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Notary Bulletin

October 2012

Voter ID Law Delayed Until 2013

A recent ruling by the U.S. District Court in Washington, D.C., allows South Carolina’s new voter ID law to stand. But the law, which may still face an appeal by the Justice Department, will not become effective until 2013, with additional rules for Notaries.

Feds Charge Hundreds In Nationwide Crackdown On Mortgage Fraud

The U.S. Department of Justice is charging hundreds of people following a year-long investigation of mortgage fraud cases across the country, including “loan modification” scams that often try to recruit unwitting Notaries as accomplices.

Revised Laws Provide Better Protection for Estate and Financial Planning

An alarming increase in financial manipulation and abuse of the elderly has inspired many states to tighten their laws pertaining to estate and financial planning, and Notaries Public play an important role in the prevention process, specifically in reference to the execution of durable power of attorney documents.

Smartphone Check Deposits On The Rise

The use of smartphones to deposit checks is growing rapidly, offering a time-saving option for mobile Notaries to credit their bank account as soon as a notarization is complete.

Notarial Evidence Forms Introduced For Mortgages

Notary Signing Agents are beginning to see a new recordkeeping requirement at loan closings, as one financial institution applies a key regulatory standard arising out of the foreclosure crisis and housing market collapse to the origination of new loans.