Posted by Martha_AZ on 8/4/05 3:19pm Msg #56967
Identification Form has place for "seal"
First time I've seen this format. Asks for borrower/co-borrower ID, license #, etc but next to each section it has a box to apply a seal. What do they want in this box? Not my notary stamp. Fingerprint? Below it asks the same questions of the notary and the borrowers need to initial that they have seen my ID. Has anyone seen this before?
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Reply by Cali_girl on 8/4/05 6:16pm Msg #57012
Well, I did a quick search and found this in some ARM Mortgage Instructions for Fannie Mae:
"Seal: The word "(SEAL)" must be inserted on the signature line for the ARM Note, the Acknowledgment (if any), the Security Instrument and any Guaranty in the following jurisdictions only: the District of Columbia, Georgia, Maryland, Massachusetts, North Carolina and Pennsylvania. The word "(SEAL)" must be inserted on the signature line for the Acknowledgment (if any) and any Guaranty in Virginia. In addition, an appropriate seal must be affixed to any loan document to be recorded in a jurisdiction that requires a seal in order for such document to be accepted for recordation. In jurisdictions requiring a seal, corporate seals should be used for corporate signatories and affixed in an appropriate manner. "
Doc located at: http://www.efanniemae.com/mf/guidesforms/doc/forms/e_iv.5a.doc
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