I accepted an assignment from IMortgage for a closing on August 31. Per
company policy I was to be paid on the 15th of the following month.
When I contacted IMortgage towards the end of September I was told that
because the file did not fund until September my check would be cut on
October 15th. I called IMortgage last week to inquire about my payment
and was told "oh, we cut the checks on the 15th of every month but they
don't get sent out on the 15th. After your check is cut, it could be
another 30-45 days before it is mailed." WHAT?
So hear I am
still waiting for a payment from a title company I did a closing for 70
days ago. It must be nice to use other peoples money to fund your
business. I've just about had it with slimy Pittsburgh, PA title
companies. Did EFS start a new trend up there?
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