Posted by DianeCipa on 8/4/08 1:59pm
Msg #258454

Mercury selling CO operation to First Am

That's the head of the fish so it will be interesting to see if all now falls under First Am.

Reply by Negrete on 8/4/08 2:05pm
Msg #258457

All Reverse Transactions

I have spoken to my contact at ART and she tells me that they are being taken over by Placer Title Diane.

Reply by WDMD on 8/4/08 2:09pm
Msg #258460

Re: All Reverse Transactions

"I have spoken to my contact at ART and she tells me that they are being taken over by Placer Title Diane."

I hope so. I can't afford to do reverses,,or any signing for that matter,, for $50.

Reply by jba/fl on 8/4/08 2:20pm
Msg #258462

Re: All Reverse Transactions

Placer will use NCS (National Closing Solutions) to schedule their $50 closings.

Reply by CopperheadVA on 8/4/08 2:25pm
Msg #258464

Re: All Reverse Transactions

Yes, and then NCS (National Closing Solutions) AKA Title Stream National Closing Solutions will not pay you, as per their numerous reviews here on NotRot and other notary boards.

Reply by Ocean Pacific Notary Services, Inc. on 8/4/08 2:45pm
Msg #258468

Re: All Reverse Transactions

They are not the same company as Title Stream - not affliated, please check Signing Central.
Placer Title is a great company. Pays very quickly and Betsy is wonderful to work with in their office at Placer/NCS.

Reply by CopperheadVA on 8/4/08 3:17pm
Msg #258474

Re: All Reverse Transactions

Thanks for setting me straight on that. I'm curious, though. There are two National Closing Solutions listed - one in Rocklin CA and one is Sugarland TX.

Reply by jba/fl on 8/4/08 3:20pm
Msg #258475

Re: All Reverse Transactions

Placer Title, NCS: Rocklin, CA

The other one - ??

Reply by LynnNC on 8/4/08 5:19pm
Msg #258494

Placer Title/NCS

Placer Title/NCS has offices in both Rocklin, CA and Sugarland TX. I found that out today when I called them to verify they took over ART and to see if they are the same company as TS NSC in Coppell, TX - they are not!

Reply by BrendaTx on 8/4/08 6:01pm
Msg #258498

Great news! Thanks for getting the facts, Lynn. n/m

Reply by Ocean Pacific Notary Services, Inc. on 8/4/08 2:45pm
Msg #258469

Re: All Reverse Transactions

They are not the same company as Title Stream - not affliated, please check Signing Central.
Placer Title is a great company. Pays very quickly and Betsy is wonderful to work with in their office at Placer/NCS.

Reply by LynnNC on 8/4/08 3:26pm
Msg #258479

NCS

I am looking at a confirmation email that is from "Titlestream, Matt Blackmon"...the confirmation is from "TS National Closing Solutions" in Coppell, TX. Is TS NCS different than NCS? Doesn't Placer Title use NCS to schedule their closings?

By the way, I was paid 7/21 for a closing on 7/16.

Reply by KSNotary on 8/4/08 2:55pm
Msg #258472

TS Connections aka Title Stream - Payment Received!

After much reservation and demanding immediate payment due if "upon funding" terms wasn't do'able... I accepted a closing from TitleStream on 7/25/08. He said that because of all of the skuffle on the boards, they were paying faster for closings.

Received a check today 8/3/08!

Bob

Reply by DianeCipa on 8/4/08 2:49pm
Msg #258470

ART is a division of LFC which is a Mercury Company

Mercury, which is based out of CO, closed all operations outside of CO last week. The purchase by First Am would finish the job.

Reply by Calnotary on 8/4/08 2:50pm
Msg #258471

Re: ART is a division of LFC which is a Mercury Company

First Am in Santa Ana, CA?

Reply by DianeCipa on 8/4/08 3:13pm
Msg #258473

yes

http://www.rockymountainnews.com/news/2008/aug/04/primary-colorado-title-insurer-sells-business/

Reply by Les_CO on 8/4/08 10:36pm
Msg #258529

Well, if First American buys all the Mercury companies you guys better sign up with FASS. You don't think they will use anyone but their in house SS? Say hello to $50 fees!

Reply by Teresa/FL on 8/4/08 10:39pm
Msg #258531

Some First American offices call notaries direct instead of using FASS.

Reply by WDMD on 8/5/08 5:41am
Msg #258547

"Some First American offices call notaries direct instead of using FASS."

I was called one time by First American Title directly for a closing. They met my fee, but it took them 4 months to pay it. They kept claiming that it was handled by FASS. Of course FASS claimed they had no record of the signing at all. Finally First American Title paid after back and forth for four months.

Reply by MistarellaFL on 8/5/08 7:45am
Msg #258555

I have never had a problem getting paid directly by First Am

Ask to be listed in the HUD...I have, with good results.

Reply by WDMD on 8/5/08 7:47am
Msg #258556

Re: I have never had a problem getting paid directly by First Am

I'm sure alot of people have had good results working with First Am Tiltle and FASS. I was just recounting my one and only experience with them.

Reply by Les_CO on 8/5/08 10:15am
Msg #258571

Re: I have never had a problem getting paid directly by First Am

I too have worked directly for a couple of First American offices. These office people, that fear for their lender business, or have had negative lender feedback adout FASS, can sometimes schedule direct. In these lean days with FASS as a 'profit center' I think you'll see less of that. IMO any Company First American buys, will mean less work for greater than $50 notaries. This fee depends on your area, negotiating skills, and local laws. I still see it as a negative.