Posted by LisaWI on 1/22/07 10:55am
Msg #172024

Date Stamping

I know this has been discussed before but I cannot find the threads, could anyone direct me to the threads pretty please?? TIA

Reply by LisaWI on 1/22/07 11:04am
Msg #172026

Re: Date Stamping Or

I will take any and all opinions on this particular situation. How do you feel about being a notary and doing this??

Reply by Larry/Ca on 1/22/07 11:14am
Msg #172027

O.K. Lisa I give up...

What are you talking about? Stamping dates on documents?

Reply by LisaWI on 1/22/07 11:26am
Msg #172028

Re: O.K. Lisa I give up...

Yes, Im sorry, its typically known as date stamping. And specifically, Im talking about date stamping where the borrower would normally date themselves.

Reply by MistarellaFL on 1/22/07 11:35am
Msg #172030

I do it all the time

sometimes at the direction of the lender, sometimes I ask if this is acceptable
to the lender, as it does decrease signing times somewhat.
(If I have the time to pre-date)

Reply by Signing_Doc on 1/22/07 11:41am
Msg #172031

Re: I do it all the time....I Don't bcuz many companies I

have worked with want the dates in the customers own handwriting and not mine. I will prefill in the information which "I" complete, i.e. the name, date, venture etc of the event, but I do NOT fill out the date of anything for the borrower's. I did this once for CW and they sent it back for a redo because I wasn't allowed to fill out anything "For" the borrower. But Misty is correct, check with the lender to see if they will allow you to prefill...again if you have the time. "Doc"

Reply by ZeeCA on 1/22/07 11:59am
Msg #172033

Re: I suggest NEVER doing this Bcuz

if at a later time there is ANY question regarding that particular document/sig/date it will not come back to bite ya in the azzz.... how can you prove that the date is correct if different handwriting? It can come into question was it predated? postdated? the date of?

jmo it is not a good idea....

Reply by ZeeCA on 1/22/07 12:07pm
Msg #172035

or are you talking about using a stamp? n/m

Reply by LisaWI on 1/22/07 12:09pm
Msg #172037

Re: or are you talking about using a stamp? yes Zee n/m

Reply by PA_Notary_II on 1/22/07 12:49pm
Msg #172043

Re: or are you talking about using a stamp?

I am doing a C/W closing this evening. Their office in Broomall, PA requires the use of a date stamp. This is the only office of C/W that I know of that insists on a date stamp and won't accept the package any other way.

Reply by MistarellaFL on 1/22/07 1:03pm
Msg #172047

Nope, there are many CW branches

with that requirement.
I'll say this...don't do it without prior approval, but you'd be surprised how many CW
branches require it, and how many accept it.
But it not anything I would suggest doing without proper approval.
Just my experiences...

Reply by PA_Notary_II on 1/22/07 1:08pm
Msg #172049

Re: Nope, there are many CW branches

No doubt you are correct, Misty. The office in Broomall is the only one I've come across that requires it in our operating area. C/W seems to have as many outlets as Mickey-D's and they don't all serve the same soy-burgers, apparently.

Reply by jojo_MN on 1/22/07 4:02pm
Msg #172062

Message I got is CW is requiring all docs w/date stamp as of

Feb. 1, Iowa branches are requiring them immediately.

Reply by jojo_MN on 1/22/07 4:32pm
Msg #172068

This is the exact message we received

Starting February 1st we are going to require all Countrywide loans to be date stamped by notaries as opposed to having borrower’s date the documents. This is effective immediately though for all Iowa Countrywide closings which we will connotate when we schedule them. We will be adding 5.00 to your next closing to cover the cost of the stamp. As many of you know Countrywide has gotten very picky and they are trying to eliminate errors with the stamp verses borrowers writing the wrong date and crossing it out.

Reply by MikeC/NY on 1/22/07 4:20pm
Msg #172065

Re: CW loans

I had a CW loan recently where the instructions were to not allow the borrower to put dates on anything - dates would be stamped when the papers got back to the office. The only things I was to put a date on were my notarizations. I thought it was odd, but since they weren't asking me to do anything illegal I didn't question it.

Should a date stamp be part of the standard tool kit? It never occured to me until I read this thread; I just thought dates would always be wrutten in if they weren't already printed on the docs.

Reply by MistarellaFL on 1/22/07 4:38pm
Msg #172069

This is everyone's heads up...

Before long, I expect most of the CW and FS offices to be requiring it.
Apparently it is working well for the trial branches, so if you don't have one yet,
and do many CW's, you may want to make that investment.
I find it does reduce errors and time spent at the table....in my own, personal experience.

Reply by jojo_MN on 1/22/07 4:50pm
Msg #172073

I purchased the date stamp, but I have a question on how to

use it. When there is a blank to fill in the day (i.e. this ___day of ______, 2____). where would you stamp it? This is not a test question, just an obvious one that we will all be facing. TIA

Reply by MikeC/NY on 1/22/07 6:45pm
Msg #172090

Re: I purchased the date stamp, but I have a question on how

"When there is a blank to fill in the day (i.e. this ___day of ______, 2____). where would you stamp it?"

You can't stamp that one - it has to be written. Most of the time you only see that in the notary block, and since you own the notary block you would write it in regardless of what they want. If that wording appears on one of the docs you don't have to notarize, just call and ask what they want you to do.

Reply by MikeC/NY on 1/22/07 4:50pm
Msg #172074

Re: This is everyone's heads up...

Thanks Misty - I've been seeing a number of CW loans lately, so I'll head over to Staples tomorrow and pick up a stamp.

"I find it does reduce errors and time spent at the table"

Of course, that assumes you remember to set the right date on the stamp...

Reply by jojo_MN on 1/22/07 4:57pm
Msg #172076

Re: This is everyone's heads up...

That same subjec was brought up today. If you accidently put the wrong date on, you will have to re-do the whole loan or cross out, change and initial every date.

Reply by jojo_MN on 1/22/07 4:58pm
Msg #172077

oops! I meant Subject n/m