Sounds similar to the services performed by the signing services for the signing agents. As long as the "brokerage fee" fits into your profit structure, it sounds like a good deal. I really do not see any problem with it otherwise.
Actually if they are working directly with lenders, and bypassing the VM's it might increase the work available to the abstractors if there were more services like this. It has worked for the signing agents, but the signing agents are a much more fiercely independent group and do have more statutory protection when it comes to negotiating their fees.
to post a reply:
login - or -
register