Industry Meetings To Explore Emerging Issues From “Robo-Signing” Foreclosure Crisis
The National Notary Association (NNA), the leader in best practices, training, and advocacy for the nation’s community of 4.8 million Notaries, will participate in two important national conferences this month to address the crucial need for sound corporate notarial policy and proper training for Notaries and their supervisors — issues that emerged from the “robo-signing” foreclosure crisis and recent joint state-federal settlement with five of the nation’s largest banks.
On February 29, Chris Sturdivant, the NNA’s Business Development Executive, will participate in a panel presentation in Washington, D.C., sponsored by the Property Records Industry Association (PRIA) entitled “Probing the Future of the Property Records Industry — A Land Summit.” Sturdivant will be joining representatives of Mortgage Electronic Registration Systems, Inc. (MERS), the American Land Title Association, the FBI, the Mortgage Bankers Association (MBA) and many others in discussing “robo-signing” issues, electronic notarization, mortgage fraud prevention and other topics.
And on February 21-24, Sturdivant will be attending the MBA’s National Mortgage Servicing Conference & Expo 2012 in Orlando, Florida, where he will address corporate compliance with notarization best practice mandates established by the national foreclosure settlement.
“Notarization is crucial to so many transactions as well as the overall health of the housing market,” Sturdivant said. “The inadequate processes and oversight involving notarization in the ‘robo-signing’ crisis — the lack of personal appearance before a Notary, the forged signatures, the failure to screen for willingness and awareness — demonstrates extreme corporate risk of failing to follow proper notarial procedures.”
The NNA is working with many financial institutions, mortgage servicers and other organizations to help reduce their risk and comply with state and federal loan servicing mandates, offering its extensive expertise in corporate best practices for notarization, training and Notary law compliance.
About the National Notary Association
Established in 1957, the National Notary Association (NNA) is the nation’s largest, most active Notary community, and the leading professional authority dedicated to educating, serving, and advocating for the nation’s 4.8 million Notaries. The NNA imparts comprehensive notarial knowledge and understanding, promotes a positive public perception of the Notary office, and bolsters consumer protection by promoting best practices. The Association’s accredited professional programs, services, and model legislation help Notaries advance their careers and serve the American public with the highest level of professionalism and ethics. To learn more, visit us at NationalNotary.org.