Posted by Anonymous on 8/20/04 1:35pm
Msg #6389
You've scared the beegeezus out of me!
Ok I'll release the docs. But here is their response I just received.
Hi Cathy -
We pay our notaries every month if a notary does not invoice us than they do not get paid, or if a notary invoices us late they get paid late. Unfortunantley
Some notaries go to the boards and complain about every signing company. I assure you that if you invoice us properly you will get paid on time. The way our system is set up is that the month you complete the signings the following month is when payment goes out to the notary. Please send the docs for the signing that was completed.
They are waiting to fund the loan.
Thank you
Stacy Marks
Sign On The X, Inc.
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Reply by Roger/OH on 8/20/04 2:16pm
Msg #6392
Glad to help...
Again, the borrowers have no idea who SOX is or what YOUR arrangement is with them, and it's not their concern. Always remember you're a notary public FIRST and a signing agent second. You have an obligation to serve the borrowers and properly execute the documents within your state laws; they have already paid for your services in their closing costs, and it's not their problem how that payment is later disbursed to you or by whom. When ss are bad about payment, it often helps to discuss the situation with the title company.
Glad you're releasing the docs, and hope I didn't unnerve you too much, but wanted to save you from putting yourself in a potentially very dangerous situation.
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