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Bang You're Closed: Threats Stormy Exits & Violence at New York Closings - Leigh Attridge/MA
4/29/2012 9:41:10 AM (6178 views)
Re: Bang You're Closed: Threats Stormy Exits & Violence at New York Closings - Anita Backlund/MN
5/1/2012 2:01:01 PM (6681 views)

Brings back many many memories of closings in NY (and not just the City) and is one of the reasons I prefer these days to just deal with the "books". The very first closing I attended as a "baby" paralegal, I opened the door to the closing room and a stapler flew past my head (it was a situation where the sellers were in the middle of a divorce and the wife threw the stapler at the husband and missed).

Another memorable one was during the refi boom in the 90s that the documents came in 0.0005% different than the commitment the bank sent (remember when banks actually gave a commitment as to the terms of the mortgage BEFORE the closing?). After 3 hours of arguing with the bank's attorney, I calculated it out over the 30 years and it came to about $50. I reached into my purse and put $50 on the table and asked if we could now close.

However, the most memorable one was for a condo in NYC. Again, closing documents came in with a different interest rate than the commitment and the client was very upset. This was not a $50 difference over 30 years, but a full point higher than the commitment. The client asked the bank attorney to please call the bank and correct the obvious error on the closing documents. The bank attorney refused saying - neither the bank nor I make errors. Client continued to sign the closing documents from the bank, but kept asking the bank attorney to call the bank, but he refused and pompously told the client - take it or leave it. Well, right before the last few documents were executed, the client excused himself from the closing table and made a call to his investment broker. He told the broker that he was scheduled to go on vacation for the holidays (this was in December) and if he liquidated a certain stock, how much money would he loose. At the end of the phone call, the client asked the bank attorney one last time to please call the bank. He again refused and told him - it's the golden rule - he who has the gold rules. The client never lost his cool and told the bank attorney - I'll leave it. He then looked at the seller's attorney and asked if he minded waiting for an hour or so since it would take that long to get the check from the investment broker for the entire purchase price (this was the mid 90s and the purchase price was 2.5 million). He said he would and we should probably all go to lunch while we waited. The bank attorney was absolutely stunned and asked what he could do to make it better. The client told him that he had been given ample opportunity to make it right and he refused. Further, the client told him that every single one of his family's business accounts would be removed from the bank and he would make sure that this attorney never again closed for the bank. And with that, we went to have a fabulous lunch in midtown Manhattan. BTW, the attorney did, in fact, never close for that bank again. I told the client that he was definitely a hero for all those poor slobs that had been screwed by banks in this way, but could not afford to pay cash for a property. Still makes me smile to this day!

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Slightly Off-Topic - Scott Perry/PA
4/27/2012 9:30:17 AM (5874 views)
Re: Slightly Off-Topic - Robert Franco/OH
4/27/2012 10:27:53 AM (6972 views)
Re: Slightly Off-Topic - Scott Perry/PA
4/27/2012 11:21:15 AM (7040 views)
Re: Slightly Off-Topic - Joyce Obrien/PA
4/27/2012 3:29:30 PM (7009 views)
Re: Slightly Off-Topic - Robert Franco/OH
4/27/2012 4:55:39 PM (7072 views)
Over The Top? - Scott Perry/PA
4/27/2012 8:49:17 PM (6912 views)
Re: Over The Top? - Slade Smith/OH
4/27/2012 11:11:43 PM (9645 views)
Re: Over The Top? - Scott Perry/PA
4/28/2012 7:29:08 AM (9908 views)
Re: Over The Top? - Slade Smith/OH
4/28/2012 5:16:53 PM (9830 views)
Re: Over The Top? - Scott Perry/PA
4/28/2012 6:41:58 PM (6724 views)
Re: Over The Top? - Slade Smith/OH
4/28/2012 10:03:01 PM (6755 views)
Re: Over The Top? - Scott Perry/PA
4/29/2012 4:41:55 PM (6782 views)
Re: Over The Top? - Scott Perry/PA
4/28/2012 8:43:48 AM (6887 views)
Re: Over The Top? - Slade Smith/OH
4/28/2012 9:56:19 PM (6678 views)
Re: Over The Top? - Scott Perry/PA
4/29/2012 4:39:42 PM (6880 views)
Re: Over The Top? - Robert Franco/OH
4/28/2012 4:19:44 PM (6772 views)
Re: Over The Top? - Scott Perry/PA
4/28/2012 6:37:57 PM (6790 views)
Re: Slightly Off-Topic - Slade Smith/OH
4/28/2012 9:48:39 PM (6720 views)
Re: Slightly Off-Topic - Scott Perry/PA
4/29/2012 4:31:00 PM (6678 views)

Work Slow Down - Jason Knowles/AL
4/26/2012 3:06:08 PM (4738 views)
Re: Work Slow Down - F P/VA
4/26/2012 3:43:35 PM (7090 views)
Re: Work Slow Down - michael rafferty/VA
4/27/2012 9:11:52 AM (7132 views)
Re: Work Slow Down - elizabeth reddy/FL
5/1/2012 10:17:25 AM (6756 views)
FHA fee increase the reason for the slowdown? - Slade Smith/OH
5/1/2012 11:19:55 AM (6870 views)
Re: Work Slow Down - Ron McPherson/IA
5/2/2012 2:38:45 AM (6660 views)

Eclipse Real Estate Services - J Nisonger/CA
4/25/2012 4:04:38 PM (5225 views)
Re: Eclipse Real Estate Services - Tammy Skrzypek/FL
4/30/2012 7:04:44 AM (7192 views)
Re: Eclipse Real Estate Services - Jessica Talley/FL
4/30/2012 9:06:45 AM (7129 views)
Re: Eclipse Real Estate Services - Tammy Skrzypek/FL
4/30/2012 9:29:17 AM (7047 views)
Re: Eclipse Real Estate Services - Jessica Talley/FL
4/30/2012 9:32:32 AM (6913 views)
Re: Eclipse Real Estate Services - Dianne Barnidge/MS
4/30/2012 12:57:05 PM (7008 views)
Re: Eclipse Real Estate Services - J Nisonger/CA
4/30/2012 1:54:27 PM (6857 views)
Re: Eclipse Real Estate Services - J Nisonger/CA
4/30/2012 1:54:29 PM (6807 views)
Re: Eclipse Real Estate Services - J Nisonger/CA
4/30/2012 1:54:30 PM (6883 views)
Re: Eclipse Real Estate Services - J Nisonger/CA
4/30/2012 1:54:33 PM (6819 views)
Re: Eclipse Real Estate Services - J Nisonger/CA
4/30/2012 1:57:40 PM (6982 views)
Re: Eclipse Real Estate Services - Dianne Barnidge/MS
4/30/2012 3:33:06 PM (7064 views)

ESS/Efficax/Real Estate Streams, et al - Jack Borgland/AL
4/21/2012 12:53:11 PM (6101 views)
Re: ESS/Efficax/Real Estate Streams, et al - Jason Knowles/AL
4/24/2012 10:17:57 AM (7193 views)
Re: ESS/Efficax/Real Estate Streams, et al - Sailesh Chandra/CA
8/9/2017 4:19:43 AM (5338 views)
Re: ESS/Efficax/Real Estate Streams, et al - Sailesh Chandra/CA
8/9/2017 4:30:15 AM (5466 views)




Comment on "30 Louisiana Clerks of Court Sue MERS for Thousands per Mortgage" - Source of Title/OH
4/20/2012 6:21:50 PM (4168 views)
Fraudulent foreclosures, defective property titles, lawyer collusion - Barbara  Jackson/LA
4/20/2012 6:21:51 PM (17722 views)
Louisiana Assignments of Mortgage - Linda Hubbell/FL
4/23/2012 6:24:41 AM (13675 views)
Re: Louisiana Assignments of Mortgage - Patrick Miller/LA
4/23/2012 8:52:16 AM (13356 views)
Re: Louisiana Assignments of Mortgage - Slade Smith/OH
4/23/2012 11:10:07 AM (13246 views)

TIAC E&O - F P/VA
4/20/2012 2:17:03 PM (3511 views)

Altisource New Requirements - Karen Hurley/KY
4/19/2012 3:10:22 PM (5365 views)
Re: Altisource New Requirements - Patrick Scott/IL
4/19/2012 7:28:28 PM (6854 views)
Re: Altisource New Requirements - F P/VA
4/19/2012 8:29:13 PM (6782 views)
Re: Altisource New Requirements - CHARLENE  PERRY/MD
4/20/2012 1:17:16 PM (6748 views)
Re: Altisource New Requirements - Robert Franco/OH
4/20/2012 1:39:13 PM (6554 views)
Re: Altisource New Requirements - CHARLENE  PERRY/MD
4/20/2012 1:42:56 PM (6675 views)
Re: Altisource New Requirements - Robert Franco/OH
4/20/2012 9:27:07 AM (6709 views)
If The Legal Doesn't Match, It Doesn't Attach - Scott Perry/PA
4/19/2012 9:57:33 PM (6621 views)
Re: If The Legal Doesn't Match, It Doesn't Attach - george Hubka/MI
4/23/2012 12:43:43 PM (6375 views)

A Rare Apartment Comes on the Market at The Dakota in New York - Leigh Attridge/MA
4/18/2012 5:25:58 PM (5729 views)
Re: A Rare Apartment Comes on the Market at The Dakota in New York - F P/VA
4/19/2012 6:33:44 AM (6052 views)

Southeast Title and Processing, Lawrenceville, GA - Dianne Barnidge/MS
4/18/2012 5:02:54 PM (4482 views)
Re: Southeast Title and Processing, Lawrenceville, GA - Jessica Talley/FL
4/19/2012 10:37:24 AM (8319 views)
Re: Southeast Title and Processing, Lawrenceville, GA - Bill Garrett/MS
4/23/2012 8:57:41 AM (6195 views)
Re: Southeast Title and Processing, Lawrenceville, GA - Dianne Barnidge/MS
4/23/2012 6:47:23 PM (6484 views)
Re: Southeast Title and Processing, Lawrenceville, GA - Brett Ryder/NC
1/30/2014 11:35:19 AM (5136 views)

Cfacts Flexible Title & Closing Services - Joel Lee/NY
4/18/2012 10:58:10 AM (5037 views)
Re: Cfacts Flexible Title & Closing Services - Jessica Talley/FL
4/18/2012 2:14:37 PM (6443 views)
Re: Cfacts Flexible Title & Closing Services - Jason Knowles/AL
4/19/2012 9:07:06 AM (6244 views)
Re: Cfacts Flexible Title & Closing Services - Jessica Talley/FL
4/19/2012 10:33:45 AM (6360 views)
Re: Cfacts Flexible Title & Closing Services - Stephen Williams/MO
4/20/2012 9:42:14 AM (6033 views)
Re: Cfacts Flexible Title & Closing Services - Helen Murphy/MD
4/23/2012 12:40:19 PM (6022 views)
Re: Cfacts Flexible Title & Closing Services - Jessica Talley/FL
4/23/2012 4:47:18 PM (6110 views)

E&O referral - john rutledge/VA
4/17/2012 8:09:53 PM (4066 views)
Re: E&O referral - Leigh Attridge/MA
4/17/2012 8:28:19 PM (6390 views)
Re: E&O referral - Robert Franco/OH
4/18/2012 8:51:08 AM (8915 views)
Re: E&O referral - Jessica Talley/FL
4/17/2012 8:56:40 PM (6282 views)
Re: E&O referral - F P/VA
4/19/2012 8:09:21 PM (6123 views)
Re: E&O referral - Jessica Talley/FL
4/19/2012 10:09:22 PM (6073 views)

I finally get it. - F P/VA
4/17/2012 4:42:34 PM (4111 views)
Re: I finally get it. - Leigh Attridge/MA
4/17/2012 6:10:54 PM (6085 views)
Re: I finally get it. - Jessica Talley/FL
4/17/2012 8:59:25 PM (6102 views)
Re: I finally get it. - Paul Miller/MA
4/23/2012 7:59:58 AM (6105 views)
You forgot to add ... - Bobbi Shorthouse, Notary Public/CT
4/18/2012 8:01:48 AM (6199 views)

Altisource - Carrin Reeves/TN
4/17/2012 11:49:01 AM (4379 views)
Re: Altisource - Leigh Attridge/MA
4/17/2012 12:53:10 PM (7194 views)
Re: Altisource - Carrin Reeves/TN
4/17/2012 1:19:26 PM (6491 views)
Re: Altisource - Leigh Attridge/MA
4/17/2012 1:29:58 PM (6577 views)
Re: Altisource - Carrin Reeves/TN
4/17/2012 1:49:07 PM (6416 views)

Comment on "Judge Awards Borrower $3.17M Over Misapplied Mortgage Payments" - Source of Title/OH
4/15/2012 10:01:32 AM (3740 views)
Judge Awards - Jessica Talley/FL
4/15/2012 10:01:33 AM (5942 views)
Re: Judge Awards - Leigh Attridge/MA
4/16/2012 9:38:07 AM (5906 views)
Re: Judge Awards - Jessica Talley/FL
4/16/2012 11:59:22 AM (5900 views)


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