The Friday Crisis
The busiest, most important and challenging day of the week. Expectations don’t change, they just speed up the schedule.
But, how does a title company deal with the Friday crisis?
The Operational Nightmare
The title company has a lot to deal with.
Files run late, notaries pull out, schedules tighten up, and some files do not close on time.
That is the real Friday crisis.
The Pressure Adds to the Friday Crisis
From the providers of the loan, all the way to the title company, there is an immense pressure to fulfill the signing before the weekend. And it is the most hectic for the title company.
So much has to be synchronized. The docs, the signers, the notary and all of the work that goes into fulfilling those tasks.
The End of Month is Even Worse
Where we might fund 100 closings a day on a normal day, the end of month can be 250 signings or more a day. It is an industry-wide month-end problem, not just a Sunshine problem.
The banks are under tremendous pressure to fulfill as many loans as possible. They are all rushing files to you. And the pressure falls squarely on the title company.
The Refinance Squeeze
As the end of the month approaches, the title company has to contend with the rapid pace that must be kept up to deal with refinances.
The three business day rescission period for refinances offers its own challenges.
It is the end of month before the real end of month. If the documents are not signed and expired three business days before the end of the month, the refinance loan cannot be funded.
The Deadline Rapidly Approaches
When the window gets tight, every delay matters. But, you can’t predict exactly how long the process will take.
The title company is the public facing entity. Not just someone else that a signer talks to on the phone. At the end of the day the title company is the one holding the bag.
Accuracy Matters, Even on a Tight Deadline
The signer wants a perfect closing. And why wouldn’t they? They’ve spent a significant amount of time and resources. They have their own deadlines.
As you can see, everyone in the signing process has skin in the game.
The title company has to make sure it has a great notary.
The Friday Crisis and The Sunshine Signing Solution
Sunshine Signing’s white glove service makes us your preferred notary service.
We monitor every file from inception to conclusion. We make sure it is all done right every step of the way.
Sunshine holds it all together for you when things get chaotic.
If you need a notary for a closing, or have a late notary cancellation, Sunshine is always the one that will come through for you. We are your one stop shop to get a notary fast.
Just give us a call or use our online form for instant service. Save yourself the time and hassle. When a title company has it’s back against the wall, Sunshine is always there for you at any time.
It’s what we do.
Sunshine can often have a notary at your location in four hours or less. We give you a potent tool against the Friday crisis.
Sunshine has a large nationwide network of professional notaries. Our vetting process ensures that we only have the best notaries. Their professional behavior and attention to detail are unmatched.
We pride ourselves on reliability, professionalism, and follow-through.
To talk to a Sunshine Signing representative you can call (727) 817-0000.
Your Nationwide Notary Signing Service
Sunshine Signing provides nationwide mobile notary and Remote Online Notarization (RON) services backed by 20 years of trusted experience in the title industry.
