Posted by BoomerSooner on 2/8/13 10:04am
Msg #454726
NSA’s to also be licensed as Settlement Agents
Good morning;
Are any of your states requiring NSA’s to also be licensed as Settlement Agents?
Oklahoma legislature is purposing this in one of their bills.
I spent some time on the internet looking for the licensing process but can’t find any details.
|
Reply by C. Rivera Chicago Notary Services on 2/8/13 10:44am
Msg #454731
I like the idea...but nothing in IL that I am aware of.... n/m
|
Reply by JPH13/MO on 2/8/13 10:48am
Msg #454732
Re: I like the idea...nothing in KS/MO that I'm aware of n/m
|
Reply by Linda_H/FL on 2/8/13 11:09am
Msg #454734
Note the NNA has objected to it and asked that two
definitions be removed, thereby allowing notaries to continue to perform closings.
Why you ask? Because if this bill passes as it stands, it would require annual licensing AND 10 hours continuing education of the licensees - surpassing the "certification" offered by NNA.
|
Reply by JPH13/MO on 2/8/13 11:15am
Msg #454735
I still think it's a great idea, do away with point & signer n/m
|
Reply by jba/fl on 2/8/13 11:49am
Msg #454758
Not really - they will study to the test, pass and forget.
Back to point and sign.
|
Reply by C. Rivera Chicago Notary Services on 2/8/13 12:44pm
Msg #454777
Think of it as a step up from where we are. Once licensed,
we would be working in actual recognized "profession". And yeah, I'd take the testing and continuing ed classes no problem. I do this now, in my paralegal profession, which is also unlicensed as least here in IL. And I'm pushing for this profession to be licensed as well...for same reasons...legitimacy in the job market.
And it would weed out those that don't know what they're doing...the licensing would require them to be up on par with everyone else. And I believe it would eventually eliminate those point and sign nsa's.
Holding everyone to a higher standard nationally should be the goal of the NNA but they do things so backwards it really is unbelievable.
Just my .02 cents.
|
Reply by Malbrough_LA on 2/8/13 11:19am
Msg #454740
We don't even recognize the term NSA here n/m
|
Reply by BossLadyMD on 2/8/13 1:15pm
Msg #454789
Maryland requires a title producer's license and I like it!
That's why I dont understand why some folks work for $75-$85 per signing......
|
Reply by JENNY/TX on 2/8/13 2:13pm
Msg #454801
Do you really think the SS's and TC's are going to pay more because you are now a Settlement Agent? I don't think so.
I am not a point and sign NSA and keeping my fees up is getting harder all the time. I just don't think we will get more pay for the extra education\requirements.
|
Reply by BrendaTx on 2/8/13 4:30pm
Msg #454847
Applause. My thoughts exactly. n/m
|
Reply by Darlin_AL on 2/10/13 11:37am
Msg #455047
Re: Applause. I'm with Jenny-more expense, not more $$$ n/m
|
