Signing Notary Test #1 Questions & Answers(RATED A)
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Course
Signing Notary
Institution
Signing Notary
Why do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. -ANSWER Lender need to make sure that consumers and their financial information which is entrusted to Notaries remains protected and secure.
Lenders are ultimately...
Signing Notary Test #1 Questions & Answers(RATED A)
Why do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. -ANSWER Lender need to make sure that consumers and their financial information which is entrusted to Notaries remains protected and secure.
Lenders are ultimately responsible for the conduct of any third-party service providers, making it critically important to verify that the people lenders send to borrowers' home are trustworthy.
In order to open and view a PDF (portable document format) -ANSWER Signing agents can install and use the Free adobe Reader program.
The term "critical docs" refers to which of the following docuements? -ANSWER Mortgage or Deed of Trust, Closing Disclosures, Notice of Right to Cancel, and Note.
Many mortgage and tile companies give preference to notaries who are certified by the National Notary Association. -ANSWER True
How should the NSA organize the work space in order ensure a successful and efficient
loan signing? -ANSWER Clear the table to desk to clutter
Set food beverages aside
Arrange the seating
Mobile Notary Signing Agents: -ANSWER Must be very detail- oriented, because the slightest oversight could nullify a legal transaction.
Should enjoy traveling and be able to locate unfamiliar addresses. Should posses excellent social skills, and enjoy meeting people and interacting with others on a personal but professional basis.
The Notarial Evidence Form -ANSWER Is completed by the Notary Signing Agent and returned to the lender.
A Mortgage Signing Agent must be able to communicate with the Signers, and and interpreter cannot be used. -ANSWER True
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