|Bob Ballinger - read the entire article.|
|Oren Paris pled guilty, then pled the 5th when asked where he worked.|
The Curious Case of Bob Ballinger’s Side Hustle [UPDATED] – Matt Campbell's Blue Hog Report:
"So for a quick recap:
Ballinger did not prepare the loan documents.
Ballinger could not issue a title insurance policy.
Ballinger could not issue a CPL, and therefore could not handle disbursement of funds from escrow.
What. Did. Bob. Do?
Well, we know for certain that he prepared the deed, which typically costs $50-$100, and he notarized the signatures on both the deed and mortgage, a service no title company ever charges separately for. It is possible that Ballinger did the title search, from which a licensed title insurance agent could prepare a commitment and issue a title insurance policy, but most title companies prefer to do their own work, especially on large transactions.
So…how did the lender (and Ecclesia College) get a title policy?"
'via Blog this'