I closed a file the other day then gave it to My Assistant to finish (print the correspondence and send checks to the borrower, broker and lender). After I printed the checks, I signed them, then gave the file to her to complete. Our checks are always endorsed by two checks signers. Always have been, always will be. She knows this. She has seen me sign checks and take them to another check signer and to get them signed. This is how it is done and she has witnessed this many a time.
I got one of the checks back a few days later with only one signature on it. I scrambled to get all the checks back; I called the borrower, explained the mistake, ordered a messenger to pick up the check, signed it and sent it back. I called the notary, explained the mistake, had him bring the check back. I called the insurance company explained the mistake…. and so forth and so on.
I showed My Assistant the file and pointed out how the checks were sent out with only one signature and she says to me, “Yeah, I noticed that they only had one signature on them, but I sent them out anyways. “
