TPL or not, how on earth can you explain a HUD-1 in detail if you had no involvement with processing the loan???
It's not a question of being "just a notary" - anyone doing this job should be familiar with the documents and be able to DESCRIBE what they mean. Explaining what the individual lines on a HUD-1 mean on a specific loan requires knowledge of the loan - that's WAY outside the scope of a notary's responsibility, even if they have a TPL.
And as soon as you start going from the general facts about loans to the specific details of the loan in front of you, you may be crossing the UPL line - and in these case, UPL probably trumps TPL every time. |
