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
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?