The NNA is requiring notaries around the country to pay for a background check that is not required under the guise of the Grahmm Leach Bliley Act has been around for appx 7 years the Notary Law Institute put out an article in the Nov issue refuting the false claims from the NNA they are just making money off of them.
The background checks are actually free if one were to go through Lexis Nexis's avenue. Also, the NNA has enhanced the "idea" of notaries performing witness closings for lenders around the country and have recommended fees but they have no idea on pricing for the areas in which people travel or their expenses they have been on a rampage of marketing and flooding the market place with false promises of financial work from home lies conducting loan closings!
I feel great empathy for people being foiled by this organization. They also claim that a mere notary public can conduct a closing! Give me a break! These people have no formal title insurance or lender training in most instances and are putting the general public in harms way with all of the predatory lending going on across the country (Ameriquest) for example, Household Finance.
These background checks are worthless! A notary public in most states is checked by their own respective states for felonies, misdemeanors, etc. But their report that they are getting for free and are charging for it are even getting a person's drivers record—WHY? After numerous emails and calls they are not responding to the queries that I personally have sent to them to address they are just on a rampage of making money off of an idea stolen from Susan P.in CO who started the concept and they stole it from her!
The NNA should be investigated for intimidation via their numbers they promote signing services in their magazines who are known for not paying the notaries across the country for example. They conveniently do not address this serious issue!
A person who is at the closing the notary should be on the HUD as a third party and paid off of the HUD not the signing services it is a matter of time when they will too become a signing service and start taking money from the notaries across the country afterall they are in it for the money and obviously not for the good of the office of Notary Public they have made an arena of innocent people to be taken and the FBI should investigate them to the fullest extent of the law!
The NNA is intimidating the notaries into the ever so popular machine of making themselves money off the blood, sweat and tears off of the poor people who believe that they can actually make a living "closing" loans for unscrupulous loan officers from many brokerage / lenders across the country and are using the good name of Notary Public to con the consumer—the notary cannot answer questions about a loan they are only there to "witness" a signature thus leaving the poor consumer with no assistance with their home loan.
This is outrageous! It assists the theives in the lending industry under the guise of neutrality of the notary public to deceive the general public and the NNA is right there with them in this deception. If the Notary Public is supposed to be a neutral party and doesn't work for the lender then why do they need a background check they are not employees of the lender or the title company or the NNA—please American's unite against this fraud against us!
0 comments