Posted by Deborah Lewellen on 2/20/09 10:43am
Msg #278192

Richmond Title Update

I finally got paid, did the job Nov. 10th, 2008, over 4 months to get a check out of them and this one has a different address for Flex agents signing team, it's 3220 tillman drive, suite 301
Bensalem PA, 19020
anyone got news on them? this is too wierd. two different addresses?

Reply by sjp on 2/20/09 11:21am
Msg #278203

I know exactly where that office is located in Bensalem, PA.

Reply by Lee/AR on 2/20/09 11:36am
Msg #278209

Same deal. 94 days & a FedEx'd check from PA.

Reply by Cari on 2/20/09 11:38am
Msg #278210

They just called me for a closing today for $75.00??!!!

Are they serious???

I hope none of the IL Notaries I know accept this crap pay...

Reply by Cari on 2/20/09 11:46am
Msg #278211

and this is another company that gets on my nerves

by calling themselves ".....Title".... and they're a SS not a TC.

If a company is NOT a TC then don't use any part of that name....its very misleading ...perhaps even illegal?!

Reply by Lee/AR on 2/20/09 12:20pm
Msg #278217

The other way around, Cari...

They are a TC who has started a 'low-pay SS'...

Reply by davidK/CA on 2/20/09 12:46pm
Msg #278224

Re: The other way around, Cari...

Ah, another way to squeeze the BO and the NSA out of more money. I wonder if the Affiliated Company Disclosure Form says that the title company and/or lender owns the SS that is supposedly charging the actual cost of the NSA to the BO.

Typically I'm seeing $175 - $200 on most Settlement Statements and yet some SS tell me that they are actually getting only $125-$150 from the title company. Another undisclosed profit center ripoff for the BO. It almost sounds like making Unemployment payments via debit card so that the disadvantaged can get charged fees by the banks for getting their Unemployment benefits converted into real money. It's coming to your state real soon if it isn't there already.

I saw a 3.75% loan fee recently. Over $40,000 down the drain. The BOs have scores in 790 plus range and lots of income and money in the bank. Are we back to the days of Ameriquest and their abusive practices?

Reply by MistarellaFL on 2/20/09 12:55pm
Msg #278227

Very interesting....lookee here

at what I found googling:

http://www.dfi.wa.gov/CS%20Orders/C-07-207-07-SC01.pdf


Whoops....karma I guess

Reply by jba/fl on 2/20/09 1:03pm
Msg #278230

Lots of addresses to be gleaned also for those needing...

Lots of problems, oh yeah!

Reply by Cari on 2/20/09 1:04pm
Msg #278231

I LOVE IT!!! AGAIN WHAT A GREAT FRIDAY!

Richmond Title, why are you not complying...CHANGE YOUR NAME!

Reply by cassiewi on 2/20/09 1:10pm
Msg #278233

You mean they wouldn't revise their fee?

I got their top offer of $80 with a "promise" of more work coming my way, LOL...

Reply by Teddog/CO on 2/21/09 9:42am
Msg #278329

Re: and this is another company that gets on my nerves

Richmond Title ha! I just got a call from them Friday. Their "rep" is bad for so long, I gave them the instant NO answer. It is rather sad that some folks are so bad for so long you can remember their company names "right off the top of your head."

Thank God for all the really good companies

Reply by Julie/IL on 2/20/09 1:36pm
Msg #278241

We usually will do theirs for $65 and I get about 1 a month

Just kidding!!! We refuse their closings too, for the obvious reasons. Happy closings! =p

Reply by Deborah Lewellen on 2/20/09 4:58pm
Msg #278272

Wow, No operating License in WA for Escrow,

Sounds like they are in a heap of trouble, I see this is from 6/07, but it may just now be catching up to them. $22,750 Fine, WOW!! that's alot of money for a company to absorb in straight losses. I wonder what other states they could be in trouble with.
https://www.sourceoftitle.com/post_list.aspx?topic=0&uniq=28400&unfold=28389&unfolded=false&start=105&this#28400 says they have partnered with a company in India. Seems to me that when Land Am did that, that within a yr. or two they started heading South and look where they ended up.
FASS uses some from either India or the Phillipines, not sure, they call to try and hold your hand. I'm like over it with that, I've been doing this for almost 6yrs. with 3000-4000 closings under my belt, so I've been around the block a time or two. Ah, I must be doing my job somehow or I wouldn't have stayed in this business this long.