Posted by bigdog on 7/12/07 11:19am
Msg #199562

1003 ?. Do you........

Have the borrower sign the fourth page of the 1003 when it is blank, or says no further info.? I was told a long time ago it wasn't necessary to have them sign it if it had no info on it. Is that correct?

Reply by Rachel/ORWA on 7/12/07 11:27am
Msg #199564

I had an edoc signing recently, where the last page was not included; upon enquiry, the title company told me not to worry about it, as it wasn't necessary. So I didn't.

Reply by ZeeCA on 7/12/07 11:37am
Msg #199565

i have one client that instructs it to be signed...others not

so, my suggestion would be to ask

jmo

Reply by NCLisa on 7/12/07 11:39am
Msg #199566

I have them sign it and if there is no info in it, they line through the empty space.

Reply by dickb/wi on 7/12/07 1:04pm
Msg #199579

exactly what i do lisa..... n/m

Reply by DebbieT on 7/12/07 1:41pm
Msg #199586

Yep. Me to. Big X in the middle.

Reply by Ernest__CT on 7/12/07 1:46pm
Msg #199587

I'm in the "Put a big X on it" school. n/m

Reply by Julie/MI on 7/12/07 3:11pm
Msg #199608

absolutely not!!!

The borrowers are given copies of everything they sign.

The document is NOT notarized therefore, out of our realm of responsibility.

I cannot believe anyone would put an X there, the 1003 is four pages whether you need them or not (sometimes you need more). It's only used if the credit report overflows onto so what harm are you all trying to prevent?

Reply by bigdog on 7/12/07 3:20pm
Msg #199612

Re: absolutely not!!!

Thanks for all the imput. The SS was throwing a fit that it wasn't signed. I told them to include that in their instructions next time. First time I've ever had a complaint.

Reply by LJ on 7/12/07 3:29pm
Msg #199617

Re: absolutely not!!!

In 2 years and hundreds of signings, I always put a line through this blank page and have them sign it. It has never, ever come back. Sometimes the borrowers names are pre-printed on this last page whether or not there is information on it or not.

Reply by Loretta Reed on 7/12/07 4:22pm
Msg #199632

Re: absolutely not!!!

After 11 years, I have always had them sign. I leave it blank unless the borrower (only one time in 11 years) had a problem with it and I did draw a line across the blank page. Didn't hear the title company complain about that.

Reply by NCLisa on 7/12/07 4:30pm
Msg #199633

Re: absolutely not!!!

I put a line through it for 10 years as an EO, and for 7 years as an RE Paralegal. So that is what I do as a signing agent.

Reply by Sylvia_FL on 7/12/07 9:27pm
Msg #199657

Re: absolutely not!!!

A lot of my borrowers have been military or retired military and when they have come across that blank page, many of them have put a big X through it and even initialed at each point of the X.

Reply by BetsyMI on 7/13/07 8:10am
Msg #199698

I put a line through it also

to prevent anything from being added later. Makes the borrower feel more secure also if they are going to be signing a blank page.