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CopperheadVA
Virginia
420 Posts |
 Posted - 02/06/2010 : 10:36:25 AM
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I don't blame you for asking for written instructions, and yes that's suspicious that they would not put it in writing. Just FYI, there is a "familial" relationship of some sort between NVS and the TC, National Title Net. I would not be surprised if there's a family tie with the lender MIC as well.
CopperheadVA
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larrywathne
Washington
5 Posts |
Posted - 02/06/2010 : 08:16:24 AM
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I'm in Washington State. I got an assignment from them with week. Fee was $100. 150 pg package. POA was required to sign. All of the acknowledgements were South Carolina which required two witnesses. The notary instructions stated "do not go unless there is a 'right to cancel'". There was none. Called the number for National Vendor, they gave me the lender's "closing assistance" phone number and was told to talk to them. It was an investor property, so that was OK but the other issue I had were the SC acknowledgements. The "helper" said they needed to be used. I explained that I was not familiar or comfortable with using that acknowledgement but would attach WA approved acknowledgements. At first he said I would need witnesses, then said I didn't need witnesses. I finally asked that he send an email detailing what he wanted, specifically. He said "I'll tell you on the phone but I won't send you anything." Than's when I really started to feel uncomfortable with the situation. I explained I am not an attorney, I've been doing signings in WA state for 31 years, have only used WA acknowledgements and wasn't going to jeopardize my license, bond & insurance over a $100 signing job. He said I'd be blackballed by them, I said I could live with that. Rude, arrogant, condescending, coercive are a few of the words that come to mind. This was one of the worst experiences I have had with a lender in my career. I don't think I would accept another signing with this company.
As another poster said, the 3 pages of threats/instructions and all the ways they can cut the fee is a bit overdone and why I asked for instructions in writing regarding the acknowledgement. Who wants to take 2-3 hours out of your day, print 300+ pages of documents and risk not getting paid? No thanks! |
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pbs_notary
Virginia
30 Posts |
Posted - 08/23/2009 : 5:28:43 PM
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I did an emergency signing for this company on a Saturday. I was paid on time within two weeks.
Gladys M. Hamlett |
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PWinFL
Florida
469 Posts |
Posted - 08/23/2009 : 5:22:16 PM
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quote:
Originally posted by jengels54
They spent an hour on my cell phone asking questions.
Why were they using your cell phone? They should have called their LO/broker on their own phone.
Never drive any faster than your guardian angel can fly.
I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.
Visit us online at http://www.PAWnotary.com |
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jengels54
Texas
7 Posts |
Posted - 08/23/2009 : 1:59:58 PM
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| Did a closing this past week for them. large file over 160 pages printed twice is almost a ream of paper.Could not contact borrowres. Got to closing. Borrower knew nothing...had several questions. They spent an hour on my cell phone asking questions. Decided not to sign. Supposedly only going to get 1/2 closng fee for this.....Not worth it to me.....see shall see if I get paid.. Je |
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CopperheadVA
Virginia
420 Posts |
Posted - 08/08/2009 : 1:20:44 PM
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I've worked for this company a few times. I think they only call me when the notaries that accept a lower fee are all busy. Anyway, the packages tend to be on the large side and two have been surprise POA's (the TC knew about the POA's, it's just that I found out they were POA signings when the docs arrived right before the appt). One was a clean-up job because the POA had not been signed properly the first go-round with a different notary. I found that out from the signer, not NVS.
However, NVS is pleasant to work with and I've always received payment at around two weeks.
CopperheadVA
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KanDoNotary
Oklahoma
69 Posts |
Posted - 08/08/2009 : 12:22:16 PM
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As follow-up to my earlier post, I received payment for one of the closings done in June. When I contacted the office for the other, I was told the check had not cleared, so a stop payment would be put on it and reissue. I hope to get it by next week.
Have Seal, Kan Travel! |
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n/a
Virginia
1 Posts |
Posted - 07/13/2009 : 10:54:22 PM
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I had two signings with this company the last week of June'09 and received my check two weeks later. Yes, I had instructions not to contact client, but was okay with this. Client lived just around the corner from me. Had I had any questions, they do give a contact number you can call.
ERS_NOTARY |
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Lee-AR
Arkansas
678 Posts |
Posted - 07/05/2009 : 08:43:57 AM
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Being paid 'off the HUD' is a 2-edged sword. Yes, you generally get paid very fast, but if it fails to close or is rescinded, you get nothing--generally, not even a print fee unless you've gotten prior agreement. I do not understand the concept of 'the faster I get paid, the better the co.'. If money is always in the pipeline, your income is going to be fairly stable from one month to the next. The only hard part is the first month. Caveat: No, waiting 2 or more months is NOT acceptable either.
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LindaH
Florida
1754 Posts |
Posted - 07/04/2009 : 07:26:24 AM
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I have the same situation as Paul...rural and we really really need to speak with borrowers prior to traveling. When I've had loans with Mortgage Investors, I've been given the same instructions...but I've also been given a contact name and number for MIC - call that contact and explain the situation and I've been given authorization to speak to the borrowers every time. In fact, when I ask for a contact number for borrower I've been told "absolutely, no problem"...
Linda
www.notarydepot.com/notary/lindah
http://www.notary.net/websites/LindaHubbell
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PWinFL
Florida
469 Posts |
Posted - 07/03/2009 : 10:52:56 AM
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quote:
Originally posted by KanDoNotary
So be aware that if lender is Mortgage Investors Corp., be prepared to bid based on VA package of over 150 pages and requirement to not contact borrower.
If I cannot communicate directly with the signers, I can't do the job. There are too many properties in the rural sprawl that is difficult to find, much less get to. This is the rainy season, and limestone paths back to the houses easily gets flooded and/or knee-deep in mud. I need to know this before venturing out. I also must apprise the signers of identification requirements and verification and witness requirements if necessary. Without talking to the signer(s), I can't do my job.
Never drive any faster than your guardian angel can fly.
I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.
Visit us online at http://www.PAWnotary.com |
Edited by - PWinFL on 07/03/2009 4:07:52 PM |
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KanDoNotary
Oklahoma
69 Posts |
Posted - 07/03/2009 : 08:46:31 AM
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I've done two closings for National Vendor Solutions in June. On the first, the signing was cancelled before meeting because lender wanted to redraw docs. (I had printed and have been paid a printing fee.) Second round later in the month had added 50 pages to docs (total 162-original pages). They had added VA requirements. Job took almost 2 hours.
Second was a resign from one done earlier in the week by another notary. Verbiage had to be changed, so I printed off 160 pages w/VA docs (which borrower said were not on the first one), and spent over 2 hours with borrower. Had rapport with them, so they called me when that did not close and they had a 3rd appointment where they asked for me to close. (I did not receive a call for that 3rd time, but wonder how that went. May call borrower next week to see if it finally went through.)
All that to say, I haven't been paid by National Vendor as yet for these two jobs (too soon), but the lender is the one requiring no contact with borrower. So be aware that if lender is Mortgage Investors Corp., be prepared to bid based on VA package of over 150 pages and requirement to not contact borrower.
Have Seal, Kan Travel! |
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disilvestre
Virginia
4 Posts |
Posted - 06/30/2009 : 3:56:49 PM
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I just accepted a signing from them. It, too, said don't contact the borrower to confirm the appointment. What is that? Why? Any thoughts? Strikes me as odd...which is usually not a good thing.
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b.c.notary
Louisiana
7 Posts |
Posted - 06/18/2009 : 3:45:19 PM
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Thanks!
I was told by a lender that I would be paid off of the hud. |
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PWinFL
Florida
469 Posts |
Posted - 06/18/2009 : 3:34:10 PM
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If your name (or your company's name) appears on the HUD as a payee, just like the broker, real estate agent, title company, lenders, etc., then a check is cut during the settlement disbursement. That is, the title company (or escrow company or settlement company or whoever) will pay the amount shown on the HUD to all those names that appear on the HUD.
Typically, if you are hired by a title company or lender, this is possible. But if you are hired by an independent signing service (not connected with the title company doing the closing), chances of getting listed on the HUD and ultimately paid off the HUD, are slim to none. Even with title companies, they quite often won't add the NSA on the HUD because it would require that the HUD be reapproved by the lender and may change the amount totals on the HUD.
Never drive any faster than your guardian angel can fly.
I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.
Visit us online at http://www.PAWnotary.com |
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b.c.notary
Louisiana
7 Posts |
Posted - 06/18/2009 : 3:15:45 PM
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Can someone tell me what it means to be paid off the HUD?
Thanks |
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Starz
Oklahoma
24 Posts |
Posted - 06/18/2009 : 1:22:05 PM
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Did a closing for them 1 week ago. Just received payment from them! My only complaint with their policy.... I had to wait till I received the package before contacting the borr to confirm the appointment. Frustrating. Especially since it was a 'last minute' closing....and then on top of that, I couldn't reach the borr.
Starz |
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CopperheadVA
Virginia
420 Posts |
Posted - 06/18/2009 : 08:07:30 AM
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When I originally posted in May asking about them, I had just accepted a job from them. I received payment within 2 weeks.
CopperheadVA
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active
Virginia
38 Posts |
Posted - 06/18/2009 : 06:42:10 AM
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I was contacted by this company the other day for a closing. Since they have absolutely no payment history anywhere on the web and other notary websites, I emailed them back requesting to be paid off the HUD1. I told them if I didn't get further confirmation for the payment arrangements that I would cancel the closing. This being the case, I have yet to hear back from them again since. I find that companies that call a few days in advance of the closing usually is a renamed ripoff company. Ironically, they just emailed me back. They are a signing company that works for 1 title company solely. They say this is why they don't have a web presents but doesn't address why other sites know nothing about them. Also they didn't offer to give references or did they address no payment history. One thing interesting is that they already found another notary BEFORE they got back with me. I don't think I'll trust them until someone else works for them and post some sort of payment performance with notaries.quote:
Originally posted by CopperheadVA
Any info on this company? They appear to be new - several inquiries just this month on the other forum.
National Vendor Solutions
28471 US 19 North
Suite 509
Clearwater, FL 33761
Phone: 727-271-6611
Fax: 727-683-9963
orders@NationalVS.com
CopperheadVA
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CopperheadVA
Virginia
420 Posts |
Posted - 05/22/2009 : 09:31:26 AM
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Any info on this company? They appear to be new - several inquiries just this month on the other forum.
National Vendor Solutions
28471 US 19 North
Suite 509
Clearwater, FL 33761
Phone: 727-271-6611
Fax: 727-683-9963
orders@NationalVS.com
CopperheadVA
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Dear Signing Agents,
National Vendor Solutions
1 person liked this post.