Menu

NOTARY REVIEWS...

...The Good, Bad & Ugly!™

Let us know what you think, visit our Guestbook...

Amrock / Chase Closings...

Second post regarding these ridiculous Door Dash Closings...

 

An NSA who continues to conduct these AMROCK /Chase closings via the infamous "door dash closings" is an idiot. Unless your state specifically allows you to conduct NOT IN PERSON NOTARIZATIONS, IT IS ILLEGAL!

Witnessing the borrowers sign their loan documents, is an absolute crucial part of the entire closing process! Using video chat on a phone is not only unwise but totally unsecured...do you know how many times you give/allow 3rd party apps access to your pictures, contacts and yup, video recordings on your phone, whenever you download a new app? THINK NSAs THINK!

NSAs should always be or have the mind set after each closing, "well, what if this closing comes back to me in some way, can I be held liable?", "Did I do everything legal and in accordance to my state laws?"

I'm 100% positive AmCock et. al, will be involved in many lawsuits in the near future because some of the CHASE clients/borrowers will default on their loans and blame the lender, title company and yeah, the poor-ass notary signing agent who allegedly "witnessed" it all.

The "no one witnessed me sign these documents, not my signature on those documents, notary told me to do something illegal or was part of the scam defense, is real! Seriously, as ridiculous as the latter reads in my very layman terms, people who do not want to pay their mortgages will say and do anything and everything to get out of that significant obligation without paying a dime.

Soooo are YOU ALL (NSAs) going to be prepared to go to court, and listen to the borrower(s) LIE and testify you did NOT WITNESS their closing because you were either waiting in your car or dropped off the loan documents then later came back to pick these up and notarized their signatures afterwards? Or was in your car and used your video chat to witness. Unless you have a clear recording of the entire transaction as part of a solid defense (non-attorney opinion) the NSA will be the ones getting the MOST FKD.

The big box lenders and title companies who have millions of dollars to spend on defense attorneys WILL get away with a slap on the wrist. (Wells Fargo creating unauthorized client accounts comes to mind)

 

BE SMART AND DON'T DO THESE CLOSINGS.

 

YOU WILL NOT GET RICH QUICK DURING THIS PANDEMIC!

 

YOU WILL NOT BECOME AN INSTANT OVERNIGHT SUCCESS.

BUT YOU VERY WELL MAY BECOME FAMOUS...


.....AS A CO-DEFENDANT ON A FUTURE COURT CASE

(speculation from a non-attorney)

 

 

#NotarySigningAgent #NotaryPublicIssues #LoanClosingAgents #NotaryClosings #Notary #Amrock

Go Back

Comment

Blog Search

Blog Archive

Comments

There are currently no blog comments.