Posted by jlissem on 11/18/06 11:25am
Msg #160979

Five Giant Title Companies Have Decided

that the GLB Act will require State Comm. Notaries Public to have CBCs and compliance training to handle documents with consumer financial info.
They have appointed the NNA to handle this matter.
The NNA has appointed Signix as their trusted 3rd. party vendor to do these checks.
Signix farms this out to Lexis Nexis.
Lexis Nexis is owned by Reed Elsevier Group HQ'ed in London England.
So we have a British firm handling confidental Notary information to meet a "MANDATE" of the U.S.GOV????
Perhaps Scotland Yard might be in on this!!

Reply by Poppy on 11/18/06 11:33am
Msg #160981

I'm still waiting to see what the answer is for the

compliance training portion of the so called "requirement". It would seem to me that the compliance training portion is really what matters most. It's also the most mis-understood part of the GLBA...

Reply by MikeC/NY on 11/18/06 11:57am
Msg #160984

Signix doesn't "farm it out" - they use the LexisNexis database to do the research. That's what it's there for - research. The information needed is already IN the database before Signix starts looking for it. That's very different from what you're trying to imply.

Besides, what you want on a background check is to have them NOT find anything about you - that would be a good thing...

Reply by TitleGalCA on 11/19/06 9:54pm
Msg #161181

For gods sake, jlissem

do take a minute to read the freakin headlines when you log in here to NR.

You're reactionist post isn't helpful to the industry, or to notary rotary.

If you're into Drama, join a theater group.

Reply by SanDiegoCA on 11/20/06 3:07pm
Msg #161284

Re: For gods sake, jlissem

Just a little reminder, Dear .......

Some of us don't have the "free time" to look in here daily, OR read back through days of mostly OT postings .......... so please don't feel like everybody reads every post like you might be doing .....