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Posted by CLOSERS LLC - JAS LOAN on 8/16/08 9:53am
This company asked me to reduce my fee. They were getting Citi loans and for the volume I would get it would make up the difference for the reduced fees.
Well here is the story I was hired by another company that pays well and they are getting the CITI loans from Service Link. The other signing company has hired me to do these closing.
On 8/15/08 I went to do a closing and the Loan Officer is sitting in his car and stopped me and ask if I was the notary for this closing. Well he shows me this paper and it says that his friend who is an attorney is suppose to be closing this loan. He has a memo from CITI with the attorney's name on it.
I called the company who hired me and then told the loan officer that we should go in instead of making the borrowers wait (he had already made us 10 minutes past appointment time.)
The attorney was still on his way to the closing and claimed he was tied up in traffic. (at that time of day and the direction he was coming from there was no problem I had just turned my radio off. He just did not allow enough time.)
Service Link is giving the closings and the notaries are getting the leftovers and at reduced fees.
I have a hard time believing that CITI had this loan officer for 30 yrs (according to him).
He kept trying to talk sports during the whole closing instead of the loan.
Barb |
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