Posted by blgnv on 9/1/07 2:13pm
Msg #209063

Signing Pro

Has anyone signed up for Signing Pro in Ca, and did you take their test "Reeves/Hary Qualifying Quiz? Any info on them would be appreciated. Have a good holiday!!

Reply by Larry/Ca on 9/1/07 2:25pm
Msg #209064

They boast that only 17% pass their test and qualify to be part of their team. I think that some of the answers they consider correct are at odds with what most notaries would do.

Reply by blgnv on 9/1/07 5:14pm
Msg #209080

I felt the same way when I looked at their quiz, Larry. I have done over 300 signings and all were correct not requiring a second trip, and never did I ever see some of the things they were asking. I worked in a NY law firm for 20 years (in the financial end) but I still have no idea why they expect notaries to be aware of info that is not common to the average signing. Well I am glad someone else felt the same, have a GOOD weekend!!!!!

Reply by Lee/AR on 9/1/07 6:55pm
Msg #209086

Basically--$50 co. Also agree 'answers' miss the general mark. Some are co-specific.

Reply by franny on 9/1/07 7:29pm
Msg #209097

i am in the process of taking that test - can you tell me what is a trust certification - question 19A

Reply by BrendaTx on 9/1/07 8:52pm
Msg #209105

Franny, First of all, I don't have a what a trust certification is as it relates to reverse mortgages and I have done a pile of them. Don't know and don't care because it is irrelevant as far as I am concerned. I work for a law firm which does a lot of estate planning and I'd say, based on my experience in that job, that a "trust certification" is something I have never heard of in specific terms and is probably is specific to one lender's packages. If I had to guess I would figure it for a piece of paper that the trustee signs certifying that a trust exists.

Secondly, if you don't know, don't try to bluff your way through it. You'll look like a fool. I'd be up front with them and say you don't know but that you DO know how to notarize a document so if it's got a notary certficate on it it will be notarized properly.

Third, it never is very welcomed to ask for help on a test with this board. I am not griping about it because I can see why you'd think it was "on topic" in this thread, but just know that some, like myself, think if you don't know the test answer you should be up front about it or research it yourself...even if that means calling the signing company to ask what they are talking about.

Reply by BrendaTx on 9/1/07 8:53pm
Msg #209108

Re: Signing Pro - correction

**Franny, First of all, I don't have a what a trust certification**

should be

I don't have a clue what a trust certification is...

Reply by natogan on 9/2/07 12:40am
Msg #209123

Re: Signing Pro - correction

Usually it is a jurat. The doc : 4 pages. I believe that certificate of trust for filing evidence of a trust without the having to record the entire trust document. The individual trustee may present a certification of trust to any person in lieu of providing a copy of the trust instrument to establish the existence or terms of the trust. A certification of trust may be executed by the trustee voluntarily or at the request of the person with whom the trustee is dealing.

Reply by Hugh Nations Signing Agents of Austin on 9/2/07 6:55pm
Msg #209177

Franny asks: "...can you tell me what is a trust certification..."

Certification of trust:

"A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a "certification of trust."

The more relevant question is, Why on earth would you need to know that as a signing agent? If it's in front of you with an attestation of some sort, you notarize it.

Reply by ANN M GREENE on 9/3/07 9:52am
Msg #209188

I TO HAVE JUST TAKEN THE TEST AND WAS VEY TAKEN BACK WITH THE RESPONSES THEY WERE LOOKING FOR ON A FEW QUESTIONS. I HAVE AM A FORMER BANK MANAGER / LOAN OFFICER AND HAVE BEEN A SIGNING AGENT FOR MANY YEARS. THEY ARE LOOKING FOR THE ANSWERS THEY WANT TO HEAR NOT WHAT ACTUALLY HAPPENS DURING THE SIGNING OF THE DOCUMENTS. IT WAS A NICE TO SEE THAT I AM NOT ALONE WHEN IT COMES TO THIS COMPANY AND THE RESPONSES THEY WERE LOOKING FOR ON SOME QUESTIONS.

Reply by blgnv on 9/4/07 1:45am
Msg #209222

I am sure glad to see I am not alone on how I felt about their QUIZ!!!!! Thanks for those who responded. I do hope that September picks up for everyone.

Reply by CJ on 9/3/07 10:03am
Msg #209189

Trust Certification

I am not an attorney, but this is what I see:

Here in California, any time there is a property in a trust, this is included. It has some questions on it that have to be filled out like: exact name of trust, date of trust (both of those answers can be found on the DOT), Settlor (who created the trust) Trustee (who controls the trust) (both answers are usually the borrower) (If you are signing Joe Schmo, and it is the Joe Schmo trust, then he created it and he is controlling it). If they don't know the answers, I tell them to get their trust and find "settlor" and "trustee". There is one question near the end that I never know the answer to, something about "title to be taken as". We always just leave it blank, and it never comes back. I don't tell them how to fill it out, becuase that is giving legal advice. I just point out the questions, and have them fill out their answers. Then it says something about "I swear this is all true". The notary language is usually on it.

In a Reverse Mortgage, what I see is this: Becuase the Lender is going to pay off the Reverse Mortgage out of the estate, they usually take it out of the trust. then I suppose the trust has to be re-written to accomodate that, before they put the property back in. Of course, I never explain this, but if they have questions, I tell them to talk to their attorney who created the trust.

Of course, I always tell them that I cannot give advice or opinions becuase only an attorny can do that, and I am just a notary. People doing reverse mortgages with a trust usually are knowledgeable and well off, so they understand their trust. They just write slowely. They also read a lot becaluse they are older.