Posted by Ohio Mobile Notary on 7/12/10 4:29pm
Msg #344642

E-Signings

I need a brief update on e-signing. How does it work? What are the differences from regular Document signings?

Reply by MW/VA on 7/12/10 4:33pm
Msg #344643

There's been many discussions. You can pull them up using the orange search button.

Reply by Yoli/CA on 7/12/10 4:38pm
Msg #344645

E-signings are conducted via computer - yours or the borrower(s).

Some time prior to signing, you will be given access to loan package as you will need to print some docs (2 sets - 1 for borrower(s) and 1 set to return signed and notarized). Notarized docs are still wet-signed whereas, all other docs requiring signature are done via computer.

The usuals are Amtrust and Flagstar.

Reply by Roger_OH on 7/12/10 4:46pm
Msg #344653

These are signings that you conduct using your laptop to scroll through documents; the borrowers electronically sign the documents, and you electronically notarize them on your keyboard. There are also usually a number of loose paper documents that you need to have executed.

Here in Ohio, I used to do some of them for AmTrust and FlagStar TCs, but I found the scrolling process slow, tedious and not conducive to describing the documents; I could do a paper package in half the time. Add to that the cost of a laptop air card, and overall, it just wasn't worth it to me.

I know some here have had a more positive experience, but I didn't enjoy doing them.

Reply by MW/VA on 7/12/10 9:19pm
Msg #344701

I agree with you on this one, Roger. I never saw that many come down the road, and it just doesn't warrant the extra expense. Of the two platforms, AmTrust is the easier one.
I heard on another forum about a notary that was sent an Ipad by the lender to use & then return. That sounds interesting.

Reply by Ohio Mobile Notary on 7/12/10 10:11pm
Msg #344703

Thanks guys, I'm not going to waste my time

Reply by davidK/CA on 7/12/10 6:57pm
Msg #344678

More work for the NSA but usually the same or less money.

Just my humble opinion.