The NNA has been conducting a nationwide campaign for over 5 years to get states and notaries to use their Enjoa enotary software.

Please note that eNotarization is an entirely different animal than loan packages that are eSigned. eSigning mean the non-notarized docs are "signed" via computer using a previously signed PofA. Docs requiring notarization are printed out. Signatures and notarizations are completed in traditional ink on paper format.

eNotarizations scare me to death.

In the US, our computers simply do not have sufficient firewalls and other tools to fight the invasion of hackers into our computers' database. People who connect their computers to the internet via WiFi and AirCards are the most vulnerable. In contrast, internet users in France have a separate box between their computer and the cable connection in the wall that protects that computer from being hacked into. This firewall equipment is serious stuff. ID theft via wall-connected computer is VERY low in France. WiFi and AirCard connections are just as vulnerable in France as here.

Key statement by Oregon's Sec of State, notary division: "Identity theft, by the notary or someone with access to a notary's computer, would be a relatively simple affair. Victims would have an enormously difficult time repudiating their thumbprint, and might not have any idea how their identity was stolen."

Read the full statement at http://www.filinginoregon.com/notary/currenttopics/enjoa.htm

The title companies in my state want our legislators to pass legislation accepting eNotarization and eRecording of Deeds. They are pushing it through in an underhanded, quiet way through a railroad transportation regulation. Sneaky bast@rds. As you know, title companies give a rat's a$ regarding the protection of the borrowers'/buyers' private information. TCs show extreme negligence when they send us edocs in simple PDF (Adobe Acrobat) format with no encryption or even the requirement of a password. Crikey! They might as well print out legal name, date of birth, and social security numbers on a postcard and put it in a corner mailbox!

Please think long and hard before joining the eNotarization bandwagon.

Remember this: All liability connected with any notarization falls on you. If an ID theft is conducted via your computer, you could easily be named as an accessory by not securing your information.

LauraV

 
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3 Comments on Oregon Sec of State is against eNotarization and so am I

SEP
03
2008
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I wonder how all of this will play out in the next few years?

I have some of Laura's concerns.

I also don't want to be left behind as a notary/loan-signers.

When email docs began in 2003

The loan signers who said

they would never print out docs and then in a few years 95% of the docs were printed by us.

Nothing is going to change until the United States borrower(s) has some trust in a new system for loans.

 What we have gone thru since the subprime mess in 2008; how is a borrower going to trust some sort of Internet signing for the next several years?

I know things will change and I don't want to be the type of business person that owns a horse and can't figure out a car has been invented?

 

 

 

 

1:00am • #1

It's all fun and games until someone loses an eye.  I think the T/C's are operating under the false-fuzziness of the blanket of realized risk.  All those unsecured loan documents zipping (or is that UN-zipping?) all over virtual space every day across the nation, and ... so far, so good.  The Lenders go through all that money and effort to securely send docs, and T/C's ROUTINELY toss all the security measures to the wind - and ... so far, so good.

This is how the game is played, always has been.  Risk-based.  It won't change until the inevitable happens - some poor NSA sends unsecured docs to Kinko's, some fool Kinko's clerk confiscates private info and uses it in some dastardly fashion and the proverbial *Stuff* hits the media-fan (a key factor!).

THEN there will be lots of noise (sounds like "rabblerabblerabble", like on South Park!) and lawsuits and investigations, a couple/three new documents and then on to the next big fiasco.

5:43am • #2
SEP
18
2008

Thanks for your post Laura.  It certainly does bring up some questions I have regarding security and liablity issues when it comes to doing eNotarizations.  In California, we have enough to worry about now as notaries and must always be careful.

3:28pm • #3

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Laura Vestanen

Point Roberts, WA

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