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# of pages in document packages - venting
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# of pages in document packages - venting
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Posted by Notary_OH on 10/3/06 5:23pm
Msg #150016

# of pages in document packages - venting

Why is a "Navy Federal" equity loan less than 20 pages?
Why is a Citibank equity loan 40 pages?
Why is a Countrywide 90+?

A prize for the best punchline.



Reply by LIZ/VA on 10/3/06 5:35pm
Msg #150018

Countrywide underwriters have too much time on their hands??

Reply by Lee/AR on 10/3/06 6:11pm
Msg #150022

Government, Prime, Sub-prime.

Reply by PAW on 10/3/06 11:37pm
Msg #150075

Navy Federal is not the government, even though there are times you would think so. But, the reason I think their packages are so small, is that they already have 90% of the stuff that's in all the other packages. They only provide their loans to their members as part of their membership, so there is no need to repeat (and kill a few trees) the information that's already on file.

Reply by David Kral on 10/4/06 2:43am
Msg #150086

Countrywide's paperwork needs to cover the entire country!

Reply by PAW on 10/4/06 8:59am
Msg #150117

Yep, laid end-to-end ...

... a package would stretch from Seattle to Miami. Smile

Reply by Gary_CA on 10/4/06 10:29am
Msg #150136

and it only costs $2.25 to print... ITS A MIRACLE n/m


 
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