Posted by NCsignguy on 11/11/09 7:05am
Msg #310622
Critical doc fax back
Went to the borrowers office to do a closing. Everything went fine asked the borrower to use his office fax so I cold just drop the package; there was a FedEx box right outside his office. He said sure and thought we had to fax the entire package, I said no just about 30 pages the critical docs. Then he said, “So when did I have to sign a 100 pages if only a few of them are critical?” I just laughed and said I think the banking industry just loves paper work.
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Reply by MW/VA on 11/11/09 8:45am
Msg #310641
Funny story. Of course we know that industry language refers to loans docs, title docs, broker docs, etc. You were obviously faxing the "critical docs" for funding (purchase/no RTC ?).
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