Certification Will Protect Consumers
By NNA Executive Director Timothy S. Reiniger, Esq.
The National Notary Association has been working diligently in recent years to advance security and uniformity in national and international transactions. Our efforts to increase professionalism through promoting notarial best practices among Notaries, governments and businesses have brought about a new era of trust in official documents, both paper and electronic.
This level of trust is vitally important to ensure consumer protection and spur economic development, as more people do business in the electronic domain and across borders.
So when the nation's leading title and mortgage document service firms approached the NNA to ensure that Notary Signing Agents — who have access to borrowers' personal information — comply with the requirements of the Gramm-Leach-Bliley Financial Services Modernization Act, we adapted our existing NSA Certification Program to meet these needs.
Signing Agents who complete this strengthened certification process will possess the most valuable and trusted credentials in the nation, and will be sought out to handle the transactions of these top firms. Certification is not required to be a Notary. However, since it's a requirement for handling loan signings for these participating firms, the certification is highly recommended to maintain your qualifications for handling loan signings and to take advantage of increasing professional opportunities.
With this program, we have also created a single-source Notary screening system for the title and mortgage document service industry, eliminating the need for Notaries to undergo separate, time-consuming screenings for each company. We are truly proud that we have brought together the industry under one umbrella for this important function.
Identity crimes, forgery and mortgage fraud have reached an all-time high across the nation. Through advancing best practices in this adapted Certification Program, the net result will be increased notarial professionalism and consumer protection, which will lead to a reduction in these crimes.
The NNA and its experts will always be committed to promoting and developing best practices, as we have done in recent years with the FBI, the National Association of Secretaries of State, the Hague Conference on Private and International Law, state attorneys general and several state governments, among others. Strengthening the security of our transactions is of the utmost importance for consumer protection and the future of commerce, and the NNA will always work to advance its important role for the Notary in this endeavor.