Posted by Anonymous on 5/22/06 11:06am
Msg #121448

sign the journal

Do the borrowers have to sign my reg journal?

Reply by sue_pa on 5/22/06 11:12am
Msg #121450

no

xxx

Reply by Kamilah Rives on 5/22/06 12:45pm
Msg #121476

I don't require, I make a note of it myself and I keep a register for all my invoices.

Reply by Missy_Lulu on 5/22/06 1:18pm
Msg #121484

Reg Journal?
"Do the borrowers have to sign my journal?"
It may not be required in your state, I don't know, but if you are making a journal entry why not have them sign? This deters fraud as does the thumbprint. It's a judgment call on your part if not a requirement in your state but I wouldn't do it any other way.

Reply by BrendaTx on 5/22/06 1:26pm
Msg #121486

Re: sign the journal - on the other hand...

The reason Texas removed the signature requirement is because the journal is a public record...some people do not want a page with the signature to be distributed upon request.

Go figger...not my rule...just passing along what I heard in the judicial committee session of the legislature.

Reply by JanetK_CA on 5/22/06 8:02pm
Msg #121587

Re: sign the journal - on the other hand...

Interesting point. In CA, any member of the public can request a copy of a journal entry, but only if they can provide a written request to the notary with the name of the parties, the type of document, and the month and year in which the doc was signed. Hopefully this makes it difficult enough to avoid fishing expeditions.... but I guess you never know to what lengths some people will stoop! (We are also required to keep all journals locked up at all times, under our own exclusive control.)

Reply by MelissaCT on 5/23/06 12:20pm
Msg #121723

Re: sign the journal - on the other hand...public info

Just a thought -- the recordable deed is public record & contains the borrower's signature...I guess the difference is the manner of identifying the signer is listed in the journal. Then again, cashiers write the DL info right on a check, so that isn't all that private, either.

Although CT doesn't require a journal (it is highly recommended) & always have bwrs sign & I request a thumbprint "to guard against identiry theft and mortgage fraud". However, like PAW noted about FL, I can't legall require a signer to provide the print, nor can I refuse to notarize a legal request based on not providing the print. It may, however, cause me to request additional ID, if I have any doubts aside from the print refusal.

Reply by BrendaTx on 5/23/06 12:21pm
Msg #121724

Re: sign the journal - on the other hand...public info

Of course, Melissa - that's why it makes ZERO sense!

Reply by SueW/Tn on 5/22/06 1:26pm
Msg #121487

I agree LuLu, this post got me wondering so I double checked and while a journal is mandatory in my state, getting signatures in the journal is merely "highly recommended". I've always had my borrowers sign and never had a problem. It helps me in my identification process and I've never had a borrower refuse.

Reply by Missy_Lulu on 5/22/06 1:37pm
Msg #121496

Something else I do to ease the minds of the borrowers regarding security of having their info in my journal:
I have cut different sized card stock strips. All previous entries on that page are covered. I do this to protect the security of the signers information and hope it lends to signers being more confident in me, that I am conscientious to cover previous signers info from prying eyes.

Reply by LkArrowhd/CA on 5/22/06 5:30pm
Msg #121560

Re: sign the journal-Missy Lulu

This is a great idea, I think I have in the past just thought the borrower felt overwhelmed at the moment and didn't bother scanning the signatures above them but I think I will indeed incorporate this privacy screen for borrowers....Good Tip....thanks

Reply by NCLisa on 5/22/06 6:59pm
Msg #121580

A journal is not kept in our state, but being a former CA notary, I keep one, require everyone to sign. They recommend keeping a notary journal in NC, wish they'd make it a requirment.

Reply by Stephanie_CA on 5/22/06 3:01pm
Msg #121517

Re: sign the journal...All document signers always...

sign & thumbprint my journal.