Posted by CopperheadVA on 6/23/07 6:55am
Msg #196600

TIL without signature line

I have gotten a couple of TIL's lately without the signature line. This doc always has a signature line with date in my experience. Has anyone else seen this?

Reply by Lee/AR on 6/23/07 7:08am
Msg #196601

Haven't seen it--yet. Add signature lines, add $10 to your fee for 'TC/Bank error' & tell 'em you won't work with them if they don't clean up their act. Just kidding....

Reply by PAW on 6/23/07 7:25am
Msg #196602

NEVER add anything to any document without approval and written confirmation to do so. Per Title 12, signatures on disclosures are NOT required. Only that copies be "delivered" to the consumer.

However, I don't remember ever seeing a TIL that didn't have signature lines on it. Make sure the TIL is complete and not cut off, due to improper scanning or printing. Also, check to see if it is a 1 page, 2 page or 3 page TIL. It may be that the signature is only on the last page, which is usually the Itemization of Amount Financed, and typically has its own signature lines.

Reply by CopperheadVA on 6/23/07 7:34am
Msg #196604

It was page 1 of 2, but page 2 only had the TIL definitions and an initial line. I did check while printing to see if doc was cut off and such - it wasn't. There simply was no signature line.

Reply by Bob_Chicago on 6/23/07 7:44am
Msg #196605

Had one just like that this week. Do not recall lender. n/m

Reply by CopperheadVA on 6/23/07 8:14am
Msg #196610

Re: Had one just like that this week. Do not recall lender.

Mine was Bank of America.

Reply by Bob_Chicago on 6/23/07 7:29am
Msg #196603

Seen it a few times. Sometimes they have a spot for

nitialas on page 2.
Not reqd that it be signed by any regulation that I
am aware of .
A signature, where reqd on the printed doc, constitutes a receipt.
Don't think it's a great idea for lender not to require a dated
receipt, but not NSA's problem.
I think that Lee was kidding about adding a signature line. That
would be a no-no in this case IMO

Reply by PJM/MI on 6/23/07 7:50am
Msg #196606

Been seeing it, too

With initial line on page 2.
I have noticed I'm not getting the "what have you been doing for the past 10 yrs?" form anymore.

Reply by jba/fl on 6/23/07 7:57am
Msg #196607

Re: Been seeing it, too

Same here, in junk docs/disclosures pile. Regular singing TIL in Docs pile.
As for Statement of Identity or "what have you been doing for last ten years", haven't seen it lately either. But, let's not remind anyone of the possibility of getting it back - my most hated form. That should be done before I ever get there - that's part of app. process to my way of thinking.

Reply by Sylvia_FL on 6/23/07 12:00pm
Msg #196650

Re: Been seeing it, too

I picked up a new account lately for my signing agency. I asked the notary I assigned one of their signings to to let me know how many pages etc she had to print out, so I would know for future reference what the particular lenders loans were like. She informed me there was one of those forms for the 10 year history in the package. So, some companies are still using them.

Reply by NCLisa on 6/23/07 9:15pm
Msg #196693

Statement of Info is a TC doc

that is used to clear liens and judgments from title. If the borrower has a common name and/or liens or judgements come up in their name or a like name, then that SI helps to distinguish if they attach to the property and/or person. Most EO's send the document out to the buyer/seller as soon as they get the preliminary title report back. The borrower/seller doesn't always send it back to the EO.

Reply by Lee/AR on 6/23/07 8:17am
Msg #196611

Yes, I was just kidding, but

have to agree with you that, even if not required, a signed 'receipt' would seem to be the best thing for the Lender to have in their file.

Reply by ZeeCA on 6/23/07 9:24am
Msg #196619

I suggest if no sig line you ask ... i had one w/o and initials on the 2nd page... I was told it was notary error if this was not signed... but again up to each indiv company.....

Reply by Todd/OH on 6/23/07 10:45am
Msg #196635

This form is nearly as important as the note. This form has government-mandated information and proof of disclosure of this final information to the borrower must occur. I think it's Reg Z (I get those reg letters mixed up). I have had a few signings where there is no place to sign. I at least have it initialed. This is one critical form.

Reply by Bruce_CA on 6/23/07 10:54am
Msg #196638

I have recently (last two months or so) started seeing this, but what I do see is a seperate doc that acknowledges the reciept of the TIL and NRTC.