Other than what has already been provided, I really don't know the real story about the beginning of the "Notary Signing Agent" other than what I learned from the old NASA and Sue Pense.
But I can tell you this, I've never, in the 40+ years that I have owned property, completed or closed a loan at a bank. Most typically, before the NSA arrived on the scene, in the last half of the 20th century, it was done in an attorney's office, title/settlement office or most often with purchases, at the realty or mortgage company offices.
Actually, as far back as 1978, title closers would travel to client's homes in rare situations along with the loan officer and/or broker. So, I guess that would qualify as the first "NSA" that I know of (since the title closer is typically also a notary public). I know this because a friend of mine needed to close on his home and was incapable of making it to the RE office to close. (I was a witness to transaction.) |
