Posted by hcampersFL on 11/14/06 5:22pm
Msg #159979

Chris von Nieda @ LoanSigners Inc. Question?

I have reposted this because it had feel off the page.
Sorry if it offends anyone.


Re: Your checks are on the way Ernest~Chris
Posted by hcampersFL of FL on 11/14/06 5:06pm
Msg #159962

Please explain the way you decide who gets paid first? I completed my assignment with your company perfectly including updating your web-site and sending in my invoice the next day. Why would someone that didn't follow your procedures be getting paid before me? Is the squeaky wheel getting the grease?

No offense Ernest!

Beverly Nichols

Reply by Ernest__CT on 11/14/06 5:26pm
Msg #159981

No offense taken!

I, too, received an email message that checks will be sent. I'm waiting. When they arrive I'll try to remember to Post here. Better than that I cannot offer.

Reply by Hugh Nations Signing Agents of Austin on 11/14/06 5:43pm
Msg #159989

LSI's performance on payment

In March, I agreed to participate in a new program LSI was setting up with a builder here in Austin. I was to close loans for new homes in the office of the builder's title company. The idea was that I would be given X number of loans each day, all to be closed on site, and because all I had to do was notarize, I would do it for a reduced fee per loan.

I hated it. The process excluded everything that I enjoy about being a signing agent. On top of that, it was a bookkeeper's nightmare. Sometimes I would go in, and every loan had cancelled. Sometimes, only one or two would be ready to close. At other times, I would be scheduled to do several loans, but the title company substituted other loans than the ones scheduled. The title company would give me the assignment without going through LSI. After a week, I didn't want to do it anymore.

However, LSI still owed me quite a bit of money. They paid it all except for several loans that my books showed were owed, but which I could not verify or ever say with any conviction that the money was truly owed. LSI's books showed differently from mine. Yesterday I received a check for at least one of the loans I contend was owed. We'll see about the others.

If, though, under the circumstances that obtained in my case, LSI is still trying to get square with me for signings from seven months back, I have absolute confidence that they will treat others with similar consideration. Especially is that true since I couldn't have challenged them if they refused to pay.

Reply by Sylvia_FL on 11/14/06 7:39pm
Msg #160026

Re: LSI's performance on payment - Hugh

Are you referring to Loan Signers Inc, or LSI? LSI (Used to be Fidelity) is a company that I have worked for for around 6 years and never a payment problem. Loan Signers Inc is a different company.

Reply by Hugh Nations Signing Agents of Austin on 11/14/06 8:08pm
Msg #160038

Re: LSI's performance on payment - Hugh

I don't know, Sylvia. I carry them on my books as LSI. Don't know if I have ever done any business with the company you refer to. However, if I'm using the wrong acronym, I'll certainly change my books.

Reply by Chris von Nieda on 11/14/06 7:40pm
Msg #160027

Re: LSI's performance on payment

Hi Hugh,

Thank you for the work you did for us back then. I remember several discussions you and I had as it was an unsual way for both of us to do business. For the record, I hated that batch of business as well. It was a nightmare for all of us. But it was a lot of business and it helped forge a long term relationship with the client. When a big client calls and says "hey we want you to close a ton of loans for our year end"...what do we say? No? It could have been much worse...trust me!

Anyway, thank you for pitching in your 2 cents and giving us a little credit publicly. Everything you said is true...if we owe you, we pay you.

Thanks again,

Chris

Reply by Chris von Nieda on 11/14/06 7:28pm
Msg #160023

Hi Beverly,

If the signing was completed (or not in most cases) we pay. We have never been a company that deducts for procedure violations or minor issues in the notaries performance. Honestly if we did that it would probably be about half the signings. Thank you for completing the signing as we asked.

As far as "who gets the money first"...we put everyone's name in a hat and decide that way.

All kidding aside there are certain things I am willing to discuss publicly and that isn't one of them. The bottom line is we are paying as many notaries as we can as fast as we can and squeaky wheels are not going to change that.

- Chris

Reply by SueW/Tn on 11/14/06 7:34pm
Msg #160025

Chris, I think Beverly asked a perfectly valid question

It almost appears as if your attempt at humor "we put everyone's name in a hat" hits the nail on the head. I'm waiting on payment that goes back to 8/22. Without divulging your accounting method, would you at least shake your head twice if you're up to the August invoices yet? Inquiring minds want to know. Thank you.

Reply by Chris von Nieda on 11/14/06 7:45pm
Msg #160028

Sue - Shake Shake n/m

Reply by SarahBeth_CA on 11/14/06 8:16pm
Msg #160049

What

Pay your bills Chris. Lord knows we have to. The sob story in your email isn't the sa's concern.

Reply by LkArrowhd/CA on 11/14/06 7:49pm
Msg #160029

Re: SueW/Tn dang you have a great sense of humor.....how's

the BP?