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Doris_CO
Colorado
148 Posts |
 Posted - 11/17/2011 : 9:01:29 PM
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"I don't know where I'd even begin to enter the field, since the NNA stopped their e-notarization support. Any ideas as to where I could find companies in Kentucky that perform e-notarizations?"
Joel, you still seem to be confused about the difference between E-signings and E-notarizations. Re-read all the posts here.
E-signings can be done by any commissioned Notary Public. The documents that are to be notarized are printed and signed by hand by both the borrower and the NP. All other documents are done over the internet and accepted by the borrower with just a click of the mouse.
E-Notarizations are done by a commissioned Electronic Notary Public, with an electronic seal and not all states offer commissions for Electronic Notaries Public. The person requesting the Electronic notarization appears before you and you access the document to be notarized over the internet and notarize it using your electronic seal.
So far, E-signings are not electronically notarized, at least as far as I know.
You do not need supplies or programs from the NNA for either E-signings or to be an Electronic Notary Public. If Kentucky offers commissions for Electronic Notaries Public, I'm sure they have a list of vendors who offer the supplies needed to complete the job.
Once again, re-read all the posts on this string. Names of lenders who offer e-signings are mentioned, as well as what is needed to complete the job. You can also do a search on other forums for E-signings to gain more knowledge about what it is and what is needed to complete the job.
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joelbenedict
Kentucky
26 Posts |
Posted - 11/17/2011 : 6:19:50 PM
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| Thanks for the information, everyone. It seems like e-notarizations have a mixed reputation. Difficulty isn't that big of a deal since I have everything I would need except wireless broadband, which I would only get if I could find a market was present for the work. The payment would be something I'd have to examine on a case-by-case basis, since some responders say it does pay well, and some say it doesn't. It seems like I could make it profitable since there are so few notaries who perform e-notarizations in Kentucky. I don't know where I'd even begin to enter the field, since the NNA stopped their e-notarization support. Any ideas as to where I could find companies in Kentucky that perform e-notarizations? |
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CopperheadVA
Virginia
420 Posts |
Posted - 10/03/2011 : 06:07:57 AM
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E-signings are different than e-notarizations. E-signings are where the borrowers sign many of the lender docs on the computer, through a secure lender weblink. Notarized docs are printed by the signing agent and brought to the closing and signed/notarized in the traditional manner. I have done several e-signings but they are not my favorite and I only do them now for established and valued clients - but I rarely get a request.
E-notarizations are where the notarization itself is done electronically. In VA, a notary must apply for an e-notarization commission, and there are some strict protocols for keeping records of notarizations done this way. I have no plans to apply for an e-commission, since there is no demand for it at this time. |
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Eve
Virginia
25 Posts |
Posted - 10/03/2011 : 05:53:38 AM
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I received two calls for e-signings last week. I'm not doing them but am researching the possibility. Somewhere along the way, I got the impression that the Commonwealth of Va isn't quite up to snuff on the process yet.
If there is anyone in the Northern VA area that is doing them, let me know and I'll send the calls your way.
quote:
Originally posted by jbelmont
Are notaries getting many e-signings these days? It sounds like the system of doing e-signings is very functional and straight forward.
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Edited by - Eve on 10/03/2011 05:56:02 AM |
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nicolean
California
11 Posts |
Posted - 10/02/2011 : 08:18:23 AM
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| I have done several e-signings and continue to do quite a bit since there are a few notaries that do them. I charge more. My wireless card is from Verizon costs me $40 a month and pays for itself. You don't save in paper and it is more work. Plan a good hour per signing. I have done it in less, but sometimes the connectivity is slow in certain areas. The main lender who I do e-signings for is NYCB (formerly Amtrust). |
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TGS1985
California
208 Posts |
Posted - 10/02/2011 : 05:55:05 AM
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quote:
Originally posted by edelske
I have only received "lowball" offers for e-signings. They stress how much paper I will be saving! How strange; when it's a traditional signing they imply paper is almost worthless!...
HA! Ain't that the truth!
Regarding e-signings I've never done them before and currently I'm not even set up to preform them now (no laptop). However, every other notary I've spoken to has told me what a pain in the butt they are.
- Tyler Soares - |
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LindaH
Florida
1754 Posts |
Posted - 09/30/2011 : 08:58:43 AM
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quote:
Originally posted by joelbenedict
Do you know how often e-signings are held in Kentucky? Do you need a signature pad for any of the companies? Does it have to be a specific signature pad, or can it be any old tablet, like the Wacom-brand tablet or the Bamboo tablet?
It sounds like you need an always-on internet connection for it to work. I've heard that the broadband cards for laptops along with the service cost about $80/a month. I don't think my laptop even supports those cards, since I think you need a PCMCIA card for some of the services. If the signings paid $200 each on a consistent month-by-month basis, it would be worth it.
This article shows testing of different cards in an area of Kentucky where I work: http://www.techrepublic.com/article/choosing-the-right-wireless-broadband-laptop-card-comes-down-to-service/6173634
You're confusing e-signings and e-notarizations. E-signings don't necessarily require a signature pad - the loan docs are accessed online and they click their acceptance of the doc with a predetermined digital signature. Any docs needing notarization are usually printed out and wet signatures obtained - notarization the old fashioned way.
That's not saying some don't have e-notarization included in the process but mostly it's loan docs online, you print out criticals and those needing to be notarized and do a plain old notarization. I've also heard some companies require you to print out the package (times 2) "just in case" the internet connection is lost, aborted, website problems, etc etc.
For me it's just not worth it.
Linda
http://www.notary.net/websites/LindaHubbell
http://www.columbiacountynotary.webs.com |
Edited by - LindaH on 09/30/2011 08:59:20 AM |
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edelske
New York
815 Posts |
Posted - 09/30/2011 : 05:43:40 AM
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I have only received "lowball" offers for e-signings. They stress how much paper I will be saving! How strange; when it's a traditional signing they imply paper is almost worthless! Considering the slow speed (it's lots faster to find a document on paper), uncertainty of the connection and equipment to be hauled along (I have been asked to also carry a printer that can do legal size) - it's just not worth the effort - to me. As previously mentioned, due to the increased skills there should be greater pay - but, so far, e-signings have offered lesser fees.
Kenneth A Edelstein
Mobile Notary, Apostille / Legalization Processing & Fingerprinting
http://www.kenneth-a-edelstein.com |
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joelbenedict
Kentucky
26 Posts |
Posted - 08/28/2011 : 1:42:44 PM
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Do you know how often e-signings are held in Kentucky? Do you need a signature pad for any of the companies? Does it have to be a specific signature pad, or can it be any old tablet, like the Wacom-brand tablet or the Bamboo tablet?
It sounds like you need an always-on internet connection for it to work. I've heard that the broadband cards for laptops along with the service cost about $80/a month. I don't think my laptop even supports those cards, since I think you need a PCMCIA card for some of the services. If the signings paid $200 each on a consistent month-by-month basis, it would be worth it.
This article shows testing of different cards in an area of Kentucky where I work: http://www.techrepublic.com/article/choosing-the-right-wireless-broadband-laptop-card-comes-down-to-service/6173634 |
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becmiller
Utah
16 Posts |
Posted - 05/08/2011 : 12:19:47 AM
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My problematic e-signing was in the mountains of Utah. The appointment was scheduled for 11am and things were going well for me. I got to the borrowers home and my internet would not work. We used the borrowers computer and internet and after an hour we got it working. We were well on our way and the connection was lost. I called my next appointment and told them I needed to schedule for later if it was OK with them and they said 7pm would be good. The internet started working again and we had to nearly start over. I had notarized all the 'wet signatures' and we finally got it done. I headed down the canyon about 6pm and there was a semi-truck roll over and no phone service. When I finally got to the next city I called the borrowers and they said it was too late. I apologized and told them I would ask if we could sign tomorrow. The borrower said he would be home from work between 6-7pm. I said I would call him or he could call me at 6pm and I would be there to sign. The e-sign was done and sent off.
I called the SS the next morning and they said to take the same paperwork and have the borrower sign between 6-7pm. I apologized again and she said OK. I called and called the borrower and never got an answer. I parked in front of his house at 6pm and kept calling. At 6:30pm some of his kids came out and so I went to the front door and knocked. The borrower answered and I introduced myself and he said, "Oh there was another lady and we signed hours ago."
Thanks a lot!!
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Renee
Michigan
549 Posts |
Posted - 08/13/2009 : 03:06:22 AM
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Flagstar doesn't seem to be communicating very well with their Settlement Agents on this training. I, too, did the 'webinar' training - my client thought it was "required" but it is required of THEM and not even intended for us.
https://paperless.flagstar.com/index.html
This link is to a training*****and a simulated signing video, specifically suited for notary signing agents. These are available at any time. First, hover over the e-closing icon & select “Settlement Agent”, then select the “Learn More” tab. The various training materials & videos are listed & can be accessed there.
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Edited by - Renee on 08/13/2009 03:08:05 AM |
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inotarize
Alabama
55 Posts |
Posted - 08/12/2009 : 8:45:02 PM
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I completed FlagStar Bank's eClosing training this week. This is something I've been trying to accomplish since June '08 but with it being held at 1pm CST I kept having other appointments (paying appts) that would take precedent. Finally happened. While it is similar to AmTrust there are several unique differences (I'm too tired to remember them all right now.) Is anyone else offering eSigning or eClosings that I should know about?
Michelle L. Riley
Huntsville Mobile Notary - We Come To You!
http://www.huntsvillemobilenotary.com |
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tomthenotary
Maryland
82 Posts |
Posted - 08/04/2009 : 6:11:58 PM
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J, call verizon and request a signal boost, worked for me and I'm rural.
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inotarize
Alabama
55 Posts |
Posted - 08/01/2009 : 7:51:36 PM
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I was getting quite a few of these for awhile but they dropped off. Ialso use Verizon, Jeremy but I haven't run into the reception problem that you talk about. I enjoy doing them and would like to get more business. I think I've done enough now for Amtrust to consider me "certified". I'll have to check into this further.
Michelle L. Riley
Huntsville Mobile Notary - We Come To You!
http://www.huntsvillemobilenotary.com |
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jbelmont
California
3106 Posts |
Posted - 07/15/2009 : 2:49:14 PM
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Wireless cards don't always have good reception. I have Verizon and can't even get reception in my house 20% of the time. You might go to a signing and not be able to get reception. You just have to let the borrowers know that you might have to go to a local cafe to sign docs if the reception doesn't work at their home.
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theinsurancelady
Washington
38 Posts |
Posted - 07/13/2009 : 8:25:33 PM
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I have received more than one call to do "esignings" but was not techno-ready. Now I have the laptop, wireless, and completed the Gemstone/Amtrust training modules.
Now I'm advertising that I'm ready to go! I'll let you know what happens.
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dionaea
Tennessee
21 Posts |
Posted - 03/17/2009 : 05:21:01 AM
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I'm with Linda on e-signings - never been asked and probably will not be asked until several years down the road, not in the mostly-rural 10-county area I cover.
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LindaH
Florida
1754 Posts |
Posted - 03/10/2009 : 8:15:13 PM
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More and more of my clients over the past 6-8 months have computers and internet (with copiers for those DL's!!!) - their connection speed is another matter - I'm thinking maybe e-signings haven't spread up this far yet....the bank people I speak with don't even mention e-signings to me...so obviously this area isn't ready to make the leap yet....however, I was told by a local notary recently that she gets calls for them but doesn't do them and wanted to refer them to me....
I have the laptop because I do....will not get aircard...that's just me...
Linda
www.notarydepot.com/notary/lindah
http://www.notary.net/websites/LindaHubbell
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PWinFL
Florida
469 Posts |
Posted - 03/10/2009 : 6:11:20 PM
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Was asked once. Since wireless coverage is sparse and many homes do not have internet here, it is a waste of time and money to invest in the technology at this time.
West Central Florida - median age of residents is 57. You can do the math.
Never drive any faster than your guardian angel can fly.
I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.
Visit us online at http://www.PAWnotary.com |
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LindaH
Florida
1754 Posts |
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jbelmont
California
3106 Posts |
Posted - 03/10/2009 : 2:55:04 PM
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Are notaries getting many e-signings these days? It sounds like the system of doing e-signings is very functional and straight forward.
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bones67
Washington
30 Posts |
Posted - 03/05/2009 : 06:24:52 AM
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quote:
Originally posted by BobbiCT
I just came back from a presentation by AmTrust Mortgage. If "the system works," it is very simple, quick and easy with almost no paper. In most cases, only the mortgage deed and settlement statement are wet signed.
From audience comments: Those that worked well were done in an attorney's office with large, flat screen monitor and two mice (a permanent set up for eSignings). Still a few bugs to be worked out, but no worse than the beginning of eDocuments via eMail, download, etc.: some borrowers could view documents a day or more prior to signing to review and one set arrived only an hour before signing. Again, like eDocuments, glitches do happen. As expected, some borrowers LOVED the ease and some older borrowers were uncomfortable with the process.
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pdoren
California
32 Posts |
Posted - 02/08/2009 : 01:23:10 AM
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I've handled several AmTrust eSignings. Every title company has a dedicated desktop/signing room, Or I use my own laptop/broadband capability for the accommodation. This lender docs are so easy to complete. The lender docs only require wet signatures on the Deed of Trust, Limited POA & Signature-Name Affidavit.
That's a total of approx 17 pages. And then you also need signatures on the Title documents, sometimes a total of 9 pages. Sub total 26 pages. Plus a copy of all the above for the client. Grand total 52 pages.
Everything else is done thru the eSign process. It takes a total of 30 minutes or less to complete that process.
Go GREEN. Every client has agreed to accept an email (soft copy) of their documents. Just tell them about saving trees and going GREEN. If they have a CD, I burn a copy right there in their presence. It's amazingly simple.
I already had a laptop with separate card. I decide to upgrade to a new wireless broadband built into the laptop and it's already paid for itself.
Don't miss out on making $200 per eSign job opportunity. FYI- I also carry a scanner with me and both tools fit into my rolling briefcase. These tools help me make over $100K a year. Yes, even in these difficult times. Networking, Marketing, and cold calls are important skills. Learn to re-invent yourself!!!!
Philipe
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vince
Kansas
324 Posts |
Posted - 06/04/2008 : 2:48:46 PM
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This may be a "trust" or "luck" issue on access to documents. You may not know before you accept the appointment if the signing will be done on your equipment or the borrowers. You may not know whether the ISP for either will be up and fast (or at dial up speed where it could take hours to download the file - if it is your laptop, will you be sure that you will have a fast wireless card or wifi connection?).
There are several TC's using AmTrust. Some have you sign on as a TC employee, some have you sign on using your own logon and password. There was a "big splash" of these for about six weeks, but have not been contacted to do another now for about a month. Several TC's have asked about capacity and went through the sign-up process - only to be given regular closings with them since (not complaining). |
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BobbiCT
Connecticut
135 Posts |
Posted - 06/04/2008 : 05:38:49 AM
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Bear in mind, these were ALL closed in attorney offices which already had high-speed internet connections with all the equipment needed. (One firm did bring a laptop into a conference room, but said it wasn't a problem using it.) Of those present who have done these:
1. One didn't have the eSign package available until one hour before the closing. The AmTrust rep said this is a mortgage broker problem (the broker is the processing/closing "agent" who clears the ePackage) and spoke with the attorney after to discover which broker. They want to know the problems and problem individuals so that the process improves. The glitches seem to come from either the mortgage broker involved or the wireless closings (Platinum certified, which vary from state-to-state, county-to-county and location to location. AmTrust is aware that not all transactions will be wireless in the borrowers choice of location; the fall back option is in an office - because they ALL will be eSign. Also, the "wet" signature documents vary from state-to-state - in one case only the mortgage deed and the HUD-1 needed to be "wet" signed; they were returned with the title policy in pdf format. The attorney/closing agent recorded the original mortgage.
2. I'd say these mice and the fat cats behind them are carnivores. With AmTrust is it eSign or no sign. |
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jbelmont
California
3106 Posts |
Posted - 06/02/2008 : 10:25:54 AM
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| More and more, people are doing e-signings. The notarized documents are still hard copies, but the other documents are signed with a signature pad connected to a computer I believe. Can someone explain the procedure from A to Z and correct me if I have explained it wrong? Thanks. |
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Dear Signing Agents,
Question 22: e-signings
Be the first person to vote!