AnchorStamp.com is running a sale
We are always looking to add full-time professional loan document signers (& especially former escrow officers) to join our network of PROFESSIONAL signing agents. Take a look at what we are offering and how we do business. Sorry, we are not considering entrant mobile notaries with limited experience for our network.
IF YOU HAVE LESS THAN ONE YEAR OF LOAN DOC SIGNING EXPERIENCE, PLEASE DO NOT APPLY.
Check them out they pay in 21 days or so their web site states. You will also be covered by their $1 million E & O policy.
NotaryAct.com - Online notary log book
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With the millennial wanting everything NOW, 2017 is going to bring some changes. First E-Closing is going to take off. This may be a good time to become an E-Notary if you are not one already. The mortgage industry is changing. New companies like Rocket Mortgage are speeding up the process of approvals and income verification.
Investor are seeing this change and putting their money into companies that are setting up for this change. I hope your eyes are open I do not want you blindsided. Become an E-Notary to make sure you are ready when they are.
Hello and welcome to 2017, I have noticed that Signing Agents fees have gone down. This could be due to companies like SnapDocs and NotarySerch.
I recommend you stick to your guns. Fees of $100 for a Refinance is appropriate. I would add to your fee for fax backs, documents over 150 pages, after hours, Sundays, holidays and distance.
Have a great year.
New in August is the combining of the Good Faith Estimate and the TILA into a new document called the New Loan Estimate.
Also, the HUD-1 and the Final TILA will be combined into the New Closing Disclosure.
This is found in the National Notary Association Notary Bulletin please read!!
Hello, here is a listing of Signing Companies that are not paying for our services. If you find one that you have been working for and are getting paid on time please let us know.
This list is only available to paid members. Click Here
If you are a member of Linkedin please read this conversation from Howard B. : Click Here
Basically a few people are speaking out about companies requiring us to go through NNA to get our back ground checks.
The other part of the conversation is that we can expect to have companies try to get us to take less money for assignment and there will be less assignments to go around.
Howard B.Owner at Pro Mobile Notary
Their outlook is suggesting to them that refinances activity will be down 60% relative to 2013 while purchase loan activity will rise by only 3.8%.
Let me pose a rhetorical question to you. If you owned a signing service and your escrow company or lender clients demanded that you maintain certain documents/records for all your subcontractors, are you going to comply or tell them to take a hike?
No doubt everyone already understands that there is going to be dramatically fewer signing assignments this year relative to last year as evidenced by what happened in the last quarter of 2013.
As a signing service owner are you going to use undocumented signing agents that are trying to fight the government mandates (as interpreted by those clients) or are you going to use NSAs that provide what is being demanded?
No doubt many NSAs will leave the business the same way the Dodd-Frank requirement of national licensing of loan originators (on top of state licensing where required) drove many of them out of that industry.
There are a few comments so please go to the link above.