Posted by GenB_CA on 9/14/06 3:40pm
Msg #146104
NNA Background Screening... I too am curiuos
Below is the text from the NNA website. This is the introduction to their sales pitch but I also wonder if it's truly going to be something that affects us. Will the DOJ background check that is required for all CA notaries satisfy federal regulations?
--Consumer Protection Law Brings Big Changes For Notary Signing Agents--
The Gramm-Leach-Bliley Financial Services Modernization Act (GLBA) was enacted by Congress to protect consumers' sensitive private information. To comply with this law and the Interagency Guidelines that have been set, the mortgage industry has begun to require background screening for all persons — including Notary Signing Agents — involved in the lending process who have access to borrowers' private financial information.
The deadline set by several of the nation’s leading title services companies for Notary Signing Agents to complete their background screening is December 1, 2006. To ease the burden of having Notary Signing Agents undergo multiple background screenings — one for each lender — these companies have asked the National Notary Association to develop a single-source solution.
In response, the NNA has added GLBA-compliance training and background screening to its Certified Notary Signing Agent training program. This program makes it easy for you to become a Certified Notary Signing Agent in compliance with the new industry requirements and federal regulations.
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