Posted by HisHughness on 7/26/11 12:09am
Msg #391202
I finally learn how a $65 NSA performs
My daughter closed a Quicken refi on her house today. Loan went fine: LO was quite up front and competent, doc packet only 74 pages, lender paid all costs. I was impressed. Until the signing agent showed up. That was surreal.
He was 45 minutes and four “I’m lost” phone calls late. My daughter finally had to go collect him; she lives in an established, well-developed suburban area. Asked, he said he did indeed have a GPS, but his 19-year-old son has insisted on appropriating it because “he says he needs it more.” What does a cheap GPS cost on Amazon nowadays, $75-100?
He had my daughter fill out his journal, including her DL information. Under the document section, he told her to enter “mortgage.” Texas law requires that the NP record a description of every document he notarizes; for deeds, the information required is quite detailed. He recorded no individual documents, and, in answer to a query, indicated he did not know that recording in the journal is required.
He did not give my daughter any instructions at all pertaining to how to sign or initial documents. He did not explain any terms of, nor could he answer a simple question about the note. He offered no amplification on the Right To Cancel. He did not know what a jurat is; from the blank look, it was apparent he had never heard the term.
He swore her in only after I requested it halfway through the signing. It was obvious he had never sworn in another signer, because he did not know how to do it. After shuffling through many papers, he finally went to the oath that he had apparently taken as a notary public, which was completely inappropriate.
I wonder if the lenders are aware of how much title companies are jeopardizing their loans by employing cheap, unprepared signing agents?
I did learn one thing, though. It was abundantly apparent, after the signing, that I would never ever under any circumstances want to be the signing agent for any loan to Hugh Nations’ daughter
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Reply by Linda_H/FL on 7/26/11 7:09am
Msg #391230
"I did learn one thing, though. It was abundantly apparent, after the signing, that I would never ever under any circumstances want to be the signing agent for any loan to Hugh Nations’ daughter"
Did she run him through his paces? I hope so - I hope he was sweating and shaking when he left - he deserved it -
He also deserves to have a call made to the title company about his handling of this loan signing. Title company deserves to know what they're sending out on these jobs. People like this kill it for the rest of us.
JMO
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Reply by BobbiCT on 7/26/11 7:11am
Msg #391231
Your Hughness, As you and I know ...
As long as she makes her mortgage payment, nobody cares. 
Said from an ancient residential loan file auditor who saw hundreds of errors in files going back 1-20 years; regular monthly payments being made, loan file just sat on the shelf without exploding or taking the house of cards down.
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