I carry a bag of oversized colored paper clips in my kit. I ALWAYS clip the check to the four pages (or so) of the HUD at the signing table. Then I know it goes with the package when I put everything in the envelope. Make sure the borrowers get their copy of the check stub, carbon or "top half".
Call the borrowers and explain to them what you have been told. They can then contact their bank with the check number from their copy and start the process of tracing the check - to find out if someone cashed/deposited it? Puts the bank on notice that there might be a problem.
Beyond that it is up to Title to see what happens next. |