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Who are the members of the SPW
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Who are the members of the SPW
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Posted by CarolF/NC on 11/9/13 10:17pm
Msg #492160

Who are the members of the SPW

The Signing Professionals Workgroup is made up of leading mortgage lenders, title companies, signing services and the National Notary Association. A list of member companies can be found at the Workgroup’s website, SigningProfessionalsWorkgroup.org.

The Workgroup is seeking new members as it continues its work. Anyone interested in participating may apply via the Workgroup’s website.

I don't see one Signing Service on this membership list.
Signing Professionals Workgroup
Members
Bank of America
Citibank NA
Fidelity National Financial
First American
U.S. Bank
Wells Fargo
LSI Title Company
Mortgage Connect
Old Republic National Title Insurance Company
ServiceLink
Title Source
ValuAmerica
Westcor Land Title Insurance Company


Reply by Linda_H/FL on 11/9/13 10:21pm
Msg #492162

Signing Services have to pay $1,000.00 to become an "associate" - I don't recall if that's a one-time fee or an annual fee.

Reply by CarolF/NC on 11/9/13 10:38pm
Msg #492163

One of us should join

The Signing Professionals Workgroup (SPW) is a mortgage finance industry workgroup of the National Notary Association that publishes standards for Certified Signing Specialists. Membership is open to individuals who are employees or officers of organizations that maintain a National Notary Association industry membership and serve, employ, or rely on Signing Specialists.

SPW membership is $1,000 per individual, and NNA industry membership is $1,000 per organization. Individuals may join the SPW as either Regular or Associate Members per the following terms:

Regular Membership
A Regular Member must be an employee or associate of:
1.A mortgage lender
2.A title insurance underwriter
3.A licensed title insurance company

Regular Members may:
1.Be admitted to meetings and participate in committees
2.Be elected to Chair the SPW
3.Be elected to chair a standing or temporary committee or subcommittee of a standing or temporary committee
4.Vote in elections or on SPW, standing or temporary committee, or subcommittee business

Associate Membership
An Associate Member must an employee or associate of:
1.A company, organization or entity providing mortgage document signing services
2.A business or entity providing supportive services to Signing Specialists
3.A trade association serving the mortgage finance or settlement services industries
4.A national trade association serving Notaries or Signing Specialists
5.An educator providing courses for Signing Specialists
6.An entity whose primary business is to provide background screening services

Associate Members may be admitted to meetings and participate in committees, but do not have voting privileges in Chair elections or on SPW, standing or temporary committee, or subcommittee business.

All SPW membership proceeds are earmarked for SPW meetings and administration.

Download the SPW Membership application and NNA Industry Membership application, and return by mail (if paying by check) or by mail or fax (if paying by credit card) to:

National Notary Association
Attn: SPW Membership / Industry Membership
9350 De Soto Avenue
Chatsworth, CA 91311
Fax: (818) 332-4175


Reply by Marian_in_CA on 11/9/13 11:13pm
Msg #492165

SOOOOO many issue with this...

First, note that anyone joining the SPW *must* be a member of the NNA or work for a company that is a member of the NNA.

It's $1,000 ANNUAL fee for membership. Yes, annual. $1,000 per person per year.

The only members who actually have a VOTE are those who hold regular membership -- those who are or are employees of lenders and title companies. Note that Educators, signing specialists themselves, signing services, companies or entities who provide support to signing specialists, and those who provide background screening services do NOT have a vote. I dare say this might even include Secretary of State offices and other regulatory agencies that provide "support" to notaries. None of the people actually doing any of the WORK have a vote.

And this part: "All SPW membership proceeds are earmarked for SPW meetings and administration."

Translation, the money goes to pay for the fancy conference meeting at the NNA conference and to pay the salaries of the three people who chair the organization -- two of whom work for the NNA.

They know full well that $1,000 a year is completely out of reach for most notaries and probably any of the signing services, too... possibly even some of the education service providers. That's a massive chunk of change, especially for somebody who doesn't even get a VOTE. It's designed to keep the people out and only let a few of the select "big boys" in .


 
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