Posted by NancyP/Mass on 6/25/07 11:51am
Msg #196799

To All Massachusetts Notaries -especially Korey

Hello everyone!

I received this e-mail a few minutes ago and I was wondering if any of you are aware of this circulating. I have spoken to several attorneys that I currently work with and they have not been notified of any new "rules".

Nancy


"NNA is telling us that witness signing agents can no longer close in MA, even under the supervision of an attorney; that the attorney must attend and complete the closing and the concomitant affidavit(s).

Reply by NCLisa on 6/25/07 12:31pm
Msg #196813

Can you post the email they sent you?

Reply by Korey Humphreys on 6/25/07 12:50pm
Msg #196818

Hi Nancy,

My attorney and I haven't heard anything about that new rule. I'm not sure how they could just make up a new rule like that without approval from the Governor. Executive Order 455 (04-04) is the law, and until it is changed, I'm not going to worry about what the NNA says.

Thanks for the information and if you hear anything new, please let me know.

Korey

Reply by NancyP/Mass on 6/25/07 2:16pm
Msg #196845

Hey Korey,

Thanks for your feedback. I too checked around and made some phone calls and no one I spoke to was aware of any changes either. I just wanted to bounce things off the rest of the MA notaries.

Nancy

Reply by Tina_MA on 6/25/07 1:27pm
Msg #196828

I just called the Governor's Legal Counsel. They stated that no new law has been passed. Therefore, Executive Order 455 (04-04) is still the prevailing law for MA notaries.

Reply by Tina_MA on 6/25/07 1:30pm
Msg #196831

Re: Straight to the source

If you want to know what is really going on in MA, call the Governor's Legal Counsel.

You know the saying.....get the info straight from the horse's mouth, not from the horse's ass.

Reply by John_NorCal on 6/25/07 1:57pm
Msg #196839

And the NNA gets another notch in their misinformation...

gun stock! Sheesh!

John
http://www.notary-4you.com

Reply by NancyP/Mass on 6/25/07 2:22pm
Msg #196849

Re: Straight to the source

Ha ha Tina!

I ike that statement! Thank you for your reply and validation. As I also said to Korey, the people I have been working with also had not heard of any new ammendments. However, I will say-that I have lost a major player in my notary referrals because the lender "Countrywide" will no longer allow notaries for anything!!! They are insisting that an attorney be present for refi's etc! This is killing my business! I think perhaps, what the NNA has mistakenly said has rippled over to a few places and is drying things up here in Massachusetts.

I think we as Ma notaries should perhaps unite!

Have a fine day.

Nancy

Reply by PL on 6/25/07 2:25pm
Msg #196850

Must only be in the Coomonwealth

I have closed 3 countrywide loans today and have 3 more scheduled this PM, all without the use of a lawyer.

Reply by NancyP/Mass on 6/25/07 2:34pm
Msg #196851

Re: Must only be in the Coomonwealth

They pretty much have halted all the countrywide loans here in MA for notaries. AND, my son is a Countrywide loan officer!! It really sucks.

Reply by Dorothy_MI on 6/25/07 3:40pm
Msg #196857

Nancy, talk to Renee/MI

She posted just below your subject. She may have some ideas for you.

Reply by FLdocrunner on 6/25/07 4:19pm
Msg #196869

Re: Nancy, talk to Renee/MI

Renee has a lot more than just ideas!

Reply by NancyP/Mass on 6/25/07 2:35pm
Msg #196852

Re: Must only be in the Commonwealth

They pretty much have halted all the countrywide loans here in MA for notaries. AND, my son is a Countrywide loan officer!! I work under the attorneys that handle all the countrywide closings in Ma and we can't even work under an attorney. It really sucks.

Reply by MikeC/NY on 6/25/07 9:42pm
Msg #196931

Reality check

Who did the email come from, and have you confirmed that the NNA is actually saying this?

I know they get things wrong (their recent commentary about a bill in the NY legislature was way off base), but I haven't seen anything from them recently about a change in MA statutes.

A specific citation identifying the NNA as the source of this would be helpful...

Reply by ReneeK_MI on 6/26/07 5:33am
Msg #196951

Re: Reality check plus an idea or two

What we have so far is some hearsay about the NNA, Massachusetts and Countrywide. If, indeed, CW is no longer allowing for closings to be done under atty supervision there - and on that all we have is rumor - it might not have zip to to with any government action/change to Exec. Order. There's more than one way to change the protocol of a huge national company - sue them. It might well be that CW is going through litigation that has caused their legal dept to reconsider the acceptability of supervised closings in certain states, perhaps another 'atty closing' state. I say MIGHT because I have no clue. It might even be a determination of risk made by whomever buys their loans, or it might have something to do with their licensing in that state - could be a lot of different things, or it could be NOTHING but rumor and completely unfounded.

Reply by BrendaTx on 6/26/07 6:39am
Msg #196958

Re: Reality check

**A specific citation identifying the NNA as the source of this would be helpful...**

Exactly. I'm no fan, but that's a pretty big blob of misinformation to be attributed to them if it isn't so.