Unfortunately, there is another modifier to this section that I think may change your interpretation, Mike.
""Escrow, closing, or settlement services" means the administrative and clerical services
required to carry out the terms of contracts affecting real estate. These services include ... [i to xvi]"
The 'include' at the beginning modifies the 'and' at the end to mean that it could be any one of the actions as opposed to all of them.
Definitely need a clarification from the legal authorities for the Commonwealth of Virginia. Considering that someone in the office that will be enforcing the rule is thinking it does apply to NSAs, it is important to get a ruling from the proper authority.
Because of the liabilities and (possible) fines resulting from the implementation of TRID, there is a lot of consideration being given to the definition of 'settlement agent' right now. It has not been specifically defined by the CFPB. |
| Messages in this Thread |
|  Virginia Notary Signing Agents - Urgent -  BrendaTx on 2/9/16 1:33am |
|  OMG, is VA under siege? n/m - Lee/AR on 2/9/16 6:40am |
| Link to blog post not working for me... n/m - Lee/AR on 2/9/16 6:46am |
|  Re: Link to blog post worked for me n/m - Linda_H/FL on 2/9/16 7:28am |
| This isn't new. XYZ likes to raise this issue. VA does - MW/VA on 2/9/16 8:21am |
| Absolutely, MW, not a new "issue." Tnx n/m - Christine/OK on 2/9/16 8:43am |
| Ignore the XYZ link (although it is pretty spot on) - Linda_H/FL on 2/9/16 8:45am |
|  Yes, Linda, it's controversial. It's "x" that could apply - MW/VA on 2/9/16 9:24am |
|  Re: Yes, Linda, it...just a quick note - Linda_H/FL on 2/9/16 9:55am |
|  I don't think we can assume that the webcam notaries are - MW/VA on 2/9/16 11:21am |
| Look at the requirements--you have to be appointed by a - MW/VA on 2/9/16 11:24am |
| Re: Yes, Linda, it's controversial. It's "x" that could appl - MikeC/TX on 2/9/16 5:55pm |
| Mike, Exactly. We're on the same page. - BrendaTx on 2/9/16 6:13pm |
|  Re: Mike, Exactly. We - MikeC/TX on 2/9/16 6:41pm |
 | I am not so sure - James Powell on 2/10/16 7:01am |
| Re: I am not so sure - MikeC/TX on 2/10/16 5:42pm |
| XYZ likes to create the need for their existence. n/m - jba/fl on 2/9/16 8:53am |
| Great! Good to know this isn't a problem. n/m - BrendaTx on 2/9/16 9:12am |
| Good to know this isn't a problem - NVLSlady/VA on 2/9/16 11:21am |
| Yes there is a problem see answer from SCC - CW2Ret/VA on 2/9/16 1:24pm |
| Re: Yes there is a problem see answer from SCC - FGX/NJ on 2/9/16 2:43pm |
| Re: Yes there is a problem see answer from SCC - CW2Ret/VA on 2/9/16 3:20pm |
| Re: Yes there is a problem see answer from SCC - JanetK_CA on 2/9/16 5:19pm |
| Yes. IMO they're trying to negate our role & push us out - MW/VA on 2/9/16 6:43pm |
| Just to add that I think it's one of those typical - MW/VA on 2/9/16 6:53pm |
| #witness only - NVLSlady/VA on 2/9/16 7:15pm |
| Re: #witness only - NVLSlady/VA on 2/9/16 7:20pm |
| Re: Virginia Notary Signing Agents - Urgent - NVLSlady/VA on 2/10/16 6:47am |
| Save your time and energy..the thing is - Linda_H/FL on 2/10/16 8:08am |
| Yes, it IS exhausting - NVLSlady/VA on 2/10/16 9:32am |
| Honestly? Someone needs to get them to look at the - Linda_H/FL on 2/10/16 9:37am |
| From Association of American Notaries today - Yoli/CA on 2/10/16 10:08am |
| VLTA's comments to Bill - anotaryinva on 2/10/16 10:54am |
| Re: VLTA....my question... - Linda_H/FL on 2/10/16 11:14am |
| Thanks for the link. Here's the exerpt that spells out - MW/VA on 2/10/16 11:16am |
| IMO the Commonwealth created this whole problem by not - MW/VA on 2/10/16 11:24am |
| always handed them sep envelope & label. - NVLSlady/VA on 2/10/16 12:05pm |
| From what I'm reading, you won't be able to ship it for - MW/VA on 2/10/16 12:15pm |
| Re: Thanks for the link. Here - vanot99 on 2/10/16 4:56pm |
| I left a comment opposing the proposed legislation & - MW/VA on 2/10/16 12:55pm |
| Re: Virginia Notary Signing Agents - Urgent - Joe Ewing on 2/10/16 4:29pm |
| Just an FYI about the Virginia rules' change... - BrendaTx on 2/11/16 7:14am |
| Re: Just an FYI about the Virginia rules - NVLSlady/VA on 2/11/16 11:35am |
| And when it is implemented across the board - NVLSlady/VA on 2/11/16 11:42am |
