays, with Sunday's date on the Mortgage.

Reply by Victoria/NJ on 8/24/06 9:20pm
Msg #140715

Re: What is the date of the docs?

Honestly Tina, I have never seen that. In 25 years. I'd love to know who the primary was. I could start picking up an extra day of closings here in NJ.

Reply by Sylvia_FL on 8/24/06 9:24pm
Msg #140718

Re: What is the date of the docs?

Victoria
Not all docs are date sensitive. Over the past 6 years I have had docs sent to me that are not date sensitive and so have had them signed up to a week after the date on the docs.
No backdating, the borrowers date their signatures the day they are signing, and the notary certificate reflects the date they are signing. No one even suggested backdating.
The three days RTC says nothing about the date of the docs, it says from the day the borrower received the docs.

Reply by Charm_AL on 8/24/06 9:27pm
Msg #140722

Re: What is the date of the docs?

Ah Ms. Sylvia...now there's a woman I have grown to trust! If she said tell the borrower to jump in a lake before a signing, I would. There you have it, spoken from the Notary Community one and only! You need not look any further. Cased closed.

Reply by BrendaTx on 8/24/06 9:31pm
Msg #140725

Re: What is the date of the docs? Thanks Sylvia -

I agree with Charm...Sylvia says to wear bunny ears and a power puff on my rump to the signing, well, baby, call me "Cottontail,' because I'm a-hoppin'.

Reply by Charm_AL on 8/24/06 9:33pm
Msg #140726

Re: What is the date of the docs? Thanks Sylvia -

can I get a pic?

Reply by BrendaTx on 8/24/06 9:42pm
Msg #140739

Re: What is the date of the docs? Charm...hopefully Sylvia

won't require me to do it.

Reply by Becca_FL on 8/24/06 9:41pm
Msg #140736

Re: What is the date of the docs?

>>>Simply modifying the RTC without changing all the other dates ON the documents is not correct proceedure.<<<

Victoria, are you a Paralegal or an Attorney? As a Paralegal, Notary or Signing Agent this is not your call, period.

Reply by Victoria/NJ on 8/24/06 9:43pm
Msg #140740

Re: What is the date of the docs?

Becca, the rest of the docs have to match the RTC dates. How else could the package be properly signed? What dates would you use? You can't have different dates on the same loan package.

Reply by Becca_FL on 8/24/06 9:45pm
Msg #140742

BS, that's all I have to say about your response. BS! n/m

Reply by MichiganAl on 8/24/06 10:14pm
Msg #140768

Have any of your supposed 10,000 signings been for Nutter?

Ever seen one of their packages? They've got about four different dates on them. 25 years and 10,000 signings? Pshaw.

Reply by Becca_FL on 8/24/06 9:02pm
Msg #140707

Yo Vicky!

>>>I am looking RIGHT at a RTC. It says 3 BUSINESS DAYS.<<<

You are correct, but the RTC does NOT start until the next day. Get out your fingers here...Monday=1, Tuesday=2 and Wednesday=3. Whalla...loan funds Thursday the 31st.

This is not brain surgery.

Reply by Victoria/NJ on 8/24/06 9:17pm
Msg #140712

Re: Yo Vicky!

Becca, the issue isn't counting days, a monkey or an attorney, for that matter can do that. LOL

The ISSUE is the date the docs were drawn. I will bet my notary stamp AND title license that the lender dates are NOT the 27th. They are going to most likely be the 25th or 26th.

So that puts into question, has the notary gotten proper authorization to change dates reflecting a Sunday closing and will the primary lender accept the marked up docs since ALL the dates will need to be changed and initialed?

Most primary lenders will say "NO" to a Sunday closing. It is considered a non-business, non-banking day and they don't draw the docs for Sundays.

Last signing banking business day is the 25th. I'll call WAMU or any other primary lender in the am to get their take on it. I'll let you know what they say.

Reply by BrendaTx on 8/24/06 9:23pm
Msg #140717

Re: Yo Vicky!

Victoria - which date are you talking about? If you are talking about the one on the rescission notice...the one where they are signing the document, that's been 4th of July once upon a time and one on a Sunday for me. That's been it.

I don't even have a dog in this race, but here's the deal...you don't misspell a lot of words, use poor grammar, or start crying easily, so I am interested in why there is a discrepancy here.

Reply by Becca_FL on 8/24/06 9:53pm
Msg #140750

Re: Yo Vicky!

>>>Most primary lenders will say "NO" to a Sunday closing. It is considered a non-business, non-banking day and they don't draw the docs for Sundays.<<<

Call whomever you wish. You are still wrong. I've done WaMu, IndyMac, WellsFargo, Chase and yes, even an Ameriquest on a Sunday WITHOUT changing any other date but the RTC.

Vicky, you are wrong, learn from it. I would hate it if you got a call for a closing on Sunday and argued the fact that you could not close the loan because it was "considered a non-business, non-banking day and they don't draw the docs for Sundays. Paleeeese.

You've been at this how long? Here's a tip, check your RE Paralegal/EO hat at the door when you embark on Notary Signings. Ms. Sylvia gave me that advice 2 1/2 years ago and it was the best advice I ever got in this biz.

Reply by BrendaTx on 8/24/06 10:33pm
Msg #140785

Re: Yo Vicky! - Becca

**You've been at this how long? Here's a tip, check your RE Paralegal/EO hat at the door when you embark on Notary Signings. Ms. Sylvia gave me that advice 2 1/2 years ago and it was the best advice I ever got in this biz.**

I gave that advice out today. It's the truth. You just do what you do, do what's notary-correct, speak when spoken to and collect your check.

Reply by Becca_FL on 8/24/06 11:13pm
Msg #140798

Brenda, True Dat Be-otch! n/m

Reply by NCLisa on 8/24/06 11:27pm
Msg #140803

Re: Yo Vicky!

If a lender has date sensitive docs, then they will draw docs for the day they are to be signed. If the docs are not date sensitive, then the dates of the docs don't have to be changed. Wearing my EO & RE Paralegal hat now.... We never changed the dates of the docs. If a closing is not taking place on the scheduled date then the first question to the lender was "Are the docs date sensitive?". If not, then you change the date of the RTC only. If they are, the lender redraws. Even certain lenders like WF have branches where docs are date sensitive, and others where they are not (which was really annoying).

Now as an NSA, the date on the docs does not concern me at all, only the date on the RTC and my acks. If the docs were date sensitive, the TC would have already dealt with that. As an NSA I should not be concerned at all with the lenders instructions to the closing agent, that isn't my business, I am not preparing the settlement statement, or a party to the transaction. I am there to explain to them what they are signing without opinion or advice, and to notarize their signature.

The last business day to sign would be the 26th. Signing on a Sunday, counts as if you were signing on a Monday. Saturdays are business days in the banking world these days.

Reply by CaliNotary on 8/24/06 11:45pm
Msg #140807

What are you talking about Lisa?

"Signing on a Sunday, counts as if you were signing on a Monday. Saturdays are business days in the banking world these days."

This is completely untrue. Signing on a Sunday counts as if you were signing on a Sunday. For recission purposes it's the same date as if you signed on Saturday.

Reply by NCLisa on 8/25/06 7:31am
Msg #140834

Re: What are you talking about Lisa?

At the law firms I worked at here, we had to count it as it were signing on a Monday, so while the first date was Sunday's date, we counted the 3 days out from T, W, Th. In CA as an EO, it counted as a Sunday. It is "state specific". As an NSA, the only 2 Sunday signings I had, had Sunday's date on the RTC, and counted out as if the borrower had signed on Monday, just as if they signed on a federal holiday.

Reply by NCLisa on 8/25/06 10:54am
Msg #140878

Forgot to say

That the reason that attorney's do this, is that the intent of the RTC is to give the borrowers 3 full business days to either find a better mortgage, talk to the lender and make themselves happy, or cancel. It is almost impossible to get ahold of the lender on a Sunday, so by starting the recision period as if they had signed on Monday morning, they still have that same 3 business day period of time. No way to void the loan after the fact that way.

One of the reasons notaries should beware of backdating acks, is that if the borrower does not have 3 full business days to cancel, and decide they made bad decision, or realized they were being ripped off, the loan can be voided at the lenders expense and that is messy.

Reply by CaliNotary on 8/25/06 1:23pm
Msg #140927

Re: Forgot to say

But that's why the RTC doesn't count the day you sign. If you sign on Sunday you do have 3 full business days - M, T, W - to do whatever it is you need to do.

Reply by NCLisa on 8/25/06 10:40pm
Msg #141059

Re: Forgot to say

If you sign on a Monday, the you count T, W, Th. That gives you an extra day that using a Sunday would not. I don't know if there is any case law on that point being used in court, but I'm going to presume that there was, that is why they are all so careful.

Reply by CaliNotary on 8/25/06 11:59pm
Msg #141072

Re: Forgot to say

The RTC guarantees 3 full business days, that's all. I'm quite sure that none of the lenders care about giving anybody extra time beyond that, and I can't possibly imagine a court case where somebody would prevail because they didn't get more than 3 business days.

Not to mention, if the criteria is worrying about being able to contact lawyers, lenders, etc, then why wouldn't any loan signed after business hours give the same extra day? Doesn't signing a loan at 8pm on a Monday give you the exact same limitations as signing one on a Sunday would?

Reply by Charm_AL on 8/24/06 9:20pm
Msg #140714

Re: Are we back dating here? WOW

who is turning out the know-it alls these days???

3 days....any rescission calender will tell you...The 27th is the last day to sign to fund by the 31st.

GeeezX - when did this become rocket science???

Backdating? Victoria - I hope you are not even going there with Becca or anyone else for that matter...national holidays??? It's FEDERAL holidays oh Notary Guru!

Reply by GWest on 8/24/06 9:46pm
Msg #140745

Re: Are we back dating here? WOW

Who cares what the date of the documents are? As long as they are dated the date of signing or before there is no problem. I don't know the rules of any other State as well as I know CA, and since 1975 this has not changed, but date of doc's doesn't matter unless they are dated after date of signing.
I go with most on this board, 27th is EOM.

Reply by Sylvia_FL on 8/24/06 10:10pm
Msg #140766

Re: Are we back dating here? WOW

Grace
At one time Iwould have agreed with you, however one company (can't remember which one now) sends the docs to the borrower and tells them to find a notary and that company's docs are often dated after the signing date - they have an effective date. PAW can explain this better than I.

Reply by Kate/CA on 8/24/06 9:54pm
Msg #140752

Re: Are we back dating here?

We are not backdating. Maybe in NJ docs need to be dated the day of the signing, but many states do not have that requirement, generally it is just a lender requirement if they want the documents signed on the date they are issued. I have had borrowers sign docs that were dated a week before. The borrower and I still put the day we sign them on the document. As such, Deed of trust dated Aug 17, 2006, signed Aug 24, 2006. Happens all the time. That is not backdating. Back dating is when documents are signed on Aug 24, 2006 and I or the borrower would put Aug 23, 2006 or any other date prior to Aug 24, 2006.

Reply by KJ_CA on 8/24/06 10:50pm
Msg #140790

Re: Are we back dating here?

Signing documents on a date before the date printed on the security instrument will be consider backdating. The ultimate entity which could determine if docs could be signed on any given is the lender. Escrow or the LO would communicate the requirement (from the lender) to the SA. Also we are assuming this to be primary residence docs on a refinance transaction. If it is a investment property or a purchase transaction it could be signed the 28th, 29th or 30th and still fund be the 31st..

Reply by Kate/CA on 8/25/06 2:19am
Msg #140820

Re: Are we back dating here?

I gave an example if the documents were printed Aug 17, 2006 and the signing is Aug 24, 2006 and are dated that day, that is not backdating. Victoria is confused in that she is use to signing documents on the that they are dated for Aug 24, 2006 and signing Aug 24, 2006.

Of course it is up to the TC or the Lender what day the borrower signs, that isn't the issue of this discussion. The SS or the TC generally calls us to sign on a certain date, if we received the documents on the 24th, and they were issued the 21st, we can still sign on the 24th or as this discussion started out on the 27th and still close this month.

Reply by ReneeK_MI on 8/25/06 4:47am
Msg #140826

Re: Are we back dating here?

You posted: "Signing documents on a date before the date printed on the security instrument will be consider backdating"

This is incorrect.

As it relates to a SA, back-dating is when you, THE NOTARY, date your ackn. or jurat a date prior to the day YOU perform YOUR notarization. Back-dating is to certify by your notarization that the borrower signed everything and stood before you on a day PRIOR TO the day he actually did. Back-dating an RTC is not necessarily performed by YOU, but if it IS - it would be to participate in an illegal representation of the facts. Moot point - if you don't back-date the notarizations, then the RTC would be non-compliant regardless.

Back-dating has nothing to do with anything other than what is contained in the above paragraph. Loan documents CAN have a "transaction" or "effective" date IN THE FUTURE. Dating them the actual date of signing is NOT back-dating, is not illegal, and for Pete's sake yes, the documents do exist.

Reply by KJ_CA on 8/25/06 10:05am
Msg #140867

Re: Are we back dating here?

The actual definition of back-dating is as stated in your post. However if documents were printed with a date in the future and they are signed prior to that date the lender may consider the docs to be back-dated.

Lender does not know the actual date in which the signing took place and would assume they were signed on the date of the docs but with an earlier date. I have seen them classifying this situation as back-dating. Not my definition, just their interpretation.

In this case nothing illegal done by the SA, unlike the definition in your post. However, a redraw will be required as the original signed docs are invalid. This is a common mistake I have seen by SAs. Sometimes Escrow sends docs out for signing, they do not look at the date on the DOT. Docs get back to escrow and some one determines the docs were signed early.

My point, which was not the reason for my earlier post, we as a SA must check the date on the security instrument to avoid a potential of a rejected set of docs by the lender after signing.

Reply by ReneeK_MI on 8/25/06 1:39pm
Msg #140936

Re: Are we back dating here?

Hey, KJ =)

I just want those w/ less experience who are reading all of this to know that sometimes, things are not as they might appear. There are instances where some lenders will intentionally date docs for a future date, knowing full well they will be signed or partially signed prior to that date.

Case in point: Husband in CA, Wife in MI, refi transaction date can be put ahead into the future, for the date the second signer will be signing. Docs then sent to first signer AHEAD of that date, signed/dated day they sign. Docs then sent to second signer, who signs on the transaction date. This is just one situation where "future dating" is commonly used, and there are all kinds of unique situations out there.

A rose is a rose, as they say - but in my years, this has always been called "future dated docs", and "back-dating" is used for the Bad Thing. I most DEFINITELY do not want to debate on the issue of jargon - only want the 'Newbies' to glean as comprehensive an understanding as they can. To lots of them, "Back-dating" = BAD, but they're really not CLEAR what constitutes the BAD type of "Back-dating'. =)

Reply by JanetK_CA on 8/26/06 3:59am
Msg #141087

Re: It's the 25 to fund by the 31st - NOT

I've run into many a situation where I was asked to handle a signing but scheduling looked like it might be a problem going into a weekend. In those situtations, I ask the LO or EO (depending on who my client is) if Sunday is an option. Reasons it might not be could include date-sensitive docs (seldom the case with my key clients), an expiring rate lock or doc expiration, or a too busy schedule on the part of the borrower. But NEVER because of an RTC issue. If Saturday is acceptable for RTC purposes, Sunday will be automatically, as anyone who understands an RTC schedule will realize. If the transaction date on the RTC doc is not correct, then I will just have the borrower correct it and initial it - unless the lender has explicit instruction to not correct it. (Rarely the case.) The final determining factor of when the rescission period ends is ultimately determined by the date next to the borrower(s) signature when they actually received and signed the document.

Reply by Victoria/NJ on 8/24/06 9:45pm
Msg #140744

Thanks for the workout

I am leaving the office now. Enjoy the weekend.

Reply by CaliNotary on 8/24/06 11:46pm
Msg #140809

Not willing to concede you're wrong?

Or are you stubbornly holding onto the fact that you're right and every single other person who posted in this thread is wrong?

Reply by MichiganAl on 8/25/06 12:06am
Msg #140811

Remind you of anyone else? n/m

Reply by Roger_OH on 8/25/06 12:58am
Msg #140814

Re: Thanks for the workout - you need a bit more...

I have 2 signings this Saturday; docs are dated the 26th and RTC date is the 30th. I've had numerous Sunday signings the same way; the RTC is always dated for the signing date, even if on a Sunday or federal holiday (yes, signings do happen on those days too!). There are also a number of companies where the docs are not date-sensitive and the RTC is dated on the day of signing, which may be 5-7 days or more after the docs date. E-Loan and Wells Fargo are like this, with the latter telling the borrowers to find their own notary.

Your stubborn refusal to consider that the rest of the country responding here may just be right and your approach may be wrong seems inconceivable to you (NO ONE has agreed with you - does that tell you something? These are very seasoned people!), and I'm at a loss to understand it.

It sounds like you could be a positive contributor to this board, but it would help if you'd respect what people are trying to get thru to you, and LISTEN to them.

Reply by Rhonda Skansi on 8/25/06 3:20am
Msg #140822

Re: Thanks for the workout - you need a bit more...

I'm kind of a newbie - and I even knew the last day to sign was Sunday. (just thought i'd give my input) -feeling left out

Reply by PA_Notary_II on 8/25/06 2:04pm
Msg #140948

Re: Last day is...

Oh, I might as well chip in my 2 cents. Cali gave the best answer in that the day of signing is not counted in the rescission period. The problem, as I see it is that Victoria is not willing to concede that IF a lender were to o-nite a package to a Notary with all docs dated 08-27-06 and they were signed on Sunday (which is perfectly legal and acceptable) then the RTC would begin on Monday, followed by Tuesday and Wednesday resulting on the funding occuring on Thursday....the 31st of August. Just because you've never done it doesn't mean that it can't , couldn't, shouldn't wouldn't be done. I've done it and I'm sure countless others have. Initially I reacted the same way when asked to close on a Sunday until the TC said it was legal and I verified it with my SOS. Victoria....don't be such a hardhead. Call your SOS and verify it.