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Re: Package Sizes getting too big
Posted by ArtG/KS of KS on 2/26/15 10:08am Msg #525425
This is a good point. Have your fee list of services in front of you and be ready to itemize IF needed. You wont always have to do that but some companies need to hear it.

Subtopic: Why are packages getting bigger? The regulatory excesses of laws like the "Frank-Dodd" act and a few thousand pages of regulatory micro-managing which has resulted as an overreaction to mortgage sub-prime, and "under qualifying" abuses done in years past. Today the good companies suffer because of all that. Title companies are strugling with all that and they need information detail to show Lenders what is downstream from them.

Want a detail report on all that? you can look it up on "Thomas" and other places if you want to spend a few months reading all of it.
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Messages in this Thread
 Package Sizes getting too big - DoWA on 2/25/15 6:06pm
 Re: Package Sizes getting too big -  MW/VA on 2/25/15 6:09pm
 Re: Package Sizes getting too big -  LKT/CA on 2/25/15 7:32pm
 Re: Package Sizes getting too big - WindyCity/IL on 2/25/15 9:50pm
 Yes, LKT, that's how I do it as well (successfully). :D -  Christine/OK on 2/26/15 3:30am
 Re: Package Sizes getting too big - ArtG/KS on 2/26/15 10:08am
 1000% Correct!! - Moneyman/TX on 2/26/15 10:41am
 Some lenders have multiple, multiple copies of DOTs, HUDs, - HrdwrkrVA on 2/26/15 1:12pm
 And one more thing... -  JanetK_CA on 2/26/15 5:33pm
 Re: And one more thing... - HrdwrkrVA on 2/26/15 6:16pm
 Re: Package Sizes getting too big - Katmet on 2/27/15 3:16pm
 Only finding that in VA & FHA loans, not conventional. n/m - desktopfull on 2/27/15 7:31am



 
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