Reply by MonicaFL on 1/16/06 4:56pm
Msg #88695
If that is what I think it is - the borrower, if they want their proceeds wired to their bank account then they will enter the information requested. The companies also usually ask for a voided check (blank check - draw a diagonal line thru it and write the word "VOID". They should NOT sign that check). Some of the companies require either that or they might even say they will take a deposit slip. The information on these documents show the bank/title company/mortgage company where to wire proceeds funds. Hope this helps.
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