Good news for Notary Signing Agents! There may be an increased demand for Notary Signing Agent services because of the new Obama Administration package of incentives to the Home Affordable Modification Program (HAMP). The new program encourages banks and investors to offer permanent reductions in principal for people who owe more than their homes are worth.
Banks and title companies will rely upon Notary Signing Agents to handle the notarizations for these transactions. The greatest demand will likely be in Arizona, California, Florida and Illinois where the delinquency rates are much higher than other states.
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