Posted by HisHughness on 8/29/11 11:44pm
Msg #395672

A new one on me

Reverse mortgage signing Friday. Did all the notarizing. Entered everything in the journal. It’s EOM, so I’m pushed, but I double-checked; everything signed correctly. Got package off in time for delivery Monday. Something kept nagging at me, though. Finally, Sunday I pulled up the documents and looked at each one holistically – and I found it.

The Correction Agreement – Limited Power of Attorney named <me> as the AIF.

Emailed the title company. Was told that’s what they intended to do, in the event I needed to make corrections at the table. They were not at all concerned that I notarized a document in which I had a direct interest.

So, in attempting to cover their ass, they left mine totally bare, and still wound up with an invalid document.

Reply by Buddy Young on 8/30/11 12:04am
Msg #395673

Re: wow!!!!!!!!!! n/m

Reply by ReneeK_MI on 8/30/11 6:47am
Msg #395681

Wow is right - they sure didn't think that one through. n/m

Reply by Lee/AR on 8/30/11 9:27am
Msg #395695

Years ago...don't remember who...I was designated on some doc as being the TC.
"Upon payment, yada, yada...(my name) will issue the Title Policy~~"

Reply by ikando on 8/30/11 9:30am
Msg #395696

So what does one do when something like that occurs. You didn't have any input for the docs, but you're named in a doc that will be invalidated because of your notarial role. Will you have to go back out to resign that particular form?