Posted by natogan on 8/29/07 2:44pm
Msg #208406

To Paw and Sylvia

Dear Paw, and Sylvia if you could help me I would appreciate you. Today I've had a signing and I feel I'll blew up. One of the companies I work for, LO is always present during our signings. I would like to show you a picture of the signing: I came and saw three people are sitting in the room: borrower, LO and the other is unknown entity who was not introduced to me. I saw that all forms are signed without my presence. I remain calm and I asked LO if he has a copy of the whole package. Likelly, he had and I asked the borrower to sign forms for notarizations again and NRC was a wrong date, they counted today's date. All of sudden LO asked me to give an explanation of the forms. I patiently explained the purpose of each form. The assignment was completed successfully. LO was very happy and then introduced his unknown friend, saying he (LO) is training him. I was shoked because he(LO) needs to be trained himself: I believe he has no licence. I realized that this unknown entity wants to be a notary. Isn't it unprofessional and illegal? I believe that we can't bring people to the signing. Don't you think I need to talk to LO about it, or just drop it?

Reply by Sylvia_FL on 8/29/07 3:34pm
Msg #208421

We shouldn't be taking anyone else to the signing. The LO is a different kettle of fish.
The only docs borrower would need to sign again were those containing jurats.
If LO had asked me to give an explanation of the forms I would have politely told him that it would be UPL for me to explain the forms.

The LO may have got the borrowers permission to take the other person along with him. There really is nothing illegal in that. I would just drop it.

Just a hint, whenever I have gone to a signing and there is an unknown entity there, I extend my hand and introduce myself and say "and you are?"

Reply by Todd/OH on 8/29/07 3:34pm
Msg #208422

I couldn't help it - -

but to chime in with my 2 cents. There is only one lender in my experience who insists that the LO attend the closing. It's a Citicorp product and I can't remember who brokered it. The LO in your case needs to get his act together and to show someone else the wrong way to proceed is uncouth. Remember, new notaries are often mentored by a seasoned notary until they learn the ropes.

There are a couple forms that are required in Ohio as of Jan of '07. I did a signing in July during which the LO seemed to have no clue what they were. "I've never seen this form". My reply - "You're joking !!" They have tried to solicit me to become a LO for their firm and offer "financial freedom" to the client.

Reply by natogan on 8/29/07 3:55pm
Msg #208429

Re: I couldn't help it - -

Thank you Sylvia and Todd for your responces. Yes, Sylvia the forms contained Jurats, that is why I asked the borr. to resigned. I have reasons to worry about unknown person, because I know that this LO was trained by one of the knowledgeable Real Estate Broker who I work for as well, and he decided to let him (LO)go because of his illegal acts. Thanks again, I will not talk to him, unless my integrity is not involved.

Reply by David Kral on 8/29/07 6:20pm
Msg #208452

It is a fine line and you cooperate and work with the loan officer but never forget, you control the signing and your stamp. You absolutely can state you need to know who and why the other person is there. It might be duress to get the borrower to sign.

Reply by MikeC/NY on 8/29/07 6:50pm
Msg #208457

<< You absolutely can state you need to know who and why the other person is there. It might be duress to get the borrower to sign. >>

I don't think you need to get aggressive about it. Sylvia's right - a simple handshake offered while introducing yourself and saying "and you are?" should be enough, and it doesn't put anyone on the defensive.

Reply by CJ on 8/29/07 11:53pm
Msg #208488

This is horrifying to me! What a shocker! I told my husband, and he said you should have said, "My training fee is $500".

Thank you so much for sharing this story with us. Now if it happens to me, I will be ready (I hope).

Reply by natogan on 8/30/07 12:20am
Msg #208490

Sorry I missed your responds, because I've had a signing afternoon. Thank you, all of you for your support, I decided to drop it. We have a good expression in Russian language: Boss orders music. You probably have a similar one. He probably realized that he can't let the borr. signed docs when Notary is not present, of course I mean Jurats. I don't think he knows the differences of Jurat and Ack. I hope that next week he will not bring a free trainee.