I sent the following to Mortgage Connect. Thoughts, fellow signing agents??
Good day,
I know this is probably going to go ignored, but I need to bring it to your attention anyway.
I am prepping a set of docs right now for Mortgage Connect. The fee is $50. There are 90 pages, and a total of 9 notary stamps required. At Colorado's current fee of $15 per stamp, that is a grand total of $135. Again, the fee is $50. This essentially amounts to theft of services!
I don't know who has come up with these reduced fees, but it is insulting, completely unfair, and needs to be revisited. Nobody else has dropped their fees. Realtors, title companies, signing services, etc. have all maintained their charges. The only ones being unfairly paid are the notaries, and, at the end of the day, a successful closing relies on us more than anyone!
I understand volume is down, but again, no one else is being paid less per deal. Our costs have risen drastically, and we are essentially paying to work. I hope someone at least gives this some thought and consideration.
Thank you for your time and attention. |
