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 Should you report a Title Company if...
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Dannotary

California
265 Posts

Posted - 05/20/2012 :  12:53:55 AM  Show Profile  Visit Dannotary's Homepage  Reply with Quote
I just signed my paperwork for a purchase at a title/escrow co who is also owned my the investment group/seller. Anyway, the esc officer had me sign one time in her journal and thumbprint once but there were 3 docs notarized. The reference in her journal was the property address, didnt say it was loan docs or anything else. I have heard this from many borrowers who balk at me having them sign for each individual document I notarized and tell me that the 'other notary' or esc officer at title co only had them sign once the last time they did a loan. At my own bank, a young office worker there said that their notary always leaves her a stack of docs to me notarized and her notary stamp for this clerical worker to use to 'notarize'/stamp for the notary.
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jbelmont

California
3106 Posts

Posted - 05/10/2012 :  12:22:21 AM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
I keep hearing this again and again. Someone emailed me from our Facebook campaign and wanted to know if she could send a loose acknowledgment for a Quit Claim Deed. A title company said that the original got destroyed. The notary had better see the "destroyed" copy and shred it before issuing another, otherwise they might need to notarize a death warrant before you know it.

It is a misdemeanor in many states to ask a notary to commit fraud or do something illegal like backdating or sending loose acknowledgment forms without attachming them to a document or without having a journal signature of the signer that corresponds to that acknowledgment form. I don't know the rules in each state, but I do know that these Title companies often don't know what the laws are nor do they care. They also don't care about whether the notary gets into trouble or not.

Maybe it is time to report bad guys at Title companies who ask notaries to commit fraud. Asking someone to commit fraud is almost as bad as actually committing fraud.

I remember that someone at a title company forged my signature and stamp and we caught them too a few months later! The person signed my name in a girly way and didn't use an embosser as a secondary stamp which was my trademark as a notary. They were easy to catch!

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