Posted by Sheriden on 8/5/10 8:49am
Msg #347684

G/B?/U

Just received a call from lender ven settlement services....has anyone heard or worked with them? Did a search and nothing came up. Thanks

Reply by BillyJack/NC on 8/5/10 9:18am
Msg #347687

Lender Vend is a subsidiary of NREIS, and it is probably a Provident loan closing!
Ive done several closings for Lender Vend, 3 last month & just got another order.
They have always paid well, within 30. Never any fax backs !! Provident loan
packages are excellent!

Reply by Linda_H/FL on 8/5/10 9:27am
Msg #347688

If a Provident loan be very very careful

IME They allow absolutely NO changes to the documents - including your notary cert...

I had a signing assigned last year - Mrs. Borrower's name on docs did not match her ID and she had no acceptable ID to match the docs...they would not allow me to amend the pre-printed notary certificate to comply with both FL notary law and the situation at hand. They reassigned the signing to someone else - who notarized the docs with the pre-printed cert as is (yes, incorrect name).

Beware...Provident is very very picky.

Reply by janCA on 8/5/10 9:37am
Msg #347691

Re: If a Provident loan be very very careful

So in other words, Linda, what the notary AND Provident did, was illegal? From what I have garnered on this board about Provident is that they are very full of themselves even to the point of committing illegal acts.

Reply by Linda_H/FL on 8/5/10 9:38am
Msg #347692

In a word, Jan? Yep... n/m

Reply by Shoshana/AZ on 8/5/10 9:55am
Msg #347707

Re: If a Provident loan be very very careful

When the preprinted cert is wrong, just attach a loose cert with the correct info.

Reply by Linda_H/FL on 8/5/10 9:57am
Msg #347709

Unacceptable to them. n/m

Reply by Shoshana/AZ on 8/5/10 10:04am
Msg #347714

Re: Unacceptable to them.

That's what Lender Vend told me to do. I have not had a problem with it.

Reply by Linda_H/FL on 8/5/10 10:06am
Msg #347716

Keeping in mind that adding the loose cert

adds to the recording fees for the security instrument.

Maybe yours was okayed - mine was reassigned - I was to use the certs as they were printed with no deviation...

<<shrug>>

Reply by Shoshana/AZ on 8/5/10 11:25am
Msg #347736

Was it through LenderVend?

I'd have turned it back, too!

Reply by Linda_H/FL on 8/5/10 11:27am
Msg #347738

No..it wasn't... n/m

Reply by dickb/wi on 8/5/10 12:15pm
Msg #347759

not in wi..$30 per doc no matter how many pages..... n/m

Reply by CopperheadVA on 8/5/10 10:13am
Msg #347721

Re: If a Provident loan be very very careful

I had a Provident loan last night. I always announce at the very beginning that no changes, cross-outs, etc are allowed. Zeros need to look like zeros and sixes need to look like sixes. Dates must be done the same way consistently throughout the package.

Mrs. Borrower normally signs with her full middle name, which was not on the docs, and she was sooooo nervous through the whole thing! We had to re-sign at least ten pages from blank copies in their package due to both signature and date screw-ups. UGH!!! I charge a premium for Provident loans.

Reply by JinCA on 8/5/10 2:57pm
Msg #347798

Nervous borrowers

I can relate to Copperhead. The borrowers I had were so nervous to sign correctly that they kept making mistakes. I try to avoid Provident loans because of that.

Reply by MrEd_Ca on 8/5/10 11:02am
Msg #347733

Re: If a Provident loan be very very careful

I just had to turn back a Provident loan due to a conflict. They did send me an email, before I had to cancel, with the following sentence: IT IS THE NOTARY RESPONSIBILITY THAT THE NOTE AND MORTGAGE ARE 100% CORRECT AT ALL TIMES. I really had a hard time w/that. If they were saying I was responsible for the borrower signing &/or the notary certificate I could understand, & they could have written that, but the quoted phrase just says, & can mean, way too much for my comfort level.

Reply by Shoshana/AZ on 8/5/10 11:24am
Msg #347734

Re: If a Provident loan be very very careful

I have seen some instructions that were written so poorly that you'd have thought the writer was functionally illiterate.