Posted by MobileZ71 on 6/17/11 5:24pm
Msg #386702

Another slow week

I got 2 this week, 1 more then last week and 2 more from 2 weeks ago. How is everyone else doing?

Reply by MobileZ71 on 6/17/11 5:25pm
Msg #386703

week = weak

Reply by LeeA on 6/17/11 5:32pm
Msg #386705

I can tell you that most of the title companies we do title work for and do closings for are telling us the closing side is going to be really slow until the Middle of August.

We have a lot of title orders about 500 % higher than last year. However our Notary Signing Side is about 1/3 of what it was 6 month ago. And that is Nationally not just in our local area.

That is why Service Link is asking everyone take pay cut. It is supply and demand.

I have been in the industry 30 years and never seen it like this before.

Reply by FeliseSoCal on 6/17/11 6:15pm
Msg #386709

I'm very slow as well. n/m

Reply by jba/fl on 6/17/11 6:34pm
Msg #386720

I could stay busy if I wanted to lose money. LOL n/m

Reply by Dennis_IN on 6/17/11 7:40pm
Msg #386727

This was my best week of the whole year! Hope EOM rocks n/m

Reply by trnsa_IL on 6/17/11 10:40pm
Msg #386743

Ditto! n/m

Reply by Ireneky on 6/17/11 11:22pm
Msg #386749

one for the week and it was last minute It's scarrryyy n/m

Reply by trnsa_IL on 6/18/11 11:20am
Msg #386800

Mid month close was a huge surprise to me..Business has been

waning since February. I have seen more auto refis, loan mods, short sales, rev mort, and fewer refis. I believe the heyday is over, and the overall slow down is just the beginning of the end for this business.

The state of IL only allows a $1.00 charge for general notary work so there is no profit to be made as a notary public here.

Someone posted the other day about the loan applications being up, but who knows how many of those people will qualify.