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Re: The day before EOM seems to becoming EOM
Posted by Bonnie/FL of ? on 7/24/05 9:47am Msg #54230
Everyone wants to close the end of the month, look at the HUD and see the interest the borrower pays (from the date of closing until the end of month). The borrower looks at it that they are saving money by paying only a couple days interest instead of closing at the beginning or middle of the month. It's been that way since the beginning of time, the last week of every month for realtors, closers, lenders, title companies, lawyers who do real estate, etc. are the busiest for them all including us, the notaries. Also, some loan officers are pushing for "quotas" (used to be in this businesss too) so the more you can close by the end of the month, the better you looked to your employer. It happens to all of us the end of the month. Part of the business.
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Messages in this Thread
 The day before EOM seems to becoming EOM -  Teasa Mahar on 7/24/05 9:23am
 Re: The day before EOM seems to becoming EOM - Bonnie/FL on 7/24/05 9:47am
 For Bonnie-- -  BrendaTX on 7/24/05 10:26am
 Re: For Bonnie-- - LawrenceOK on 7/24/05 10:51am
 I guess my point was missed - Teasa/NY on 7/24/05 11:43am
 Re: I guess my point was missed - LawrenceOK on 7/24/05 11:48am
 Teasa - Yes - seeing this pattern. n/m -  BrendaTX on 7/24/05 12:44pm
 Re: The day before EOM-Teasa -  BrendaTX on 7/24/05 12:44pm
 Re: The day before EOM-Teasa - Teasa/NY on 7/24/05 12:54pm
 Re: The day before EOM-Teasa - Kimberly-IN on 7/24/05 11:35pm



 
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