Posted by John Temblador on 1/26/07 2:14pm
Msg #172713

Got one today! GMAC loan....

Yesterday I received a call for a notary loan signing.., docs delivered to my address for a local signing for Friday. They were paying only $75.00, but I stated my fee was $100 (Docs with Borrower of FedEx.) They called me back and approved $100.00 fee. Got loan and only (2) notarizations and small faxback. I usually add $25.00 for faxback but could not get that approved and since things have been a little slow, accepted in the spirit of cooperation.

I figure local signing, no printing, got docs for review, plenty of time for signing.. not a bad day!

Reply by GF_CA on 1/26/07 2:30pm
Msg #172717

Re: Got one today! GMAC loan....2 appointment and...

no docs yet :-(

Reply by ME/NJ on 1/26/07 2:37pm
Msg #172720

GMAC loans (Di-tech) are quick but low pay. They now use e-signatures on all prelim docs, if things move forward notaries may not be need in a few years.

Reply by Margaret_FL on 1/26/07 2:48pm
Msg #172722

The signatures will still have to be notarized on the DOT. I just got my electronic notary seal. I feel a notary will always be used but you need to keep up with technology.

Reply by Shannon_Va on 1/26/07 4:42pm
Msg #172745

What do you have to do to get an electorinc notary seal?

Reply by Margaret_FL on 1/26/07 5:04pm
Msg #172749

Go to the NNA website to see if your state is doing the ENS yet, not all states are. I applied for it just like your commission. They are only good for 1 year.

Reply by ME/NJ on 1/26/07 10:53pm
Msg #172800

No ens in NJ and you won't see it for a long time here. Not unless someone powerful feels they can make a ton of money, plus not all the county clerks are online.