Odd you mention that about machine processing

I think if an account has a requirement for two signatures (and maybe other specifics) they are handled manually. Our fire district has a two-signature requirement and the bank does catch checks that aren’t signed by two board members. (The check gets cashed when someone deposits it, but one of our board has to go

Years ago (like 30)

I used to work for a mortgage company in the Los Angeles area. We made second mortgages. Firsts were going for about 13 – 14% and our seconds were 18 – 21% depending on the borrower’s credit rating. We had one investor (that’s where we got the money to loan) who would save up all