Things such as “low rates” are occurring for most LSAs all over this industry. I just received a refinance order requiring 300 pages to be printed, paying $70. There are companies still willing to pay $100 plus, but that doesn’t seem to be the norm.
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Some title companies are already using a signing Service company and do not want to do it directly, even directly some title companies want to keep part of your fees, like they don’t already charge theirs.
Got a refi request for Monday at 70 to a location I list base fee for as 90. The lender I knew would have a gigantic package over 150 pages so I asked for and got 110. Some would say that’s not enough. Well for who? I don’t do anything anymore for less than $100 unless it’s within city limits. And I am very busy right now. So for whoever is accepting 70 75 and 80 in this area - that will change when they sit down after the first of the year and do taxes and realize they operated in the red all year.
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I’ve attempted direct with area title companies that I have never returned an error to. They are just not going direct. They have notaries in the office and if they are too busy, they use a platform. No one in their office wants to fool with scheduling notaries. Who by the way are referred to as prima donna notaries. So there you go.
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