signing agent
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A Signing Agent is a notary public who specializes in the notarization of real estate loan documents. Signing agents often seek certification and training through private organizations but is generally not a requirement.
Also referred to as a Notary Signing Agent or a Loan Signing Agent, a signing agent should not be confused with a mortgage loan closer or closing agent. Signing Agents are loan document specialists hired by mortgage companies, escrow companies, title companies, and signing services to identify loan documents, obtain the necessary signatures, and in some cases deliver the documents to the borrower. A Signing Agent is an impartial party to the transaction and must adhere to their state notary laws. Per the National Notary Association (see reference), In states where Signing Agents are allowed, Signing Agents may identify documents and can point out terms to the loan transaction. However, Signing Agents are prohibited from giving legal advice or in any way explaining or interpreting the meaning of any terms or documents. Any advice, explanation, or opinion can be considered unauthorized practice of law.
References
National Notary Association: http://www.nationalnotary.org/news/index.cfm?Text=newsNotary&newsID=703
IDSOS Notary FAQ. Idaho Secretary of State. Accessed 2007.
John A. Gale (Nebraska Secretary of State). Nebraska Notary Law Seminar. (Powerpoint) Accessed 2007.
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