Posted by Allison_MI on 1/11/08 11:17am
Msg #230222

Bancserv

Are they giving a pretty good volume of work with their Reverse Mortgages? I've never done a refi or HE with them. They wouldn't accept my CBS Background check and I was not going to pay another $54.00 to them for another one.

Am I losing work by not complying with thier CBC?

Reply by justin/CA on 1/11/08 12:05pm
Msg #230231

They have signed on with Countrywide to do a ton of RESPA signings for reverse mortgages.

Not sure where it's headed now with BofA involved

Reply by MistarellaFL on 1/11/08 12:11pm
Msg #230233

They are only offering $50 in SW FL for a single refi....what gives?

Reply by LKT/CA on 1/11/08 1:19pm
Msg #230249

In CA, the SOS requires a background check and it takes 6 - 8 weeks. Plus we have to be fully fingerprinted. Bancserv wouldn't accept that either. From what I hear, CA has some of the most strict requirements to become a Notary.

I also told them I wasn't paying $54 when the CA SOS already did a thorough job. They then put on my file that I was not *willing* to do a background check *at this time*. I believe they are in cahoots with this background company they are peddling.

If I remember correctly, they pay $50 base and $75 for edocs.

Reply by CF on 1/11/08 2:08pm
Msg #230259

They are, generally, low payers. Sometime they will meet my fee.....but I can tell you that I am not doing a RM for $60.00- that is for sure. I work for them, once in while, when it is really- really close by and it is overnight. That is it- not profitable any other way.

Reply by Salvador Avalos on 1/11/08 3:45pm
Msg #230283

I have not done any Rev with Bancserve, but on Refi, they have always meet my need. Sometimes they do give the round around I have to get back to you, and they usually do. They are prompt with payment. Never had any issues wit them.

Reply by Stamper_WI on 1/11/08 5:56pm
Msg #230301

My experience has been repeated requests for my personal information (signup) every couple of months even though I had compled several times.
Also refusal to put the agreed on fee on the confirmation and consistantly shorting my check $25. When called about the later I got the "we pay$xx".
When they call I am polite but turn them down

Reply by Margaret Paddock on 1/11/08 9:19pm
Msg #230322

I'm done lots of diff. ones for them. They pay pretty good and prompt.
I don't like that they won't put the fee on the confirmation, but if you notice at the bottom you fill out the tracking #, etc. and I always add the agreed upon fee on there and I have never been shorted.