Posted by Shoshana/AZ on November 18, 2008, 9:34 am, in reply to "Re: FHA loans and correct name on docs"
207.200.116.138
What you just said may be state soecific for CA. In AZ we are allowed a credible witness.
--Previous Message--
: No matter how the name appears on title
: search, if that name is more than or
: not the same as the ID, you are
: committing a fraud by notarizing in
: any name that is not on the ID or MORE
: THAN what is on the ID. The reason it
: got recorded NOT matching the ID was
: because some notary notarized it that
: way in the past. Should never have
: happened. I am just trying to help
: other notaries to stay out of trouble,
: and get us in sync so we can make the
: industry more efficient.
:
: --Previous Message--
: "Was told by a bank president
: this
: week that FHA loans have to be drawn
: in the name that appears on the
: borrowers soc sec card,"
:
: This is not true - docs are drawn the
: way borrowers hold title and, IMO,
: makes this following statement "I
: had them re draw docs so that is
: eliminated the name that was not on
: the ID. " incorrect too - you do
: not dictate how docs are drawn -
: that's up to title and lender - unless
: you've done a title search and
: determined how title is held you have
: no authority to say how docs should be
: drawn. You can't just randomly
: eliminate names from title.
:
: IMO, you could have requested they be
: allowed to sign using a/k/a and your
: certificate would reflect the name on
: the ID. Absent that authorization,
: refuse the job. You're correct in
: that the Signature/Name Affidavit is
: not acceptable ID for a notary and
: I've lost track of how many times I've
: debated this with title companies.
:
: --Previous Message--
: Was told by a bank president this week
: that FHA loans have to be drawn in the
: name that appears on the borrowers soc
: sec card, and that I HAVE TO notarize
: it in that name, even tho it is MORE
: than what was on the driv lic. I
: refused. Soc Sec cards in Calif are
: NOT acceptable ID. THey (lenders,
: title cos, LA's ) have all told me
: that its ok because its both ways on
: the sig affidavit and it will have to
: be oversigned because everyone under
: the sun wants it that way. Not so.
: Its ok with THEM but not for the
: notary. THe name on the ID must be the
: one used on the sig affidavit saying
: that they are also the 'more than
: name'-not the other way around. No
: matter whats on the sig affidavit the
: notary is not covered for notarizing
: the loan package in an oversigned
: name. I had them re draw docs so that
: is eliminated the name that was not on
: the ID. I had to fax them pages out
: of the law primer etc. They even had
: copies of the borrowers IDs way in
: advance. They also told me that I was
: the only Calif notary who they ever
: had a problem with which tells me that
: many are being bullied or just dont
: know not to notarize in names that are
: more than whats on the ID. Title can
: also make a grant deed and a WATA (who
: also took title as). They can do this
: or re draw otherwise I am not
: perjuring myself by notarizing it.
:
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