Am I not allowed to disagree? I said it was my opinion and I also acknowledged that things may be different in Texas and I don’t doubt you speak from experience, as do I-over 30 years in lending as a processor, closer, UW, LO, appraiser, managing mortgage broker and even a short stint in R/E sales. And I respectfully submit that the buyer decides how they want to vest. They may seek advice of realtor, lender, attorney, the stars, whatever, but ultimately it is their decision. Obviously, if they wanted to vest in a name that is far off from their ID there would be issues and, as I said, title, lender, someone is going to raise the issue and it will be resolved…unless they are all asleep at the wheel. Thus the need for obtaining BO ID at the get go as raised by the OP. Every bank, credit union, brokerage I have worked for all required ID early on in the process of purchase or refi. Makes sense to me.
Who said anything about lazy borrowers?
Have a great weekend! |
| Messages in this Thread |
|  Title co process improvement suggestion - Ronnie_WA on 10/19/12 3:22pm |
|  Re: Title co process improvement suggestion - signhere/ca on 10/19/12 3:47pm |
|  Re: Title co process improvement suggestion - Ronnie_WA on 10/19/12 4:01pm |
| Re: Title co process improvement suggestion - Pro Mobile Notary on 10/19/12 4:12pm |
| Re: Title co process improvement suggestion - Ronnie_WA on 10/19/12 4:22pm |
|  Re: Title co process improvement suggestion - Pro Mobile Notary on 10/19/12 5:15pm |
|  Re: Title co process improvement suggestion -  BrendaTx on 10/19/12 5:19pm |
|  Correction - BrendaTx on 10/19/12 5:20pm |
| This is rude, unnecessary and damned offensive - HisHughness on 10/19/12 5:26pm |
| Re: This is rude, unnecessary and damned offensive - janCA on 10/19/12 5:35pm |
|  That's Howard, alright. n/m - BrendaTx on 10/19/12 5:48pm |
| Usually I find Howard's contributions helpful. This was not. n/m - HisHughness on 10/19/12 8:57pm |
| Re: This is rude, unnecessary and damned offensive - Ronnie_WA on 10/19/12 5:52pm |
| My perspective is that you are a jerk PMN. - JS_MD on 10/19/12 9:28pm |
| PMN offered $70 4 an edoc refi 70 miles away last month.lol - JS_MD on 10/19/12 9:42pm |
| Re: Title co process improvement suggestion - jba/fl on 10/19/12 10:18pm |
| Ronnie_WA - BrendaTx on 10/19/12 4:24pm |
| Re: Ronnie_WA - Ronnie_WA on 10/19/12 4:27pm |
| Re: Ronnie_WA - BrendaTx on 10/19/12 5:00pm |
| Re: Ronnie_WA - Shoshana/AZ on 10/19/12 5:07pm |
| Re: Ronnie_WA - BrendaTx on 10/19/12 5:11pm |
| Re: Ronnie_WA - Ronnie_WA on 10/19/12 5:55pm |
|  Re: Ronnie_WA - BrendaTx on 10/19/12 6:04pm |
|  buyer tells seller via sales agreement how they want vesting n/m - sigtogo/OR on 10/19/12 7:34pm |
| sorry Brenda, must disagee- buyer/borrower decides vesting - sigtogo/OR on 10/19/12 7:47pm |
| Re: sorry Brenda, must disagee- buyer/borrower decides vesting - Ronnie_WA on 10/19/12 7:54pm |
| I have to ask you, why are you surprised? - BrendaTx on 10/19/12 11:41pm |
 | Seems as though I hit a nerve-not my intention - sigtogo/OR on 10/20/12 12:56am |
|  No, you said that you "would be surprised" - BrendaTx on 10/20/12 11:50am |
|  When I did purchase closings in CT with mortgages - Linda_H/FL on 10/20/12 12:17pm |
|  Re: When I did purchase closings in CT with mortgages - BrendaTx on 10/21/12 8:54pm |
| Re: Ronnie_WA - Ronnie_WA on 10/19/12 5:08pm |
| Thank you, Ronnie. I appreciate your patience. - BrendaTx on 10/19/12 5:33pm |
| Re: Thank you, Ronnie. I appreciate your patience. - Ronnie_WA on 10/19/12 5:47pm |
| PS - I have many years experience in legal/title/mortgage - BrendaTx on 10/19/12 5:08pm |
| Re: PS - I have many years experience in legal/title/mortgage - Ronnie_WA on 10/19/12 5:10pm |
| Re: PS - I have many years experience in legal/title/mortgage - BrendaTx on 10/19/12 5:16pm |
| Re: PS - I have many years experience in legal/title/mortgage - Ronnie_WA on 10/19/12 5:20pm |
| Is that a lender law, title/insurance law, or notary law? - BrendaTx on 10/19/12 5:22pm |
| Re: Is that a lender law, title/insurance law, or notary law? - Ronnie_WA on 10/19/12 5:30pm |
| Re: PS - I have many years experience in legal/title/mortgage - Ronnie_WA on 10/19/12 5:24pm |
| Her problem is that you claimed a statutory requirement. - HisHughness on 10/19/12 5:32pm |
| Re: Her problem is that you claimed a statutory requirement. - Ronnie_WA on 10/19/12 5:41pm |
| Re: Her problem is that you claimed a statutory requirement. - BrendaTx on 10/19/12 5:47pm |
| Re: Her problem is that you claimed a statutory requirement. - BrendaTx on 10/19/12 5:43pm |
| Re: Her problem is that you claimed a statutory requirement. - JanetK_CA on 10/19/12 6:08pm |
| A first for me last night... - JanetK_CA on 10/20/12 4:11pm |
| My take on some of this! - sigtogo/OR on 10/19/12 7:31pm |
| strange punctuation--cut and past from word :) n/m - sigtogo/OR on 10/19/12 7:57pm |
