Posted by Hugh Nations Signing Agents of Austin on 7/15/08 6:53pm
Msg #255298

New to me

Just encountered a lender instruction I had not run across before. The bank wants all signatures in blue, but if any blanks are to be filled in, they are to be done in black.

What gives? Besides an anal banker, that is.

Reply by jba/fl on 7/15/08 7:05pm
Msg #255299

I've seen a few times - a PITA for sure! n/m

Reply by PAW on 7/15/08 7:41pm
Msg #255301

Old school, but a couple of lenders still follow that practice, but I don't remember off hand which ones.

Reply by lindetteh_PA on 7/15/08 10:17pm
Msg #255328

I've closed alot of chase loans over the years and that was always the way they wanted it

Reply by Hugh Nations Signing Agents of Austin on 7/16/08 12:30am
Msg #255358

This is a Chase loan. I too have done quite a few in the past six years, but I've never run across this before. Most of the Chase loans I do are in-house home equity loans, though, and this is a simple refi and it's out of branch. Maybe that makes a difference.

Reply by Yowheelz on 7/16/08 10:15am
Msg #255391

Havn't ever gotten one completely right yet.

One company requests this. I try to fill in all the blanks ahead of time so all I have to do is sign in blue. Trying to deal with 2 different color pens just doesn't work. I still tend to goof at least once but I've never had a package returned yet.

Reply by Sandra Clark on 7/16/08 10:53am
Msg #255401

Ditech use to do this also. n/m