Posted by Mike Photon on 8/23/06 6:19pm
Msg #140344

Embosser

Do any of you use your embosser while signing a loan just for additional security/protection(question is for states that do not *require* them - I don't know if any state does)

Reply by Brad_CA on 8/23/06 6:23pm
Msg #140347

California does not require them. You can not use it in place of your regular ink stamp. I use it for extra security. Especially when I attach a loose certificate.

Reply by TitleGalCA on 8/23/06 11:49pm
Msg #140443

***I use it for extra security***

How exactly does that happen?

Reply by MelissaCT on 8/23/06 8:26pm
Msg #140374

I use mine every time, even though CT doesn't require them. Of course, CT doesn't require a stamp at all, nor a journal.

Reply by Tina_MA on 8/23/06 10:57pm
Msg #140420

I use an ink stamp and an embosser on all loan docs.

Reply by NCLisa on 8/23/06 11:12pm
Msg #140429

I'm not a fan. NC ROD's charge an additional $25.00 to record non-conforming documents, that is anything that includes any writing, stamps, etc. within the margins. The embossers are always in the margins, and therefore recording fees are always short because the notary wasn't paying attention or didn't know the recording standards.

Reply by Tina_MA on 8/23/06 11:19pm
Msg #140433

MA docs are not allowed to have anything in the margins either, otherwise they'll kick it back and it will need to be redone.

I fold the paper so that the impression is not in the margins and I've never had a problem.

Reply by DeliveryBoy on 8/24/06 2:17am
Msg #140476

Some title co.s don't allow these because they can't tell copies from originals. Also, sometimes they make you stencil over the seal so it shows up. What a hassle. Why use these?

-DB

Reply by Tina_MA on 8/24/06 11:51am
Msg #140573

Unlike ink stamps, you can tell which is the original, and the embossed paper cannot be "copy and pasted" onto another doc.

It is not a hassle at all. And I use it in conjunction with an ink stamp.

Reply by ReneeK_MI on 8/24/06 5:52am
Msg #140501

Re: Embossing loan docs - lender's perspective

I mean this in the nicest possible way - this is just my experience, and I do NOT intend any offense ... but seeing embossed docs is a flag that the loan was closed by a mobile closer, and the assumption is that it wasn't a highly experienced one. (That's the part that I don't MEAN offensively, just speaking the way things are.) (NOTE - lenders don't generally KNOW that a loan closed in/out of a title office, nor do they CARE, but when you're post-close auditing ... and you see a flag ... you scrutinize more closely, as S/A generally make a lot more mistakes. Again, that's just What Is.)

Unless your state requires them (and I don't know that any state does, but I don't know everything!), I would not use an embosser. As for providing additional security - if it's not required, then it can be "missing" and not be noticed, so it's not providing anything. Now - of course, if you emboss all the pages, or 'connect' them by embossing, AND you write verbiage on your ack. to that effect - well, sure, that will pretty much sew things up - but still send a flag. The world is not full of wolves waiting for your loose cert. If you just add verbiage identifying your loose cert. as "Attached to ...", you'll have the same amount of security, and you won't have raised anyone's assumptions that you're 'playing with new toys'. Please remember - I'm just sharing from the 'insider' perspective, that's just What Is, and I'm not responsible for the ways of human nature =)

Reply by Tina_MA on 8/24/06 12:12pm
Msg #140579

Re: Embossing loan docs - lender's perspective

>>>.....seeing embossed docs is a flag that the loan was closed by a mobile closer, and the assumption is that it wasn't a highly experienced one. <<<



While they can assume that it was closed by a mobile closer, they should not assume that the person is not highly experienced.

Most Notaries I know in MA use embossers, including my boss, the attorney.

Reply by Tina_MA on 8/24/06 12:16pm
Msg #140581

Re: Embossing loan docs - lender's perspective

>>>The world is not full of wolves waiting for your loose cert.<<<


Actually, there are too many of them. I cannot tell you how many times over the years that companies have sent me pages, stating that I stamped them but *forgot* to sign them.

Well, since I've always used a stamp and embosser, I know when I receive the paper that it's a copy, and not something that I've done. Too many companies find it too easy to "copy and paste" ink stamps from one doc to another.