with a modern twist - I've said this before - it's very feasible - closing overseen and conducted by title via web; borrowers at home online via secure internet connection with title, remote notary also online (think conference telecall) - no one moves, immediate corrections, along with the security and consumer protection in having title having control AND the ability to store the files ad infinitum, all players covered under lender's and/or title's E&O or malpractice/liability insurance.
Reading what's been happening in the industry recently, this is not outside the realm of possibility - or even probability. IMO everyone better have their Plan B in place.
JMO
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Messages in this Thread |
| EQUITY NATIONAL TITLE LOWERS FEES - John Bouchard on 6/4/18 5:02pm |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Cheryl Elliott on 6/4/18 5:10pm |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Luckydog on 6/4/18 5:36pm |
| And then... - Luckydog on 6/4/18 5:42pm |
| JUST SAY NO! We can't let this become the industry standard. - grapebed on 6/4/18 8:09pm |
| Re: JUST SAY NO! We can't let this become the industry stand - SteveS/CA on 6/4/18 8:23pm |
| I am probably very naive about the large number of notaries - grapebed on 6/4/18 9:11pm |
| I know some will accept $50, but my answer is NO. n/m - Louisiana33 on 6/5/18 2:05pm |
| Re: JUST SAY NO! We can - Luckydog on 6/4/18 9:09pm |
| Totally agree, LD. n/m - grapebed on 6/4/18 9:12pm |
| Re: Totally agree, LD. - pdl/cali on 6/4/18 11:10pm |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - John Bouchard on 6/5/18 5:23am |
| OMG! Ask their employees if their salaries have been cut - MW/VA on 6/5/18 8:43am |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Yoli/CA on 6/5/18 10:51am |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Cheryl Elliott on 6/5/18 10:31am |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Linda_H/FL on 6/5/18 10:33am |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Cheryl Elliott on 6/5/18 10:47am |
| Re: EQUITY NATIONAL TITLE LOWERS FEES - Luckydog on 6/5/18 1:43pm |
| *50.00 closings not 550.00 n/m - Luckydog on 6/5/18 1:44pm |
| Re: *50.00 closings not 550.00 - SteveS/CA on 6/5/18 2:14pm |
| They may be getting desperate... - JanetK_CA on 6/5/18 3:43pm |
| No way - Heather Tianen on 6/5/18 4:27pm |
| 100 printed pages is almost a standard refi package - CH2inCA on 6/5/18 4:46pm |
| Re: No way - schlub/NC on 6/5/18 6:49pm |
| They will get tired of newbies showing drunk and in tatered - grapebed on 6/5/18 6:59pm |
| Re: No way - Heather Tianen on 6/5/18 10:03pm |
| How to make fifty bucks work. - jnew on 6/6/18 10:13am |
| Re: They may be getting desperate... - Luckydog on 6/5/18 7:12pm |
| They have disrespected their borrower clients by sending a - grapebed on 6/5/18 7:19pm |
| Re: They have disrespected their borrower clients by sending a - Claudine Osborne on 6/5/18 9:12pm |
| in theory , XYZ is supposed to be advocating for notaries. - grapebed on 6/5/18 9:32pm |
| Re: in theory , XYZ is supposed to be advocating for notaries. - JanetK_CA on 6/5/18 9:56pm |
| Return to the "Old Days" when ... - BobbiCT on 6/6/18 6:31am |
| Re: Return to the "Old Days" when ... - Cheryl Elliott on 6/6/18 8:06am |
| Agree Bobbi - I see it returning to that scene too - Linda_H/FL on 6/6/18 9:32am |
| The upside of this? Signing services will be a thing of the - Linda_H/FL on 6/6/18 9:37am |
| Re: The upside of this? Signing services will be a thing of the - Cheryl Elliott on 6/6/18 9:43am |
| Re: The upside of this? Signing services will be a thing of the - jnew on 6/6/18 9:59am |
| If you are an out of town lender or internet lender, how - grapebed on 6/6/18 10:59am |
| Via a local TC as a 'courtesy closing'...Get Plan B working n/m - Lee/AR on 6/6/18 11:19am |
| Why would a local title company do a "courtesy close" for an - grapebed on 6/6/18 1:20pm |
| Re: Why would a local title company do a "courtesy close" for an - Lee/AR on 6/6/18 1:33pm |
| Re: Why would a local title company do a "courtesy close" for an - Luckydog on 6/6/18 5:08pm |
| Yep, it's the way they used to do them all the time. - JanetK_CA on 6/6/18 5:39pm |
| I disgree - Luckydog on 6/6/18 12:28pm |
| Re: I disgree - ananotary on 6/6/18 1:47pm |
| Re: I disgree - ananotary on 6/6/18 1:47pm |
| Re: I disgree - Luckydog on 6/6/18 5:11pm |
| Different thinking is needed to break the cycle... - JanetK_CA on 6/6/18 6:11pm |
| Re: Different thinking is needed to break the cycle... - Luckydog on 6/6/18 6:30pm |
| Title company, not occupancy. auto correct. ugh n/m - Luckydog on 6/6/18 6:35pm |
| Luckydog- The idea is to work direct, collect the entire fee - ananotary on 6/6/18 9:01pm |
| Re: Luckydog- The idea is to work direct, collect the entire fee - Luckydog on 6/6/18 9:42pm |
| This is where I think you are wrong and missing the point - ananotary on 6/9/18 11:29am |
| I Don't Believe She Missed Your Point . . . - PegiT_MN on 6/9/18 1:51pm |
| Great Post Pegi - it's the same for me in my area too - Linda_H/FL on 6/9/18 1:55pm |
| Understood. I was confused when she seemed - ananotary on 6/9/18 9:44pm |
| Re: Different thinking is needed to break the cycle... - Calnotary on 6/6/18 7:29pm |
| Calnotary- EXACTLY. n/m - ananotary on 6/6/18 8:58pm |
| Janet- Could not have said it better. n/m - ananotary on 6/6/18 8:58pm |
| Re: Janet- Could not have said it better. - Luckydog on 6/6/18 9:09pm |
| Re: Janet- Could not have said it better. - ananotary on 6/7/18 8:59am |
| Exactly! Great point - and well said! - JanetK_CA on 6/7/18 1:54pm |
| Re: Exactly! Great point - and well said! - notaryKing on 6/8/18 11:37am |