**Did a re-signing today where the borrowers told me that the signing had been done on 11/23/2010 but that the notary sent all the paperwork back without any notarizations at all ** Just playing devil's advocate here, but all this is a little too hard to believe. First of all, LOs/TCs will generally blame any re-sign on the notary if they can get away with it. Why didn't the assigning agency inform Patsy before she went out the reason for the re-sign, rather than have her find out from the borrowers? Paleeeze. I don't doubt that somebody told the borrowers their loan went un-notarized, but as to what really happened ....? Example: I did a signing recently - everything went great. About two weeks later I get a call from the SS to do a re-sign. Something to do with a lender revise, they said... I wasn't available. Then, the other notary told the SS that the borrower told her the reason for the re-sign was because the original notary didn't get the docs back in time! Now, I knew that was untrue, the SS knew it was untrue, the TC knew it was untrue. Docs are easy enuff to track and if they hadn't been back the next day there would have been a big uproar. But somebody, somewhere decided to "blame the notary" for whatever screw-up they were trying to cover up and that's the lie they told the borrower.... or maybe the borrower mis-heard, or maybe title was late getting the docs back to the lender ... or maybe... who knows? Point is, "poor notary" may be completely blameless .... |