This is a first. We just got a post closing request from a real estate broker for "a copy of the Note, Homeowners Insurance Dec Page and paid receipt, Approval letter from lender or and Amended approval Letter."
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Tuesday, July 6, 2010
short sale lender wants buyer docs? why?
This is a first. We just got a post closing request from a real estate broker for "a copy of the Note, Homeowners Insurance Dec Page and paid receipt, Approval letter from lender or and Amended approval Letter."
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Say what? Why? What business are these personal buyer documents to the seller's mortgage lender?
Here's my response:
"To guard privacy, we release documents when requested by the
Sunday, July 4, 2010
query: title company will stop pay on refund check unless new HUD is signed
Interesting topic. If you check the documents signed at closing you should find one or more in which you, the borrower in a mortgage transaction, agreed to cooperate and sign corrective documents as necessary.
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
query: title company will stop pay on refund check unless new HUD is signed
Interesting topic. If you check the documents signed at closing you should find one or more in which you, the borrower in a mortgage transaction, agreed to cooperate and sign corrective documents as necessary.
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
If the title company has been charged by the mortgage lender or some other party to have a corrective HUD-1 signed and you are not cooperating, they may choose to use whatever means they
Monday, June 28, 2010
Thursday, June 24, 2010
gee, Charles, you didn't look very hard...we've been out here talking with consumers for YEARS
"We decided that the only fair option is to let the consumer select a title company they can trust, rather than leave that decision to the financial institution" says Charles Marino, CEO of Pennsylvania Title Company. "We don't know of any other title companies who are reaching out to the end user like this, and we feel it will be a positive direction in which to take our company" says Marino.
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