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Posted by SoCal Signing Co. on 8/16/08 3:15am
all very good questions
I do not think you’re on mark completely, as my company has approvals from TC that were earned.
I do have safeguards set in place, and we do have written policy.
But I will say, certainly not like what you Charles have to go through.
I understand your point, and its well taken.
You are right as in any field there are those that start and run business with wrong motives and agendas that are ethically wrong.
We do however, need to watch the reforms carefully
it could affect more than just signing companies.
it could put an end to mobile signings agents all together.
We recently become approved to be the signing company for a Texas group of title companies.
They were sued because a borrower and a notary got together and forged a spouses signature. In the end the Title Company who sent the docs overnight to the signing agent had to pay $156k in damages to the spouse. Because of this they were going to do away with signing agents and sign only in house.
Our company had to prove ourselves legitimate to gain their trust.
We had to have some standards to meet.
No special certifications, Licenses, or permits other than local permits, and the wonderful taxes each branch of government allows us to donate although they do not prove ligitamacy
but help show good faith that they want to be around a while.
We are held to more than self imposed standards as illegal business practices have more than civil ramifications attached to them
But those certifications you have to go through are way more stringent than ours granted
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