Skip to content
BOL Conferences
Thread Options
#2240816 - 08/07/20 09:29 PM Payoff Requests
terpsfan Offline
Diamond Poster
Joined: Feb 2007
Posts: 2,058
We are getting push back from title companies when requesting authorization to release the payoff information. Are there any privacy concerns with releasing this information to reputable title companies without an authorization?

Return to Top
Lending Compliance
#2240818 - 08/07/20 09:59 PM Re: Payoff Requests terpsfan
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Let them push, unless they can point to law that you even have to acknowledge that you have a loan for the customer in question.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z