Posted by Sharon Taylor on 8/30/07 8:07pm
Msg #208781

Anyone heard of Keystone Vendor Management?

Got a generic email addressed to "Notary Signing Agent" (a red flag to me). The email wording sounded pretty good until I got to the part where they want me to pay a $6.95 "one-time administrative fee to verify your information and complete the enrollment".
Here's the email I got. Smells fishy to me. Feedback please. Thanks!

"With all the changes recently in the mortgage industry we have seen a mass exodus
of notary signing agents from the industry. Keystone Vendor Management provides
custom vendor management and closer rating systems for large relocation services,
high volume mortgage lenders such as NovaStar as well as some of the nations largest
title companies. These companies remain consistent in their need for mobile notary
signing agents. With so many notaries finding other sources of income the demand
for the remaining notaries has increased.
Keystone Vendor Management is recruiting experienced notary signing agents in your
area. We are seeking notary signing agents who have a strong knowledge of mortgage loan
documents, have a valid drivers license, and the ability to travel to loan closings. Our easy
enrollment process takes less than 5 minutes to complete.
Once you have enrolled in our system your information will be immediately available
for our clients. Our clients will contact you directly to negotiate your fee and
schedule loan signings in your area. Keystone Vendor Management charges a one time
administrative set-up fee of $6.95 to verify your information and complete the
enrollment process.
Please click the link below for more information."

Reply by Sharon Taylor on 8/30/07 8:13pm
Msg #208782

Color my face red for not using the Search feature

Sorry, gang, I should have used the search feature before posting. Please don't beat me up too badly.

Reply by MonicaFL on 8/30/07 8:36pm
Msg #208790

I got word - by accident - a couple of weeks ago that NovaStar shut their doors.

Reply by nm on 8/31/07 3:07pm
Msg #208941

I posted this same question a few minutes ago, sorry for the repeat. they sent my the same email, I also was wondering why they needed 6.95 for fees.