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Comments from Companies II
Written by Bill Hufford   
We contacted Bill Hufford of Iowa Loan Closing Services Inc. to get his opinion on what "Going above and beyond" meant to his company. Go to http://www.iowaloanclosings.com/ and see for yourself. Bill Hufford offers statewide closings. With the great response Bill has received for his work in Iowa, he will be expanding his services to surrounding states to include but not limited to Minnesota, Wisconsin and Nebraska. Bill is looking to eventually offer these services with the same quality and confidence that he has offered through ILCS nationwide.
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Benefits of a Marketing Plan
Written by Hazzaa Kassis   
Goal Setting: Your marketing plan allows you to set goals and benchmarks. You want to feel confident that you have your plan in order; you know where you are headed and how you are getting there. Take the example of a signing. You get a call to go to a signing, but have no idea where the street address is. You do a search on your favorite map online and find your destination. Get in your car and off you go to do your signing. (You searched, you conquered, You Signed). Now let's put this in context of the over all picture of your company. Set goals and deadlines for those goals and follow them through. If, each month, you meet your goals, in marketing, income and growth, your year end goals will have been met. If, one month, you don't meet those goals you have the following month to make up the difference and catch up. If you do this each and every month, at the end of the year you will have met your mark.
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Precedent Setting Notary Passes
Written by William Ponsot   
The Maryland man whose quest to become a notary public turned into a Supreme Court case died on June 9, 2007, 46 years after the court validated his refusal to take a state oath requiring him to declare a belief in God. Roy Torcaso, an avowed atheist, worked for a Bethesda, Md. construction company as a bookkeeper in 1959. His boss asked him to become a notary public.Torcaso’s legal battles began when he refused to swear to a state oath before Montgomery County Circuit Court Clerk Clayton Watkins professing the existence of God. The state disqualified him and barred his notary commission. At the time, Torcaso said the issue was not whether he believed in a Supreme Being but "whether the state has a right to inquire into my beliefs." The Maryland courts upheld the state constitution on the basis that Torcaso had not been forced to become a notary public.
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Suit claims notary duping customers
Written by Hazzaa Kassis   
ARKANSAS DEMOCRAT-GAZETTE

Posted on Tuesday, August 21, 2007

The Arkansas attorney general’s office has accused a Springdale notary public of misleading Hispanic customers into thinking she is a lawyer. Deputy Attorney General Jim DePriest filed a lawsuit Friday against Victoria Nimroozi, who owns Latin Community Services and operates under the name Vicky Carreon. Nimroozi is accused of violating a part of the Consumer Protection Act requiring “notarios” to advertise in writing in Spanish and English that they aren’t licensed attorneys.

The scheme plays on the misconception that a “notario publico” is a specially trained lawyer, which is true in many Latin American countries.

The suit in Washington County Circuit Court seeks an injunction to make Nimroozi follow the disclosure law. It may seek restitution if it is learned that Nimroozi charged fees for legal advice.

She has been in business at 1221 S. Thompson St. for about two years, DePriest said.

Anyone with information can call attorney general investigator Mariel Henderson at (501 ) 683-3130.

 
UNAA Recommended Fees
Written by Linda Kassis   
So many questions about fees and so many variables involved. Do you live in a saturated area? Do you live in a rural area? How long does it take you to commute through a large city to get to a signing? If your commute through a large city to go 10 miles takes you an hour then you will want to charge according to your time not the miles. Time of day: Are you traveling in rush hour traffic such as at 5:30 when everyone is getting off work? These are all variables that have to be considered as well as the mpg your auto gets and if you have to hire a babysitter while you are away at a signing.
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Loan Officers Duty
Written by Renee A. Kovacs   
First and foremost – a loan officer holds a position that squeezes them in the middle, right from the beginning.  They function as sales representatives for the mortgage broker, banker or lender – AND they are the primary liaison directly communicating with the borrower.  Essentially they have a boss on either end, and both ends are pressuring them towards the middle.  As sales people, they are generally paid by commission (which may or may not include a draw or salary, but even when present it isn’t often much).  Their livelihood is then every bit at precarious as our own – and while those commissions might cause many of the other players to feel some envy, the VAST majority of L.O.’s are not closing as many loans as you might assume.  They are also not closing all the loans they work on – and on those, there is no commission.
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