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The government shut down earlier this month has had rippling effects in the housing industry. As with many other businesses and industries, this has also negatively impacted Roman Endeavors Inc.
We are hoping that the recent renewal of the Home Affordable Refinance Program (extended until 2015) will give us the much needed boost to see our business get back on track.
In the meantime, we are continuing to offer our training services for Notaries who need education regarding their roles and responsibilities as a Notary Public for the State of Illinois, and for those who supervise Notaries. Supervisors should be informed of the ways they can assist in troubleshooting common issues faced by Notaries, and ways to support Notary staff to ensure compliance with state laws, notary rules and best practices. To schedule a training, visit www.illinoisnotarytraining.com today.
As we welcome in the new year, this would be a perfect time to refresh your notary staff's skills by taking our Notary Public Refresher Training course.
With our unique ON-SITE training services, we travel to YOUR location to train your notary staff. The refresher course takes up to 2 hours, includes an exam to test for skill proficiency, contains updates on the new laws and identification requirements as dictated by the June, 2009 Vancura vs Katris ruling, and fulfills the employer's requirement to re-train their staff.
Call our offices today to schedule your notary training session, 773-540-0075. Discounts are available for businesses that need 10 or more notaries trained. Visit www.notarychicago.com for more information.
Roman Endeavors, Inc. is happy to announce expansion into two more Illinois counties: Kankakee and LaSalle.
Effective November 1, 2009, our notaries will now serve Kankakee and LaSalle counties. As consumers move further away from major cities, trained mobile Illinois notaries are far and few between these two counties, especially for Spanish-speaking consumers. Roman Endeavors, Inc is happy to accommodate both Kankakee and LaSalle, as we are only a phone call away!
To schedule your appointment today, call 773-540-0075.
A Notary Public - our country's frontline defense to prevent fraud and forgery...
The Administrator of Oaths; The Authenticator of Documents; The Official Unbiased Witness; The Safeguarder of Identity; all "roles" entrusted by the general population to an official Notary Public. Yet what happens when those trusts are betrayed? Let's face facts: not all people are ethical or moral: notaries are not immune.
Illinois has been hard-hit with mortgage fraud. Last year, federal authorities charged 67 people in a dozen new mortgage fraud cases uncovered in Chicago as part of a nationwide investigation. The defendents received more than $170 million in fraudulent mortgages. For the full story, visit http://cbs2chicago.com/local/operation.malicious.mortgage.2.752302.html. This is one of hundreds of instances of mortgage fraud. According to the FBI, Illinois has been designated as one of the "TOP TEN HOT SPOTS" in the country. To find out if your state is one of the hot spots, visit http://www.fbi.gov/publications/financial/fcs_report052005/fcs_report052005.htm#d1
The recent Illinois Appellate Court Ruling of Vancura v. Katris shows another aspect of mortgage fraud that doesn't necessarily denote a betrayal of trust insomuch as improper training. In the ruling, the employer of the Notary was held directly liable for damages resulting from its Notary employee's notarization of a document.
The notary involved in the case was improperly trained by a supervisor who was unqualified and unfamiliar with notary laws and practices. Significantly, the Court determined that an inadequately trained or unsupervised Notary employee posed danger or risk of harm from which employers have the responsibility to protect third parties.
The untrained notary now becomes a liability to their employer. The recent ruling, which became effective June 1, 2009, requires ALL Illinois employers of Notaries Public to have their notaries trained. Is your Notary Public a liability or an asset?
In an effort to ensure standard practices and uniform conduct for Illinois Notaries Public, Roman Endeavors, Inc. has been providing professional, affordable notary training sessions since 2003. Get in compliance today! Call 773-540-0075 or visit www.notarychicago.com for more information.
The recent Vancura v Katris ruling of the Illinois Appellate Court finds that deficient or non-existent training and supervision in notarial procedures provided by an employer will not excuse either the employer nor the Notary who commits errors or fraud. Employers who hire notaries will be required to re-train their notaries on staff by June 1, 2009 and this will remain in effect until 2013 (http://www.state.il.us/court/Opinions/AppellateCourt/2008/1stDistrict/December/1062750.pdf).
In the ruling, the employer of the Notary was held directly liable for damages resulting from its Notary employee's notarization of a document. Significantly, the Court determined that an inadequately trained or unsupervised Notary employee posed danger or risk of harm from which employers have the responsibility to protect third parties.
Key Rulings Include:
As the owner of a mobile notary and loan signing agent training business in Illinois, we have offered notary refresher courses and related trainings since 2003. On-site training is available to employers who require several of their staff notaries to be trained. Make sure you and you're company are in compliance by June 1, 2009. More information on notary training services can be found at http://www.notarychicago.com.
Right now, key employers who have notaries on staff include banks, title companies, currency exchanges, law offices, and medical facilities - these locations have a little over a month to comply with the new law.
The training seminar will review the mortgage loan process, document signing procedures, lender and borrower expectations, and how the notary fits into the loan process. Participants of this course will be presented with job opportunities and provided with resources and references to assist in managing their (newfound) career.
The all day seminar begins at 9am with a networking continental breakfast followed by the program schedule, which includes an interactive lecture, a mock loan closing and comprehensive seminar materials. The training will conclude with a Q&A session.
To register, visit http://romanendeavors2008julynotarytraining.eventbrite.com/
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