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Posted by  Cheryl Elliott on 10/20/03 11:24am
NSA Today came out with its winter newsletter, discussing a "groundbreaking" move designed to inspire uniformity and curtail inequity in the burgeoning NSA industry. The schedule will reduce financial exploitation of SA's and provide fair fee guidelines for lenders and signing services in a fast-growing but still formative new career field, say NNA officials. "For too long, highly skilled and trained Notaries have been paid well below what they are worth, simply because there has been no base fee," said NNA Prez Milt Valera. The schedule is the produce of much research and discussion "We found that much of what has been labeled as exploitation of sgining agents is caused less by the conscious intent of lenders and signing services than it is by the absence of any industry guidelines. NNA's fee guidelines will fill that void." Hmmm.
The good news, "adherence to the new minimum fee schedule is not a legal requirement, but a strong recommendation based on fair treatment of all parties. Self-regulation in the industry is preferred over the overwhelming, difficult process of enacting minimum fee laws in all states. "
Certified SAs will earn more than Uncertified SAs.
What would we do without the NNA to look out for us!! |
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