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This issue has been discussed all of the way back to the
Posted by Bob_Chicago of IL on 7/28/11 3:50pm Msg #391834
old NASA board, (predecessor of NOTROT)
Consensus has been that this is a VERY bad idea, a violation of RESPA, and an excellent
way to get a NSA on a permanent DO NOT CALL list.
Sounds like NSA is telling bwrs, "If you don't sign this agreement, then we will not proceed with signing your loan papers. They have been sending multiple copies of dox to their lender for the last six months, their rate lot is expiring, and they are presented with a last minute ultimatum.
If the NSA does not trust the hiring entity to pay them, then they should decline the assignment.
Not lay the risk on the innocent borrower.
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Messages in this Thread
 Notary hold harmless agreement - jnew on 7/28/11 3:36pm
 If the borrowers are AGREEING to sign it, what's the prob? n/m - FlaNotary2 on 7/28/11 3:42pm
 And exactly how is "establishing a contract outside the - FlaNotary2 on 7/28/11 3:42pm
 Re: And exactly how is "establishing a contract outside the - jnew on 7/28/11 3:46pm
 Re: Notary hold harmless agreement - Sylvia_FL on 7/28/11 3:46pm
 Great minds think alike.. LOL n/m - Bob_Chicago on 7/28/11 3:52pm
 Aren't there a couple of TCs that include these in their -  Teresa/FL on 7/28/11 3:52pm
 I had one in an RM pkg about 3 years ago...I was -  Linda_H/FL on 7/28/11 3:58pm
 Re: Notary hold harmless agreement - Buddy Young on 7/28/11 4:34pm
 There's a SS that includes an HH Agmt in the SS's favor. -  Susan Fischer on 7/28/11 6:13pm
 Agree with Sylvia on this one. A hold harmless agreement is -  MW/VA on 7/28/11 9:06pm
 If this were Facebook, I'd give Sylvia a "like" for her post n/m -  MichiganAl on 7/29/11 1:50am
 I find myself all the time looking for the thumbs up! n/m -  jba/fl on 7/29/11 9:57am
 We need that here. It could make things a lot simpler. LOL n/m -  MW/VA on 7/29/11 3:12pm
 This issue has been discussed all of the way back to the - Bob_Chicago on 7/28/11 3:50pm
 I present a Hold Harmless Agreement, HOWEVER... -  NJDiva on 7/28/11 4:41pm
 Re: I present a Hold Harmless Agreement, HOWEVER... - gowithn/TN on 7/28/11 7:53pm
 Very well said, Bob! -  JanetK_CA on 7/29/11 1:54am
 My understanding is all monies exchanged in the course -  Linda_H/FL on 7/28/11 3:56pm
 s/b Promise to pay by the borrowers...".. n/m -  Linda_H/FL on 7/28/11 3:57pm
 Re: Notary hold harmless agreement -  BrendaTx on 7/29/11 6:37am
 Re: Notary hold harmless agreement -  Belinda/CA on 7/29/11 8:29pm
 I dislike that form - a lot -  JanetK_CA on 7/30/11 11:27pm



 
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