Posted by Kappaman on 7/7/08 8:47pm
Msg #254383

what's up Sovereign Title Partner, LLC

I have only been in the business a little under three years. My question is what's up with Sovereign Title 200 plus page packages? I mean I just don't get it. The industry has gone from small packages to larger packages but reducing the pay. I know alot has to do with the signing company, but Gosh! I have decided to stop doing these 200 plus page refi for less than $125. I am strongly considering writing Congress to see if they are aware of these FHA loans growing from the standard 75 pages to 200 pages. This is ridiculous! For those of accepting these assignments, if you think by accepting these assignments that you can negotiated a higher fee after performing so many lowballs, think again! It's not going to happen.

Reply by sue_pa on 7/8/08 7:11am
Msg #254402

3 things hit me in this post.

I know alot has to do with the signing company, -- a signing company basically has NOTHNIG to do with the paper work - they are schedulers - after 3 years "in the business", I don't know how someone doesn't have the players in place.

I have decided to stop doing these 200 plus page refi for less than $125. -- well good for you. Why in the world would you ever consider any e-doc loan for less than $125?

I am strongly considering writing Congress to see if they are aware of these FHA loans growing from the standard 75 pages to 200 pages. -- I'm sure they'll jump right on it and put aisde the war and escalating energy and food costs. Do you really think your Congressman cares that a little ole' 'siging agent' has to spend an extra 15 minutes at the table with disclosures (remember, the government likes disclosures) other than they may push to add a few extra disclosures in this time of the mortgage crisis?