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  1 person liked this post.
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overquailified1
Nevada
23 Posts |
 Posted - 10/10/2013 : 10:55:16 AM
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Don't work for these IDIOTS! Not only is B of A the most corrupt and inept bunch of fools to work with, they are now requiring Signing Agents to have a background check every year! How is that coming from a corrupt and criminal organization? The CFPB only requires every two years and these idiots want us to go and pay for one every year? Maybe they should do that with the criminals in upper B of A management!
I dumped ServiceLink because they do alot of B of A. I had had it with document mistakes, late package delivery's, and VERY angry borrowers. |
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renterianotary
Texas
6 Posts |
Posted - 10/04/2011 : 3:28:31 PM
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Ok - let me get this straight. I can get at least $100 for a basic refi. At $22/hr, that comes to 4 1/2 hrs of work to make the same money. I'll stick to the refis.
Renteria Notary & Signing
Spring, TX
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edelske
New York
815 Posts |
Posted - 09/28/2011 : 2:23:05 PM
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Going with the 2 min per document figure in a prior post. That comes to 30 documents an hour. Even with the NY State official notary fee of TWO dollars (probably one of the lowest in the nation) that would be an official rate of $60 per hour - and they are offering 1/3 of that!
Ignoring the "probable" improper events; it's just bad math.
One more example of Notaries being considered "lower than dirt".
Kenneth A Edelstein
Mobile Notary, Apostille / Legalization Processing & Fingerprinting
http://www.kenneth-a-edelstein.com |
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LindaH
Florida
1754 Posts |
Posted - 09/12/2011 : 03:27:44 AM
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quote:
Originally posted by PlsSign
After the robo-signing mass production fiascos that have thus far come to light; amazing that BofA would be offering such positions. Can't imagine a "real" notary accepting.
So in the event of litigation, it would be the staffing agency responsible for any fraud?
Very curious.
Not sure about fraud with the documents, but resonsibility for any notarial acts is square on the notary alone...there's no pawning it off on anyone else under the guise of "well, they told me to do it that way"...
Linda
http://www.notary.net/websites/LindaHubbell
http://www.columbiacountynotary.webs.com |
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PlsSign
Arizona
24 Posts |
Posted - 09/11/2011 : 10:46:51 PM
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After the robo-signing mass production fiascos that have thus far come to light; amazing that BofA would be offering such positions. Can't imagine a "real" notary accepting.
So in the event of litigation, it would be the staffing agency responsible for any fraud?
Very curious. |
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rwedertz
New Mexico
30 Posts |
Posted - 09/10/2011 : 1:06:33 PM
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Ummmmmm....I guess it depends upon how desparate one is. When I go to the Happy Hills Convalescent Hospital and make $5.00 per signature and there are usually four or five, that's $25 and the pace is leisurely, and you get travel pay to boot and its over in 15 or 20 minutes. Why would anyone in their right mind want to work in a production atmosphere like that? On direct loan signings, after all expenses are removed (i.e. - printing costs, gas, auto maint.,advertising, drive time, an intelligent notary can clear $50 hour or more easily - providing he/she charges correctly. If one gives away their services for absurdly low signing fees, this may be the job for them. 
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dionaea
Tennessee
21 Posts |
Posted - 09/10/2011 : 07:21:17 AM
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This certainly sounds like another effort at robo-signing when you run the numbers. If a shift is 4 hours, and it is anticipated 200+ documents will be signed and notarized during that shift, it works out to be a hair over a minute for each document. If done correctly, that would include time for the signer to arrive at the notary's desk, show ID, the notary to examine the ID, the signer to pick up the pen and sign, and the notary to sign, stamp, move the paperwork wherever it needs to go, make sure the signer didn't walk off with the pen, find the next document, rinse, repeat. The timing could be shorted a little if each signer is signing several documents rather than one document per signer, but not by much. If a shift is 8 hours (7 hours plus 1 hour for lunch), and the notary takes no breaks except lunch, not even to use the bathroom, the timing would be a bit over 2 minutes per document. 
As Linda said, the details are essential in deciding whether or not to take such a job, no matter how much they pay.
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LindaH
Florida
1754 Posts |
Posted - 09/08/2011 : 3:36:57 PM
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quote:
Originally posted by catmama47
Hi,
I have received a few phone calls from Temporary Staffing Agencies. I was told that Bank of America wants to hire notaries. They will work specific shifts, i.e. morning, swing shift. The hourly rate of pay is between $19 an hour to $22 an hour.
One staffing manager told me that the notaries will sign at least 200 documents per shift.
I don't know if anyone out there has accepted B of A's position. I turned it down, this position does not sit well with me.
What do you think?
Ellen Michaels
Interesting...wonder if the signers are going to appear in front of you or if they're hiring more robo-signers..conveyor belt of docs and mass stamping. I would be interested - no, call that curious (a/k/a nosey) - in more details as to the details of the logistics and what's expected of the notary.
HHrrrmmmm
Linda
http://www.notary.net/websites/LindaHubbell
http://www.columbiacountynotary.webs.com |
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catmama47
81 Posts |
Posted - 09/08/2011 : 2:50:10 PM
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Hi,
I have received a few phone calls from Temporary Staffing Agencies. I was told that Bank of America wants to hire notaries. They will work specific shifts, i.e. morning, swing shift. The hourly rate of pay is between $19 an hour to $22 an hour.
One staffing manager told me that the notaries will sign at least 200 documents per shift.
I don't know if anyone out there has accepted B of A's position. I turned it down, this position does not sit well with me.
What do you think?
Ellen Michaels
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Bank of America-wants to hire notaries
