Posted by Ali/IL on 5/21/09 8:28am
Msg #289440

quick question

I just received some loan docs. Everything is dated for the 22nd. They asked for me not to change any dates. I understand that I do have to date venue for today when I am meeting with them. But, what about the rtc?

Reply by Ali/IL on 5/21/09 8:32am
Msg #289441

I just realized in speaking to the borrower that it will be a split closing his wife is in different state. I wasn't told by the title company.
I need to change the date on the rtc to reflect the day I met with my borrower don't I?

Reply by jba/fl on 5/21/09 8:39am
Msg #289442

yes - wife will have own date change n/m

Reply by CopperheadVA on 5/21/09 8:50am
Msg #289444

I've never had one forward-dated before. If it were me, I would check with the title company as to exactly how they want to handle the RTC dates.

Reply by MW/VA on 5/21/09 9:37am
Msg #289452

Dating in advance isn't uncommon and there's nothing illegal about it. Only backdating is an issue. I've been contacted by borrowers who get Wells Fargo "mail away" packages. They are usually dated more than a week out, allowing them time to get everything signed & returned. The borrowers sign the actual date they are signing the docs, including the dates on the RTC, & I notarize that date also. We only need to be concerned with the here & now.

Reply by Ali/IL on 5/21/09 11:04am
Msg #289468

Title told me that I should not change any dates. That their rtc was being waived. But, there was one in package. The borrower that I met with signed with todays date and this was confirmed with the lender. I will date my venue for today.
Thanks all for your answers.
Have a great month.