The latest BofA loan I signed did not have signature lines on the TIL. I've never seen this before. Anyone else?
Reply by Regal/NC on 9/20/09 1:54pm Msg #304399
Been there, done that. n/m
Reply by Regal/NC on 9/20/09 1:54pm Msg #304400
Been there, done that. n/m
Reply by John/CT on 9/20/09 2:28pm Msg #304403
Re: Bank of American Loans - TIL no signature line
Yes, and I have asked the borrower(s) to sign and date in the blank space at the bottom.
Reply by LynnNC on 9/20/09 8:19pm Msg #304415
I do the same thing. n/m
Reply by JanetK_CA on 9/20/09 3:18pm Msg #304405
B of A packages have been like that for years. Actually, they used to have an initial on the 2nd page with the definitions, but I've noticed lately they don't have that either. I'm not aware of any requirement that the TIL be signed by the borrowers, just that they each get a copy of it.
Reply by SReis on 9/20/09 7:22pm Msg #304413
I have them sign/date anyway but not req n/m
Reply by Claudine Osborne on 9/20/09 8:13pm Msg #304414
I see them unsigned here in Ohio for the last month or so.
Reply by Claudine Osborne on 9/20/09 8:38pm Msg #304416
Why are you having bo sign & date a document when it is not required? No signature line means they do not need a signature.
Reply by pan/nd on 9/20/09 8:55pm Msg #304417
Agree with Claudine:
no signature line...no signature....unless otherwise instructed.
Also, no initial slot...no initials....unless otherwise instructed.
It's worked for me for 10 years--- never heard a peep from anybody.
Reply by jba/fl on 9/21/09 1:27am Msg #304425
Why? Because they are a self-important notary going above and beyond and into decision making territory.
Reply by mwm143 on 9/21/09 7:39am Msg #304429
I asked the simple question of "has anyone seen this before". I asked because I had not. But as usual some member of the supreme court of NR (who clearly takes their position seriously since they're online posting at 1:30am) takes the time to insult another member who took the time to write.
FYI Julianne, the closing manager at the title company said although there was no signature line the borrowers could sign anywhere on the document.
Reply by jba/fl on 9/21/09 7:57am Msg #304432
mwm: whoever you are -
The response was not to you, but if the shoe fits by all means wear it.
NNA always tells everyone to just sign & initial everywhere - and they are wrong on so much. I see your learning curve.
See the black button that says Report - use it sweetie pie, don't be shy.
Reply by mwm143 on 9/21/09 8:03am Msg #304433
JBA - Well Good morning! You're up early!! XXOO Sweetie. n/m
Reply by jba/fl on 9/21/09 8:09am Msg #304435
Early bird get the worm - how many did you eat? n/m
Reply by mwm143 on 9/21/09 8:15am Msg #304436
Hmm I'm guessing any worm eating was done by you at 1:30 am! n/m
Reply by MistarellaFL on 9/21/09 12:27pm Msg #304471
I see you are getting your keyboarding practice this am - LOL>
Bailey is perplexed (big black tom) and my dogs came rushing to his defense. Thanks for the great laugh!
Reply by Linda_H/FL on 9/21/09 1:22pm Msg #304484
ROFL....had two of my cats looking for where it was
coming from and the third one talking back to it!! And the dog's not happy at all...LOL
Reply by MistarellaFL on 9/22/09 6:49am Msg #304550
I got keyboard practice PLUS
I got to freak out my cats/dogs and yours I found a whole bunch of kitties gone wild on you tube.
Reply by John/CT on 9/21/09 3:59pm Msg #304497
Here's the story, thanx to Paul Williamson (aka PAW): "Pursuant to Title 12 - Truth in Lending Act, the disclosure must be made in writing, but no evidence of acceptance is required. However, many lenders want that extra bit of proof that the disclosures were provided, so they require an initialed or signed statement to that fact." 'Nuff said.
