| |
 Dear Signing Agents,
You need to REGISTER and have a password to post or reply to discussion topics. Please remember, your password for your listing on 123notary.com is NOT RELATED to and is different from your password on the forum. Your password on the forum can be whatever you want it to be.
|
|
  Be the first person to vote!
| Author |
 Topic  |
|
|
mbs653
Maryland
45 Posts |
|
|
LindaH
Florida
1754 Posts |
 Posted - 07/30/2013 : 10:05:09 AM
|
quote:
Originally posted by mbs653
We are supposed to be working as a team, the lender, title and settlement agent. If you review the package before presenting to the borrower to familiarize yourself with the docs and see a doc missing don't you bring it to the attention of the title company? Originally the MIA commissioner who decided the closing agents in Maryland should have a TPL was not only because we were benefiting indirectly as a result of issuance of title insurance, the commissioner wanted us held accountable and gave us the ability to legally complete a full closing to the borrower. We are at the borrowers home to finalize the loan package, if something's amiss fix it. You'd be surprised how appreciated you'd be when that loan package is received at title and they realize you went the extra mile to fix a huge problem. Think PR PR PR!!!
IleneMd
That's right too...sorry...forgot MD is a TPL state - whole different ball of wax.
And yes...I agree with your last statement about extra mile and PR.
Linda
http://www.columbiacountynotary.webs.com |
|
|
|
BigTom
6 Posts |
Posted - 07/30/2013 : 09:44:14 AM
|
This only appears to apply to Idemnity Deeds of Trust. Can you cite where this applies to all Deeds of Trust?
|
|
|
|
mbs653
Maryland
45 Posts |
Posted - 07/30/2013 : 09:18:21 AM
|
We are supposed to be working as a team, the lender, title and settlement agent. If you review the package before presenting to the borrower to familiarize yourself with the docs and see a doc missing don't you bring it to the attention of the title company? Originally the MIA commissioner who decided the closing agents in Maryland should have a TPL was not only because we were benefiting indirectly as a result of issuance of title insurance, the commissioner wanted us held accountable and gave us the ability to legally complete a full closing to the borrower. We are at the borrowers home to finalize the loan package, if something's amiss fix it. You'd be surprised how appreciated you'd be when that loan package is received at title and they realize you went the extra mile to fix a huge problem. Think PR PR PR!!!
IleneMd |
|
|
|
LindaH
Florida
1754 Posts |
Posted - 07/30/2013 : 09:07:41 AM
|
Ilene..why is this the notary's job to provide these affidavits? Isn't it up to title to make sure the right one is included in the closing package?
And there's 4?? Again, how is it up to the notary to know which one to use - doesn't this border on UPL?
Linda
http://www.columbiacountynotary.webs.com |
|
|
|
mbs653
Maryland
45 Posts |
Posted - 07/30/2013 : 09:03:03 AM
|
Hi Everyone
As of July 1st 2013 all properties in Maryland require a Maryland Refinance Affidavit, that includes INVESTMENT PROPERTIES! The state of Maryland will be giving discounts on investment properties using the same calculations as if it were a primary residence. Make sure you carry the four different affidavits in your briefcase or there will be additional trips. Now NO DOT will be recorded without the Maryland Refinance Affidavit unless it's a purchase. If you need copies of the four different affidavits let me know. I will email them to you. Ileneseidel@hotmail.com
IleneMd |
|
| |
Topic |
|
|
|
| Mobile Notary / Signing Agent Discussion Forum |
© 123notary.com |
|
|
|
Tips for using the forum
The most important feature on the forum is the search box. You can look up a particular word, phrase, name of a company, and see a potentially large list of search results with which you can obtain data. Filters are also valuable. If you want to find popular posts, you can use the number of views filter. You can also see whats new with the active topics link. Email us at info@123notary.com if you need any help using the notary forum.
Resources
The notary public resource page is valuable as it has links to all of the free information pages for notaries. Pages linked to the resource page include a page that teaches you everything you need to know to get the most out of your listing. Another page teaches you all the secrets of getting paid. There is a link to our free list of signing companies. There is also a glossary, learning tools, and much more.
If you are a notary, the free tips we give are invaluable.
Popular pages
If you visit 123notary.com often, you might want to visit some of our most popular pages such as the California notary, Texas notary, Florida notary, and New York notary pages to browse the site. We also have valuable pages for notaries such as the free list of signing companies, and the resource page. Please also visit our get notarized and notarized letter page.
|
| |
Maryland Closers - New Law
