Posted by James Dawson on 9/24/10 3:48pm Msg #353842
follow-up on msg #352867
It was about my neighbor requesting I be allowed to do his RM. MV/VA was correct, the SS trucked in a notary from three cities away to accomplish the signing for a low-ball fee (neighbor asked how much they were being paid). I'm glad for my neighbor and I'm glad for the local notaries who stuck to their fees. I feel sad for the notary who felt the need to travel as far as they did for the fee they got. We do what we gotta do.
|
Reply by JulieD/KS on 9/24/10 4:02pm Msg #353844
I was under the impression that the borrower actually has some say-so in who does what (you know that affiliated business arrangement agreement?) I've been requested by friends before and some will do as the borrower requests, others say NO.
|
Reply by James Dawson on 9/24/10 4:09pm Msg #353845
considering the fact that some lenders/TC send the docs directly to the borrower, we know it can be done. However, if there's money to be made, well that's a different story. They told my neighbor they had a contract with the SS and had to give it to them. Sound legit.
|
Reply by Lee/AR on 9/24/10 5:03pm Msg #353854
Maybe.... but I'd be willing to bet that it's 'all about the money'.
|
Reply by James Dawson on 9/24/10 5:09pm Msg #353855
I was being nice Lee...LOL
|