Scanlon Signing Services

VA loan fees

2011-10-13T02:18:00.000-07:00

Some last minute confusion regarding legislative changes to VA loan fees has some lenders and prospective homeowners scrambling for clarity with home closings on the line. But the Department of Veterans Affairs sought to calm fears by pledging to cover additional costs while waiting for President Obama to act on a bill that would keep VA funding fees in place thru mid-November.

The fees are mandatory charges applied to every VA purchase and re-finance loan. They help keep the program running and help ensure service members can continue to purchase a home with no money down or private mortgage insurance. The bill now is awaiting the presidents signature and would stave off the rate drop until Nov. 17.

Government officials expect the VA funding fee issue to be resolved within days. I will keep you updated on this issue.

Sincerely,

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.comk

Florida's New Power of Attorney Act

2011-10-10T13:31:00.000-07:00

Last week Florida enacted a new "Power of Attorney Act" in order to protect its elderly population from exploitation. This new act states a power of attorney must be signed by the principal and two subscribing witnesses and be acknowledged by the principal before a notary public.

Floridians are being warned that if they don't comply with the new laws there power of attorney will be invalid. Power of attorney's that were entered prior to 10-1-11 will still be valid if they followed the current laws that were in place at that time. Individuals should update there current power of attorney in order to be up to date with the new regulations to avoid any potential problems in the future.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

NFIP may get temporary extension

2011-09-22T04:36:00.000-07:00

The National flood Insurance Program (NFIP) is expiring on September 30,2011 unless congress approves a temporary extension. If approved it would extend program until November 18,2011.

The NFIP provides low cost flood insurance to home owners whose properties are located in an area with special flood hazards. Also the NFIP provides disaster relief funds to states effected by hurricane Irene.

If this program expires new home loan applicants requiring flood insurance would be held up pending extension of the program. Other bills floating around congress seek to extend the program for five more years. The NFIP provides flood insurance to 5.6 million homeowners.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Government is looking into REO properties

2011-08-16T06:34:00.000-07:00

The Federal Housing Finance Agency (FHFA), the US Department of Treasury and the Department of Housing and Urban Development (HUD) have issued a Request for Information (RFI) on the real estate owned (REO) properties held by Fannie Mae, Freddie Mac, and FHA. This RFI is seeking to address the current and future inventory of REO properties and encourages private investment in the housing market, and reducing the average loan loss. RFI also requests that we address property repair needs, assist in neighborhood and home price stabilization, and help current renters to become home owners (lease to own).

Millions of families have seen there home values plummet due to foreclosures and abandoned properties in there neighborhood. Encouraging private investment in Reo properties may help stabilize neighborhoods and home values.

Higher FHA down payments

2011-06-14T03:41:00.000-07:00

The House Financial Services Committee is proposing an increase in FHA down payments. The current down payment for an FHA mortgage is 3.5% and they want to increase this to 5%. The FHA Rural Regulatory Improvement Act of 2011 would also prevent borrowers from rolling the closing costs into the loan. This would severely limit first time home buyers.

Representatives of the Mortgage Bankers Assoc (MBA), National Assoc of Realtors(NAR), and the National Assoc of Home Builders(NAHB) all have testified opposing this new legislation. This draft legislation does not have a bill number yet but is presently being reviewed and debated. I will keep you updated on any new findings.

Sincerely,

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Senators fight to restore counseling funding

2011-06-05T03:43:00.000-07:00

Senators fight to restore the $88 million in funding for the housing counseling programs that were cut from the budget. This cut also includes $9 million just for reverse mortgage funding.

Counseling agencies may have to increase the cost for counseling servicies and limit the number of counselors available.

Little is known about how this program impacts consumers. But one study did show a large percentage of home owners who received this counseling did not re-default.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Avon products now available

2011-05-22T16:02:00.000-07:00

Avon products Now Available
I am pleased to announce that I am an Independent Sales Representative for Avon. I have always liked there products from skin care to make-up, mens to kitchen gadgets, clothes and baby products and we cant forget the shoes.

Its very easy to order you can call me on my cell phone or send me an e-mail to place your order but now we have our own personal website that you can order directly from. Just place order pay with your credit card and your order will be shipped to you anywhere in the U.S. and will arrive within 2-3 days.

So lets get shopping. Here is a link to my webpage. I know you will enjoy these wonderful products.

www.Youravon.com/lscanlon

Sincerely,

Lisa Scanlon
941-447-7130
lisagof@msn.com

Reform is hurting borrowers not helping

2011-05-12T10:03:00.000-07:00

While reform was needed for the out of control lending environment, the government is destroying what is left in the fragile housing market with new guidelines that only seem to hurt the consumer.

HUD has announced a new guideline that states if the borrower has officially disputed anything on there credit report they must retract there dispute even if it was an error on the credit report or they will not get a mortgage. Also it takes weeks to get the dispute removed and that can kill the loan process.

On April 1st the Dodd-Frank Financial Reform Bill was passed. This caps the amount loan officers can earn per loan transaction. But this hurts consumers because loan officers cant help cover closing costs for borrowers or reduce there interest rate.

These changes do not help the consumer, it just makes it harder to get a mortgage and creates more out of pocket expense.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Fl next state to use E-Verify

2011-04-07T04:52:00.000-07:00

Newly appointed Governor Rick Scott ordered all state agencies to use the federal E-Verify system to confirm the employment eligibility for there current and prospective employees. There are now 13 states that have enacted some type of E-Verify mandate.

E-Verify is the governmnets online system that employers or E-Verify agents can use to confirm the social security numbers of future employees to verify that they are authorized to work in the United States.

This should open up the door for more job opportunities for E-Verify agents. Here is a list of the states that currently require these verifications:

Colorado,Florida, Georgia, Idaho, Minnesota, Missouri, Nebraska, North Carolina, Oklahoma, Arizona, Mississippi, South Carolina, and Utah.

I am an E-Verify agent for the state of Florida. Please call if you are in need of this service.

Sincerely,

Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

Electronic Notarization Update

2011-03-29T05:16:00.000-07:00

Va is the next state to try to tackle the Electronic Notarization issue. This new bill was passed and it allows for electronic notarizations by personnal appearance and vidoe conference. Notaries must apply for a seperate commission to become an electronic notary in VA. If the electronic notary uses video conference you must either personally know the signer or use one of the two new forms to indentify the signer. These two new forms are digital certificates accessed by biometric or an interoperable PIV smart card, and what is know as an "antecedent in person identity proofing process".

The National Notary Assoc. states they are working to have the governor veto this bill. The bill will become affective July 1, 2012.

Mortgage Assistance Programs in Trouble

2011-03-16T05:06:00.000-07:00

In the past week, the house financial services committee has approved bills aimed at terminating four mortgage assistance programs including the Home Affordable Modification Program, the Neighborhood Stabilization Program, the Emergency Homeowner Loan Program, and the FHA Short Refinance Program. The House is stating that these programs have only helped a fraction of home owners in need, and is wasting millions of tax payer dollars.

The bills will move to the Senate next. President Obama has already indicated that he will veto the bills if they make it to his desk. Congress could over ride the presidential veto but that is unlikely.

There will certainly be heated debates about this issue. I will keep you posted.

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

FHA to extend anti-flip wavier

2011-02-03T06:04:00.000-08:00

The Federal Housing Administration (FHA) will suspend its anti-flip rule for another year in order to boost the sale of foreclosed homes. In 2003 HUD issued a rule that prohibited FHA from insuring mortgages on homes that were owned by the seller for less than 90 days. In February 2010 HUD lifted the ban for one year, they just extended the wavier until January 2012.

This rule was designed to avoid flipping properties-buying and quickly re-selling the property to borrowers at an inflated price. Hopefully this extended wavier will help to sell the huge amount of foreclosed homes on the market.

Lisa Scanlon, CSA
942-447-7130
www.ScanlonSigningServices.com

Fannie Mae to impose new charges

2011-02-02T10:04:00.000-08:00

In April 2011 Fannie Mae will be applying a new set of charges that could significantly increase closing costs. Some lenders have already started to apply these charges. With an already weak market, this will impact consumers in a negative way, allowing for higher closing costs.

The good news if any is that these fees will not apply to FHA mortgages or mortgages that will be kept by a lender, only those being sold to other lenders will be affected.

Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

Online Notarization Website?

2011-01-19T10:53:00.000-08:00

I recently came across an Online Notarization Website that offers online notarization through a web cam and video chat. I thought to myself how can this be without personal appearance, that is one of the cornerstones of the Notary office.

When I investigated further I learned that the only state this is allowed in is New Jersey. But it made me wonder if this is where the notary office is going in the future. I don't see how you can properly identify and individual over a web cam and also you cant see anything going on outside of the viewing window, what if they are being coerced in some way. I feel this would de-value the notary office and could create additional opportunities for fraud.

I know that personal appearance is one of the most important rules as a notary, but who knows what the future holds.

Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

Mortgage Tax Deduction

2010-12-04T12:12:00.000-08:00

The Obama administration's deficit commitee is currently reviewing the home mortgage interest deduction (MID). With the federal deficit of $13 trillion officials are trying to find ways to curb this growing debt.

This deduction has been a strong incentive for home ownership since 1913. Americans have been able to deduct the interest paid on mortgages for there primary residences, second homes and home equity lines of credit for over 100 years. Any changes to the MID could be devastating to home prices and the value of homes. This could seriously harm the current economic recovery.

There has not been a decision made on this topic yet. I will keep you informed on this issue.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

New HUD Settlement Stmnt for FHA Reverse Mortgages

2010-11-29T07:45:00.000-08:00

The Dept. of Housing and Urban Development recently introduced a revised HUD-1 settlement Stmnt for FHA Reverse Mortgages. According to HUD the wording has been changed to include new statutory authority to penelize for false certifications or fraudulant activities and new language for sellers of a HECM for purchase transactions.

On the day of closing the HECM mortgagor must certify the source of cash used for the investment or that the closing costs were not paid by the seller or any other person that will financially benefit from this transaction. Also the seller must certify the HECM mortgagor will not be reimbursed for the closing costs before, during or after the closing.

This new rule applies to HECM cases applied on or after 12-1-10.

For more information on these new rules click on link below
http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/10-39ml.pdf

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

New TEA Opportunities

2010-10-15T05:26:00.000-07:00

New TEA Opportunities

The U.S. Drug Enforcement Agency has issued a new federal rule Effective June 1st 2010 permitting doctors to issue prescriptions electronically it is called EPrescribing. This could open up new opportunities for "Trusted Enrollment Agent" (TEA).

This rule requires physicians to obtain a digital credential which verifies there identities
before they can electronically issue
prescribtions.This digital credential can be verified and performed by a TEA agent.

As more industries embrace the use of electronic identity credentials and signatures to conduct confidential business via the Internet this should provide future assignments for TEA agents.

Please call on us for all of your loan signing, mobile notary, process serving, or field inspection services and have the confidence in knowing we will handle any task with the upmost of care and professionalism.

Sincerely,
Lisa Scanlon, CSA
941-447-7130

"Dodd-Frank Wallstreet Reform and Consumer Protection Act"

2010-10-11T15:10:00.000-07:00

"Dodd-Frank WallStreet Reform and Consumer Protection Act"

On July 21, 2010 President Barack Obama signed the "Dodd Frank Wallstreet Refrom and Consumer Protection Act" which aims to prevent what led to the breakdown in the mortgage lending market and to protect consumers applying for mortgages. With this increased regulation it will impact both mortgages lenders and consumers. It does provide new opportunities for affordable home ownership and enables current home owners at risk for foreclosure to re-fi or modify there mortgages.

Many of these regulations will be developed over a period of time and each provision will have a different effective date and some will have a transition period in order for lenders to meet these requirements. This is a very lengthy Act with to many provisions to mention so I have attached a link for more info on this act,

http://en.wikipedia.org/wiki/dodd-frank_act

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices@yahoo.com

E-Notarization Update

2010-09-07T11:47:00.000-07:00

E-Notarization Update

Silanis announced that they would be working with Stewart Title and the National Notary Association (NNA) to deliver e-notarizations and electronic closings at title offices.The NNA's Enjoa signing tablet will be worked into Stewarts e-closingroom, part of there Sureclose platform. Enjoa allows notaries to securely capture and store borrowers photograph, thumbprint and signature, satisfying all state laws. Also the Enjoa signing tablet can be used to capture the borrowers signature to sign electronic documents in Stewarts eclosing room.

SureClose will initially support electronic notarizations of closing documents using stored digital certificates created for each closing officer, notary, or attorney.

Hopefully this will pave the way for electronic closings and notarizations.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Fannie Mae Update

2010-09-01T07:42:00.000-07:00

Fannie Update for Credit Report Pull

On August 13th Fannie Mae issued its selling guide which clarifies that lenders are not required to obtain a 2nd credit report just before loan closing. This update only reminds lenders that Fannie Mae expects them to have the processes in place. Lenders will only be required to re-underwrite a loan after the initial underwriting decision has been made if the borrower discloses or the lender discovers changes that cause the debt to income ratio to exceed 45% or to increase by 3 percentage points or more.

http://www.fanniemae.com

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices@yahoo.com

Florida realtors negotiate funds for oil spill losses

2010-08-25T08:37:00.000-07:00

FLORIDA REALTORS NEGOTIATE FUND FOR OIL SPILL LOSSES

>>Florida Realtors (www.floridarealtors.org) and statewide realtor organizations from Alabama, Mississippi, Louisiana and Texas have negotiated a $16 million special allocation for real estate professionals claiming loss of income due to the Gulf oil spill. The organizations met several times with the new claims administrator, Kenneth Feinberg, to make their case and win the allocation.

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Revised HUD counseling handbook

2010-07-20T05:36:00.001-07:00

Housing Counseling Agencies:

 The Department of Housing and Urban Development has revised the Housing Counseling Handbook, 7610.1 REV-5, which was posted to HUDClips on July 13, 2010. The Handbook is effective immediately with the exception of Appendix 4, HECM Counseling Protocol, which will be effective 60 days from the date it was posted to HUDClips - September 11, 2010.

The revised Handbook is available on HUDClips through the following link:

http://www.hud.gov/offices/adm/hudclips/handbooks/hsgh/7610.1/76101HSGH.pdf

Sincerely,

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Distressed Condo Relief Act

2010-07-14T10:14:00.000-07:00

Florida Distressed Condo Relief Act

The "Distressed Condo Relief Act" (DCRA) in SB 1196 was put in place to encourage investors to buy unsold developer inventory. This should help stabilize the condo market. It also protects the lender if the developer defaults.

If the provision becomes law it will only apply to purchases that take place before the law sunsets on July 1, 2012.

Here is a link to SB 1196

http://flsenate.gov/data/sessions/2010/senate/bills/billtext/pdf/s1
96er.pdf

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

2nd credit report pull

2010-06-30T04:30:00.000-07:00

2nd Credit Report Pull

Fanne Mae just announced that lenders will be required to provide a 2nd credit report be pulled on the actual day of closing, prior to the loan funding. This new credit check will apply to conforming loans under 417,000.
If the borrower incurs additional debts after the lender pulled the initial credit report, it may delay or stop the closing all together.
Beware future home buyers must never go out and apply for credit while the home loan process is active.

Lisa Scanlon, CSA
www.scanlonsigningservices.com
941-447-7130

FHA to accept electronic signatures

2010-05-10T16:03:00.000-07:00

FHA to Accept Electronic Signatures

As of 4-8-2010 FHA announced they will accepts electronic signatures on 3rd party documents included in the case binder for mortgage insurance endorsement. 3rd party documents are those that are originated and signed outside of the mortgagee's control such as a sales contract.

This will apply to Mortgages and Home Equity Conversion Mortgages. You will have to keep a hard copy of the origination case binder for 2 years from the date of the endorsement.

If you have any questions you can contact FHA Resource Center at 1-800-225-5342.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Scanlon Signing Services Green Announcement

2010-05-03T09:49:00.000-07:00

Going Green

Scanlon Signing Services believes deeply in not wasting materials, re-using, and recycling. We want to keep the planet clean for our children. Therefor we donate all our used toners cartridges to the local performing arts school for recycling and all of our shredded documents are donated to the local animal rescue center for animal bedding. There are always places within your community that are in need of the things we just throw away, seek them out and you will be suprised how many organizations are in need. You will be doing your part to help the planet and your community.

I have also obtained my electronic notary seal and laptop for paperless notarizations and loan closings. Its the future of secure documents.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
ScanlonSigningServices@yahoo.com
ScanlonSigningServices.com

Loan Modification Tips

2010-04-26T07:40:00.000-07:00

Loan Modification Tips.

Many firms such as banks, lenders, title companies, law firms and others are hiring notaries to perform loan modifications. Most of these assignments are legitimate, coming from major lenders such as Wells Fargo, JP Morgan Chase and Bank of America. According to HUD a loan modification is a permanent change to the loan terms which allows the loan to be reinstated and results in a payment the borrower can afford. There should be no upfront fees and the documents should reflect the new terms. Beware if you are asked to collect large upfront fees with no documents showing the new terms. There are so called rescue firms taking advantage of desperate borrowers.

If you receive an assignment that seems questionable you can check with the Better Business Bureau or local law enforcement. If you feel the job just is not right do not accept it.

Please let me know if you have any comments or questions.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

RESPA Reform Tips

2010-02-04T04:40:00.000-08:00

RESPA Reform Tips

Here are some tips for signing agents who will be dealing with the new HUD settlement statements and Good Faith Estimates.

You may continue to see the old HUD and GFE through out the spring if the loan application was taken prior to 1-1-10. Any applications taken 1-1-10 and after are required to use the new forms. The new GFE is pretty much unchanged. The new HUD is longer and has more information but is easier for the borrowers to compare closing costs. The first page is the same, the 2nd page after each charge is listed the line # for the corresponding item from the GEF appears. Line 1101 will show the total of the charges reflected in the 1100 series. The same for line 1201 and 1301. The fees will be broken down for that section. The 3rd page compares GFE and HUD charges at the top. The bottom of page 3 goes over all the loan terms. Also if the lender has exceeded any tolerances there will be a lender credit listed on the HUD or the lender has 30 days to issue a refund check to the borrower.

I hope these tips help.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Electronic Notary Seal update

2010-01-06T10:34:00.000-08:00

Electronic Notary Seal Update

As of 12-15-09 the National Notary Association (NNA) will be disabling all Electronic Notary Seals (ENS) and will no longer offer them. According to the NNA state regulations, industry practices and technologies have made it difficult to provide a single source electronic notary signature. The NNA will refund the original purchased amount to any notary that has purchased the ENS.

I was disappointed to hear the NNA will not be involved with the ENS. They have always been an organization I trust and depend on for supplies and advice. I have heard there are other vendors still offering the ENS. I will send a follow up e-mail when I have an update.

RESPA changes

2009-12-16T07:00:00.001-08:00

Changes to RESPA

As you have likely read the Department of Housing and Urban Development (HUD) made changes to the Real Estate Settlement Procedures Act (RESPA) that are intended to make it easier for borrowers to understand the settlement process.

Here are some important changes taking effect 1-1-10. It establishes a standard 3 page Good Faith Estimate (GFE). Limits the fee associated with the GFE to the cost of the credit report. Establishes a 3 page HUD, with the 3rd page for the borrower to compare estimated charges from the GFE to the final charges from the HUD. Also Eliminated the 1% cap on FHA origination fees.

If you would like additional information on this topic here is a link,
http://www.hud.gov/offices/hsg/ramh/res/respa_hm.cfm

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Notary Signing Agent Safety Tips

2009-11-13T08:56:00.000-08:00

Safety tips for Signing Agents
As a Certified Signing Agent I would like to share some of my tips with you to help guide new agents through a safe and successful signing. You may ask why would I need safety tips, but if you are traveling to rural areas late at night or sometimes it could be the house around the corner you may find yourself in a precarious situation. Sometimes borrowers may have alot riding on that particular transaction going through. Here are some things that would stop a signing in its tracks. In-valid forms of identification, one spouse forcing another spouse to sign, or wanting to sign for the absent spouse, an elderly person being forced by another family member to sign a document they cant physically sign or don't understand.
You may be able to deter some of these situations by confirming ahead of time the type of identification required, and who needs to be present to sign the documents.

You may be pressured by the signers to perform an illegal notarization but you must follow your notary laws and code of ethics.If you need to terminate the signing handle with care. Here are some tips to keep you safe:

1. Always leave a log sheet at the office showing the addresses you will be at that day and make sure someone knows where you keep it.

2. Have your cell phone with you at all times.

3. When you arrive at the signing be aware of your surroundings, take note of all exits, dogs, other people in the house.

4. If at anytime you need to stop the signing ,call the company that hired you to confirm you halted the signing and if you need keep them on the phone with you while you vacate the property. They can alert police if you need help.

5. Check with your state laws first and if allowed carry pepper spray or some form of legal self defense.

I hope these tips are helpful.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

Home Valuation Code of Conduct

2009-08-03T04:36:00.000-07:00

HOME VALUATION CODE OF CONDUCT

This new code took effect May 1, 2009. It was drafted by the office of Andrew Cuomo New York attorney general. The critics of the HVCC including the National Assoc. of Realtors are gearing up for a fight in congress, requesting an 18 month moratorium.

This new code is linked to raising appraisal costs to consumers, use of inexperienced appraisers who are not familiar with specific neighborhoods, delays in closings or cancelled sales. The intent of this code was good but the cost of appraisals has increased and the quality has dropped.

I will keep you updated on this issue.

Sincerely,
Lisa Scanlon, CSA
www.ScanlonSigningServices.com
941-447-7130
follow us on twitter

New guidlines for Truth and Lending disclosure statement

2009-07-20T16:16:00.000-07:00

New Guidlines for Truth and Lending disclosure statement (TIL)

The Federal Reserve has approved new guidelines for the Truth in Lending (TIL) disclosures effective July 30,2009.

Now there is a 7 business day waiting period from the time the initial TIL is issued to time of closing. If the final TIL does change then there is an additional 3 business day waiting period until close. If the new TIL is mailed the waiting period is 6 business days. Also prior to the issuance of the 3 day disclosures only a credit report fee can be collected.

A new statement will be added to the initial and final TIL "You are not required to complete this agreement merely because you have received these disclosures or signed a loan application"

These new guidelines apply to purchases and re-fi's.

I will keep everyone updated on this issue.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.ScanlonSigningServices.com

Notary Signing Agents can help prevent mortgage fraud

2009-06-09T07:57:00.000-07:00

With all of the mortgage fraud cases surfacing latley, some of these could have been prevented if an experienced Notary Signing Agent was used. I have heard of several cases where the borrowers were not informed of all of there loan terms. It is my job as a Certified Signing Agent to make sure that the borrowers understand there loan documents and if there are any questions I can not answer the loan oficer is called.

When I arrive at a signing one of the first steps I take is to go over all the important terms to make sure it is what the borrower has agreed to. We check the loan amount, funds I am to collect, the interest rate, whether it is a fixed rate loan or an adjustable rate, any prepayment penalties, payment amount and any escrowed items. If everything is correct then we proceed with the signing.

I heard that some states have tried to bar notary's from performing loan signings, but I think this would be a terrible mistake. I get paid whether the borrowers sign the documents or not so I would not loose hundreds or thousands of dollars just because the loan fell through.I One of my primary roles is to make sure the borrowers understand there loan terms.

I think Certified Signing Agents should be used for all loan transactions. Most of us take pride in the role we have and I know I take it seriously.

Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com
scanlonsigningservices@yahoo.com
follow us on twitter

Why choose Scanlon Signing Services

2009-05-19T06:56:00.000-07:00

Why should I choose SCANLON SIGNING SERVICES
Why choose Scanlon Signing Services?
What sets us apart from other mobile notary
and loan signing company's? I would like
to discuss all the reasons new and
existing clients should always choose
my company over all others.

Sincerely,

LISA SCANLONSCANLON SIGNING SERVICES941-447-7130

Why choose us for your Loan Signing Requests
Tired of Signing Agents who are not professional, late, or who do not dress appropriately. I understand that I represent you and your company and always want to give the best impression possible. Most of the time I am the only person the borrowers actually meet face to face.

I always promptly confirm with the borrowers and go over anything I am to collect, such as copies of id's ,cashiers checks, and any documents. Special instructions are carefully reviewed and followed. All documents in each package are fully explained to the client and if there are any questions I can not answer, the title company is immediately contacted. Any fax backs are promptly sent and packages are always dropped off on time.

I make sure the borrowers are happy and have no questions before I consider the job complete. I believe in going that extra mile for you. Together we can make an awesome team.

Why Choose us for your field inspections

Tired of field agents that you can not rely on or who are not professional. We take our field work seriously. We don't just leave letter on front door and consider it done. We will canvas the neighborhood to find your collateral or to verify occupancy. Photos of collateral are always taken. If contact is made with borrower we always handle with care and respect.

I would like to thank all of our existing clients and if you have not given my company a chance yet please try us out I guarantee you will be satisfied with our services.

Lisa Scanlon SCANLON SIGNING SERVICES

2009 18th ave westBradenton, Florida 34205SCANLON SIGNING SERVICES941-447-7130

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Scanlon Signing Services goes Green

2009-04-29T13:24:00.000-07:00

Scanlon Signing Services believes deeply in not wasting materials, re-using, and recycling. We want to keep the planet clean for our children. Therefor we donate all our used toners cartridges to the local performing arts school for recycling and all of our shredded documents are donated to the local animal rescue center for animal bedding. There are always places within your community that are in need of the things we just throw away, seek them out and you will be suprised how many organizations are in need. You will be doing your part to help the planet and your community.

I have also obtained my electronic notary seal and laptop for paperless notarizations and loan closings. Its the future of secure documents.

Lisa Scanlon

http://www.scanlonsigningservices/

941-447-7130

Gas Price Relief

2008-10-29T05:54:00.000-07:00

With the soaring gas prices we all need a little relief specially us traveling notaries. The IRS has announced that they will boost the standard mileage tax deduction for the second half of 2008. The mileage rate was 50.5 cents after July 1, 2008 the rate was increased to 58.5 cents per mile of business travel.

Every little bit helps us small business owners. So remember that when you are having your 2008 taxes prepared that they give you the extra mileage increase for the 2nd half of the year. I will keep you updated on any other information that can help out in these troubling times.

Lisa Scanlon
http://www.scanlonsigningservices.com/
Scanlonsigningservices@yahoo.com
941-447-7130

2008-10-21T08:31:00.000-07:00

The practice of a notary public dates back to ancient roman times when few people learned to read and write. A "notarius" was appointed as a public official to create written documents of agreement or wills and hold them for safekeeping.

Wax seals with engravings or symbols were used as signatures. In later centuries, ribbons were woven into the margins of multiple page documents to tie the pages together. Wax seals were placed over the knots to ensure no pages were added or removed. This was the begining of the notary seal and certificate.

Just wanted to give everyone a little history into the notary public office. If you have any questions or need any notary services please feel free to contact us at 941-447-7130.

Lisa Scanlon, CSA

http://www.scanlonsigningservices.com/

scanlonsigningservices@yahoo.com

Certified Process Server

2008-09-09T10:44:00.000-07:00

We are Certified to serve process in Manatee, Sarasota, and DeSota counties in Florida. We serve legal documents such as summonses, subpoenas, complaints, writs and other court documents. Our standard process serving is within 5 days or we also provide rush services within 24-48 hours. Your documents can be e-mailed or faxed for service to us at 941-727-9346 or Scanlonsigningservices@yahoo.com
We will file your papers with the clerk of courts for you and promptly fax you a copy of the affidavit of service.

We still offer all of our other mobile services such as loan signings, notarizations, field inspections, delinquency interviews, Trusted Enrollment Agent assignments, and E-Verify designated agent assignments. Please click on the weblink for more information about the company and all the services we offer.
http://www.scanlonsigningservices/

Thank You and I look forward to serving you,

Lisa Scanlon

941-447-7130

scanlonsigningservices@yahoo.com

www.scanlonsigningservices.com

10 Steps to a successful mobile loan closing.

2008-09-04T16:47:00.000-07:00

10 Steps to a Successful Mobile Loan Closing

1. When loan closing assignment is received, first verify with the lender or title company all of the specifics of the closing. There may be documents that you are to pick up, certified funds to collect, and copies of drivers license. Verify what color of ink you should use for the signing and what address and account # should be used for the returning of the documents.

2. Immediately call borrower to confirm the time, date, and location of the closing. Advise borrower of any documents or funds you need to collect. Verify that he or she has proper identification and will have copies available for you to collect.

3. When loan package is received print out 2 copies 1 to sign and 1 for borrower to keep for there records. Review all documents for special instructions, pages that did not print correctly, or names that are misspelled. Also check settlement statement to verify funds to collect.

4. Call borrower before leaving for appointment to ensure he or she has everything ready for you to collect and the certified funds are for the correct amount.

5. Be on time! Always leave 10 to 15 minutes early for appointment encase you run into any traffic or have trouble locating address.

6. Verify the borrower has proper identification and the correct certified check for you. Review and sign each document with the borrower, make sure to sign as witness and fill out all notarizations. Don’t leave any blanks. If the borrower has any questions you are un-able to answer call the loan officer or lender.

7. Double check all dates, signatures, and notarizations before leaving the table. Make sure you have the certified funds and any copies you were to collect.

8. When signing is complete make sure to give the borrower a copy of the loan package, have he or she sign your notary journal.

9. Promptly fax any required documents and drop off package immediately to ensure the documents are received by the next business day if possible.

10. Call or e-mail the title company and lender with the status of the signing, return tracking # and the date they should receive package.

If you follow my 10 easy steps then you should have a successful signing. If you have any questions or comments please feel free to contact me. I have been a Certified Notary Signing Agent for five years and I am dedicated to providing excellent service.

Lisa Scanlon, CSA
Scanlonsigningservices@yahoo.com
http://www.scanlonsigningservices.com/
941-447-7130 cell
941-727-9346 fax