Reply by CopperheadVA on 10/18/11 3:56pm
Msg #400881
Yes, I did quite I lot for them a few years ago. They have several names: Premier Real Estate Title Ins, Tidewater Title, Domionion Title Group, and L.T. Caplan Law Firm. You may find some info for them under those other names.
Be aware: They have a policy of no-pay for the notary if the loan no-signs or no-funds. They do not pay a print fee if you print docs and they get revised or if the appointment cancels.
I stopped working for them in 2009 after taking too many hits on no-signs/no-funds. This policy was not told to me up front - they say it's in their contract but I never signed a contract with them. The first couple I just sucked it up to be a team player (they sent me several jobs per month) but it just got to the point where I had had enough. The last two were these: I had one where docs were fully executed and notarized, but the lender canceled the loan during the 3-day RTC because when they reverified the borrower's employment, they discovered that he had changed jobs and did not tell them. Another one, the borrower exercised his RTC because he didn't like one of the broker docs, and I remember that we spent 45 minutes on that ONE doc, on the phone with loan officer - that whole closing took two hours and I did not end up getting paid for it. That's when my team player mentality ended for this company.
If the loan successfully signs and funds, when I worked with them they paid at funding (don't know what they do now). They would never go above $125, no matter how far the distance, and I heard from other notaries that they preferred to pay even lower if they could get away with it. I never accepted them for less than $125 due to the 30 pages of broker docs, 20 pages of TC docs requiring many seals, in addition to the lender docs. So 150 page packages and often received at the last moment in a frenzy. Don't miss them at all!
|
