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Revised Laws Provide Better Protection for Estate and Financial Planning

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

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.

Home Sales Trend Upward

Home Sales Trend Upward

In the coming year, Notary Signing Agents can expect more closings from the sale of new and existing homes, but may experience a significant drop in mortgage refinancing assignments, according to forecasts from several industry associations.

Notarial evidence forms introduced for mortgages

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.

Foreclosure Litigation Levels Off For Now

The pace of foreclosure-related lawsuits slowed in the first quarter of 2012, but the reprieve may only be temporary, according to the latest edition of the Mortgage Litigation Index.

Notarizing Postdated HARP Loan Documents

Lenders are circulating a rising number of loan document packages under the Home Affordable Refinance Program (HARP) that are postdated. While Notaries do not generally notarize postdated documents, they are authorized to do so in these specific cases, as long as proper procedures are followed.

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