Posted by vernell Charles on 3/18/08 6:46pm
Msg #239727

Question from a new Notary

When we leave the set of Docs for the Client/Borrower does that set of Docs need to be signed and Notarized also or do we just have the original set for the Lender all signed and Notarized? I'm new at this.

Reply by Sandra Clark on 3/18/08 6:50pm
Msg #239728

Who trained you?

Reply by ZeeCA on 3/18/08 6:52pm
Msg #239729

OH LORDY... wonder who? or no training? just make it up as

u go?

Reply by Becca_FL on 3/18/08 6:56pm
Msg #239730

What does common sense tell you? n/m

Reply by Sandra Clark on 3/18/08 7:03pm
Msg #239731

Re: What does common sense tell you?

Should have told her not to get into this line of work now to begin with....but did she meet some smooth talking "snake oil" salesman that told her she could make $100k+ a year, & only work when she wanted. I think most of us know that salesman.

Reply by aatatusko on 3/18/08 7:11pm
Msg #239733

no

Reply by RickinVA on 3/18/08 7:13pm
Msg #239734

Since no one else didn't have the courtesy of answering your question, I will: No, those copies do not have to be notarized. I would suggest you find some trainng so as to give the borrowers some semblance of professionalism and so you have an idea of what you are actually doing.

Rick

Reply by vernell Charles on 3/18/08 7:23pm
Msg #239736

Thank You, as I said I am new and just starting out. I was trained and did not start processing Loan Docs immediately after training it had been several months. I appeciate your help. Glad someone offered to help out the new kid on the block.

Reply by desktopfull on 3/19/08 8:33am
Msg #239776

Your not the new kid on the block, you like many others that got a notary seal and then asked "How do I do this business?" from your competition. Also, you need to review your training manuel and learn the correct terminology for this line of work, you are not a loan processor. You are a mobile notary signing agent. I suggest you go back and redo your training, right now, I feel sorry for any borrower that gets stuck with you as their signing agent.

Reply by D. David Hughes on 3/19/08 9:20am
Msg #239785

You people are vicious!

Reply by desktopfull on 3/19/08 9:34am
Msg #239788

Not vicious, as you state, just telling the truth! n/m

Reply by Scamp/AZ on 3/19/08 10:28am
Msg #239801

I am totally amazed at the nastiness of this forum. There will ALWAYS be new people coming into this field. I, for one, do not want a newbe to ruin my reputation, so will always answer questions for them. It is a horrible time for all of us, but it will pass. A little compassion to our fellow humans would be nice.

Reply by desktopfull on 3/19/08 11:02am
Msg #239807

Why is a "Newbie" automatically entitled to our knowledge?

Why aren't "newbies" expected to have already researched and devised a business plan before delving into a professional service business? Furthermore, why is it considered "vicious" or "nastiness" to tell them that they should have done their homework? My compassion goes to the borrower, TC or SS that has to contend with the incompetent "newbie", not the "newbie" that has demonstrated by not training properly, researching and devising a business plan that they have no business in this profession. Did it ever occur to you that one of the reasons a lot of the TC's and SS's are lowering the fees they pay us is because we keep encouraging and helping incompetent notaries to stay in the profession?

Reply by A-1 Signing Agents, LLC on 3/19/08 12:20pm
Msg #239822

Re: Why is a "Newbie" automatically entitled to our knowledge?

Weren't you a newb at one point? Or did you just know everything? I felt sorry for that guys questions as soon as I read it. I knew he'd get ripped. That was one of my reason's when I first started not to ask questions in here.

Reply by desktopfull on 3/19/08 12:29pm
Msg #239823

Re: Why is a "Newbie" automatically entitled to our knowledge?

I was a newbie about 8 years ago, but when I chose to do closings I was already familar with the loan docs, having done work for a real estate attorney. I was familar with the laws of the state, I got my notary seal while I was working as a civil process server for several counties in my area. No, I didn't see a flyer, attend a seminar, go onto a professional website and announce "Okay, I'm going to be a NSA, please tell me how to get business and what I'm supposed to do with the documents!"

Reply by Marlene/USNA on 3/19/08 3:23pm
Msg #239865

Re: So, essentially. . .

. . .you got on-the-job training. That's nice. Not everyone has so much foresight.

Reply by desktopfull on 3/19/08 3:33pm
Msg #239871

Re: So, essentially. . .

Were you confused as to what to do with the borrower's docs when you accepted your first closing? I've yet to get a closing that didn't have in the written instructions to "print a blank copy to leave with the borrower."

Reply by Marlene/USNA on 3/19/08 3:36pm
Msg #239872

Re: A little defensive about a compliment?? n/m

Reply by Sylvia_FL on 3/19/08 2:01pm
Msg #239849

Re: Question from a new Notary - Scamp

Why would a newbie ruin YOUR reputation? If they screw up it is their own reputation they ruin and no-one else's. (Unless you trained them)

Reply by Nomad/OR on 3/19/08 12:02pm
Msg #239814

Kinda makes you realize

why some agencies are hostile to us. Not wanting more competition for the work is one thing, but public denigration is reflective of the poster. You need thick skin to post here, as I'm sure to find out in a minute...

Reply by desktopfull on 3/19/08 12:16pm
Msg #239818

Re: Kinda makes you realize

I'm not concerning with competition. I'm concerned about incompetence and the fact that the orginal poster represented himself as a professional in this business, accepted an assignment and doesn't even know what to do with the borrower's copy. That's what is denigrating this field. Again, my sympathy goes to the borrower whose loan docs this person has.

Reply by LindaD/NJ on 3/18/08 7:16pm
Msg #239735

No, Vernell, you just leave a full set (copies) with the borrower, unsigned, and unnotorized. Also, make sure the borrowers copies have at least two (2) right to cancel for each borrower in their copies.

Reply by JanetK_CA on 3/19/08 12:31am
Msg #239759

Just to be clear, the extra RTC copies SHOULD be signed and filled in, if necessary, unlike the rest of the borrower copies. Ideally, if they decide to cancel, they should be returning a page that looks like what the lender has on file, except for the cancellation signature and signature date.

Reply by SShoreDude on 3/19/08 8:56am
Msg #239780

It takes courage

for a new person to post a question like that. As much as I try to remain sympathetic to the new people and thier questions, but its very hard. You have to have some rudimentary knowledge of the closing process, not just on how to be a notary.

I suggest contacting a local notary or attorney in your area and ask them if they would be kind enough to allow you to go with them to a closing or two so you can see how the process works.

Reply by D. David Hughes on 3/19/08 9:24am
Msg #239786

Re: It takes courage

Much more helpful and directive answer than some of those from the other sharks out there.

Reply by desktopfull on 3/19/08 9:37am
Msg #239789

To bad he doesn't live near you, so you could train him. n/m

Reply by D. David Hughes on 3/19/08 9:39am
Msg #239791

Re: To bad he doesn't live near you, so you could train him.

You're right. I might need someone someday, and you might also! I wonder who will be willing to help you?

Reply by desktopfull on 3/19/08 9:50am
Msg #239795

Re: To bad he doesn't live near you, so you could train him.

No one helped me get into this business, I did it on my own. I had a business plan and then carried it out. I didn't get on line and request the other professionals in this business to tell me how to perform the duties this business or how to set up a business. If I need help I already have a network of other "experienced" professional NSA's to contact. I certainly wouldn't use someone that didn't know a thing about leaving borrower's documents and claims to have received training. Also, what about the GBLA requirements? Or did you forget about that?

Reply by D. David Hughes on 3/19/08 11:17am
Msg #239808

Re: To bad he doesn't live near you, so you could train him.

""I did it myyyyyy way"". ""And I'll be damned if I'll help anyone else!""

".............. whatever you did not do for the the least of one of these, you did not do for me."
Matt 25:45

Reply by tinkie on 3/19/08 11:25am
Msg #239809

Matt 25:45............pretty simple, huh? n/m

Reply by BrendaTx on 3/19/08 11:34am
Msg #239810

Tinkie and David...you are taking scripture out of context. n/m

Reply by D. David Hughes on 3/19/08 11:58am
Msg #239812

Re: Tinkie and David...you are taking scripture out of context.

Hardly. See private reply.

Reply by aatatusko on 3/19/08 12:42pm
Msg #239826

Re: Tinkie and David...you are taking scripture out of context.

I wouldn't dare try to quote the Bible, but I will quote my mom, she always said 'God helps those who help themselves'. Works for me. By the way we got tickets to the Papal Mass in April!!!

Reply by BrendaTx on 3/19/08 2:59pm
Msg #239859

**I wouldn't dare try to quote the Bible,**

I do...frequently...to MYSELF. Hopefully if enough gets INSIDE OF ME it will improve ME which is the only person I have any kind of control over at all.

Reply by BrendaTx on 3/19/08 2:31pm
Msg #239852

In answer to your PMs D. David Hughes...

There's the entire 7th chapter of Matthew.

How 'bout let's both take a time out and read it and apply it *personally* and stop worrying about what others are doing?

Reply by tinkie on 3/19/08 11:59am
Msg #239813

Bottom line Brenda...it never did hurt to be nice to people. n/m

Reply by BrendaTx on 3/19/08 12:18pm
Msg #239820

Gentlemen, Just walk the walk, cut back on "the talk".

By the way...for the purpose of this forum's exposure to your random pulled quotes from the Bible, I suggest a hard look at the Matthew 7:6. This is the discussion of tossing pearls before swine. No need to start stuffing Bible quotes down the throats of others.

(NOTE: No one in this forum is being called swine! The point is not about pigs and pearls...it is that this isn't the place to bandy around precious information from the Holy Bible which will evolve into an argument or people telling you that you should stop discussing religion here...or to keep your Bible stuff out of their face.)

Okay...I'm done.

Reply by MichiganAl on 3/19/08 6:49pm
Msg #239889

You were a real sweetheart before your identity became known

How many times did you get deleted by the owner of this site? Like Brenda said, less talkie talkie, more walkie walkie.

Reply by BrendaTx on 3/20/08 7:19am
Msg #239942

Alex, you asked how many times tinkie got deleted--10

Reply by desktopfull on 3/19/08 12:06pm
Msg #239817

Re: To bad he doesn't live near you, so you could train him.

I've helped many professional NSA's in my area, their printer breaks down, I print their docs and they come by and pick them up. Their car breaks down, I go pick them up and take them to their closing. There's a difference in helping someone and setting someone up in business.

IMNSHO, my response was helping him. I told him to get a clue about how to operate a business before representing that he could provide a service he obviously doesn't know how to perform. Also, if I wanted to be vicious, my response would have been: "Please pick up the phone and call the TC or SS that hired you and apologize to them for accepting the closing and misrepresenting the fact that you knew how to conduct or perform a closing. Then apologize on this forum for lowering our professional status with your misrepresentation of being a NSA." That's being vicious!

But, it's also truthful.

Reply by jba/fl on 3/19/08 10:19am
Msg #239798

I will, among others. n/m

Reply by Joan Bergstrom on 3/20/08 12:11am
Msg #239934

Re: To bad he doesn't live near you, so you could train him.

Call me tomorrow: I can give you some help. 951-522-4919

Reply by desktopfull on 3/19/08 9:31am
Msg #239787

Re: It takes courage

"I suggest contacting a local notary or attorney in your area and ask them if they would be kind enough to allow you to go with them to a closing or two so you can see how the process works."


Sure, I can see it now! I get a call from a complete stranger: "I've decided to become a notary signing agent in this area and would appreciate it if you would allow me to ride along with you and learn the ropes of this business." Sure, good paying clients and closings are so bountiful right now that I'm going to train someone to become my competiton in my own backyard. Can we get a "REALITY CHECK" here? Did you forget about the GBLA requirement on the borrower's privacy? I don't believe the TC or SS would appreciate having the borrower's documents being viewed by an outside person.

Reply by Leslie_Mo on 3/19/08 9:38am
Msg #239790

Re: It takes courage

I think you opened up a whole new can of worms with this statement.

"I suggest contacting a local notary or attorney in your area and ask them if they would be kind enough to allow you to go with them to a closing or two so you can see how the process works."

Most lenders and borrowers wouldn't want an "extra person" observing their loan closing. I personally don't mind talking on the phone with a new notary about the loan signing process and the business in general, but would never consider taking them to the closing due to privacy issues, etc.

Reply by tinkie on 3/19/08 10:37am
Msg #239802

My first loan was a 143 page CW. Took the job for their

measly $95, opened the file that was SOOOO intimidating with all the attachments and all,and proceeded to print out the package on my $39 HP deskjet. It just kept sitting there going "ennt, ennt, ennt, ennt" ??? And after 14 trips to the ink store and wallyworld for more paper and ink, I had about 60 pages printed.

I was nearing divorce, as my wife was helping me with this task and new business we were going to retire on, when I realized it was 1:30 in the morning and I had to be at the signing at 8 A.M. Something began to whir and buzz in my head that made me think this was all going awry. Then I snapped!

I was scared to death when I called the TC and told them I was having printer problems. They asked me how much they owed me for the work I had already done. I told them it was free, for fear of them asking me to send it to them for their review.

Moral of all this BS..........We ALL started out needing help. I sought it after that fiasco, and was trained by someone who had done this for 15 years. I have not grown too big to fit my britches. Therefore I will help someone new if I have time, but I won't CREATE new "mobile notaries" by blurting out what I do to everyone I come across, borrowers especially. "Hello Mrs. Smith, I am so and so, and I have some papers for you to sign"!! .......Thats it. Nothing else. I don't need somebody to think I'm important.

Reply by SueW/Tn on 3/19/08 10:47am
Msg #239805

My first hand view of a brand new SA

isn't good. She did the second part of a split signing 50 miles from me (SS didn't want to pay extra for mileage) AND called SS on me to notify them I didn't complete the job correctly. I "didn't stamp the ID page which specifically asks for notary seal". Yep, that's a big 10-4 as law forbids me to notarize my own sig. She called SS because "she didn't want this loan held up for funding because of my error". Ok ok, I call her and explain AND she informs me to notarize this doc merely confirms I've indeed checked the ID. I tell her to do hers her way and I'll stick to doing mine correctly, thank you and bye now.

I then check out her web information, NP for 9 years (goodie) and SA for 6 specializing in immigration and bankruptcy docs. She's either new to my area or new to the SA world, don't know which but I do know that charging $75 for any e-doc job regardless of mileage and $50 for O/N's including mileage has somewhat dampened my business. I'm holding tight to my fees but I really wish this "experienced NP" would learn her NP rules and regs...I tried to explain BUT she wasn't having any part of it. I guess I'm too much of a rookie...onward and upward all. Don't be vicious, just say no.

Reply by CJ on 3/19/08 12:05pm
Msg #239815

Tinkie: I like how your printer was going "ennt - ennt"

I remember my first job. I had NO training. The SS service said, "You don't have to explain anything, just have them sign in the right place."

I went to that first house, nervous about being on a new job, scared that I was going into a stranger's house. I was shaking and had that deer-in-headlights look.

Borrower: What's my loan amount?
Me (terrifed): I don't know.

Borrower: What's my interest rate?
Me (more terrified) I don't know.

Borrower (squinting suspicously at me): Who do you work for?
Me (shaking with terror): I don't know.

Borrower (throwing down the pen): I'm not signing - this looks like a scam.

I left.

That was eight years ago. I can explain EVERY doc now. I close in 1/2 hour every time, unless it's an engineer.

Reply by tinkie on 3/19/08 12:19pm
Msg #239821

You hit the nail on the head, CJ! Well, my printer is hot ..

now, and I have to go do a "point and sign closing". I, too, have it down to a 20-30 minute deal. No talkin', just signin'. Thats what their copies are for and the LO's phone#.

Don't ask me nuthin'......................cauz I bop my gums real fast that I'm just here to make sure you are the man and watch you sign only.

ADIOS!

Reply by Sylvia_FL on 3/19/08 1:59pm
Msg #239847

Re: Tinkie: I like how your printer was going "ennt - ennt"

Yes, my first signing, SS told me it was easy, the places where the borrower had to sign would be highlighted. These forums were not around to ask questions, and I was very nervous - also upset that day as my father passed away unexpectedly that morning, but it was too late to ask the company to find someone else.

Borrower asked questions, but common sense told me where on the docs to find the answers.
Every question the borrowers asked I was able to show where the answers were on the docs.

Reply by sn/oh on 3/19/08 2:54pm
Msg #239857

Too Funny! n/m

Reply by Lee/AR on 3/19/08 12:46pm
Msg #239827

Are you saying you did this on an inkjet??? n/m

Reply by BrendaTx on 3/19/08 3:02pm
Msg #239860

Lee...that was my first thought too.

Inkjet? Really!

We TELL companies we are using laser printers when we take the job...so surely we KNOW we are supposed to be using laser printers. Why would we use anything else or fib about it?

If we didn't say we were using laser printers, when we took our first job, we darn sure implied it somewhere. We knew better than NOT to use a laser printer.

Reply by JanetK_CA on 3/20/08 2:13am
Msg #239935

Re: My first loan was a 143 page CW. Took the job for their

Some of us spent a long time studying up before taking on our first signing. My first one, I spent nearly two hours going through the package ahead of time, flagging everything with those little red "sign here" flags (that I now hate).

It never ocurred to me to ask my competition how to do something. I didn't expect someone else to train me. If something came up that I couldn't figure out on my own, I asked my client. As a result, I probably lost a few clients along the way, but I kept learning and reading. I didn't find these boards until after my first year in the business, even though I checked online when I first started. In the long run, I think I was much better off for it.

That "you were new once, too" justification doesn't hold any water with me -- and I'm sure I'm not alone in that regard. I think the lesson people here are trying to convey - each in their own way... - is that we must take responsibility for our own business, whatever it might be, if we expect to succeed.