Posted by ms/IL on 4/19/07 3:17pm
Msg #186006

Diversified Settlement Services

Has anyone worked for this co? Can't find anything when I searched. Any comments would be appreciated. Thanks in advance!

Reply by ML/PA on 4/19/07 3:36pm
Msg #186012

Which one?

One does not pay anything if the loan does not fund, not even a print or trip fee. They were located in Bristol, PA . I found out when I did a closing and it did not fund. Maybe they changed their policy if this is the one you are inquiring about. I know there are a few others with a similar name.

Reply by jlissem on 4/19/07 5:40pm
Msg #186030

Re: Which one?

Please I.D. with address

Reply by ms/IL on 4/19/07 5:57pm
Msg #186033

Re: Which one?

This is the one in Bristol, Pa. When I received my confirmation stating that if the loan does not close there will be no payment, I called them and told them I would not do the closing. They are the only company that I have ever had a confirmation stating this. I refuse to take the chance of printing out docs, signing all of the documents, and not getting paid. The scheduler seemed surprised that I was calling and canceling!

Reply by ML/PA on 4/19/07 7:05pm
Msg #186038

Wise Move

I recall the borrowers had no clue of the particulars of their loan. (ie: ARM, Prepayment penalty)In that case why am I wasting my time, wear and tear on my car, gas, paper & toner because the LO was hoping it would stick ? I usual find a certain pattern with the same TC & lenders (who are usually affiliated) that seem to have uninformed borrowers until I arrive with the paperwork. No thanks.