Posted by Rick Ary on 8/24/09 5:01pm
Msg #301511

Lower NSA fees, but the borrower pays the same

Am I missing something on this board? Ultimately the borrower pays the notary fees on the loan, thus the notary fees should be close to the past. I believe some of the SS's are trying to get a larger share and maybe a few TC's.

The economy being down, they are saying they are cutting costs. The way they are cutting cost is taking a larger percent of available fees, even the printing fees. IMHO.

Less volume, everyone needs to make more per job, except the notary based on lowball SS's.

Hope eveyone has a good EOM.

Reply by ME/NJ on 8/24/09 5:05pm
Msg #301515

TC fee's the same, SS's fee has been reduced

So in turn they are working the notary for the difference.

Reply by JanetK_CA on 8/24/09 5:30pm
Msg #301519

The thread just four down is addressing this same issue. This kind of thing has been going on for a quite a while now.