ALTA’s Latest Update on RON Guidelines
Melissa Jay Murphy talks with with Steve Gottheim, Deputy General Counsel at the American Land Title Association, on the new FNMA and Freddie Mac guidelines on remote online notarization of loan documents and the use of limited powers of attorney.
Length: 29:59
Published: 04/16/2020
Listen In: iTunes or Google Play Music
Melissa Jay Murphy talks with with Steve Gottheim, Deputy General Counsel at the American Land Title Association, on the new FNMA and Freddie Mac guidelines on remote online notarization of loan documents and the use of limited powers of attorney.
Links to various guidelines from FNMA and FreddieMac:
Link to next week's ALTA webinar with guests from Freddie and FNMA. https://www.alta.org/news/news.cfm?20200414-Register-for-Webinar-to-Learn-About-GSEs-New-Closing-Guidance
Florida does not have a list of "approved" RON Service Providers. The companies that we hear about most frequently are Pavaso, NotaryCam, DocVerify and Notarize. They are all slammed right now and it is hard to get through to them. You have to be persistent!
Attached is a map of states that have passed RON legislation as of March 26, 2020 (this does not include any Executive Orders entered during the pandemic). http://www.thefund.com/information-center/pdf/digital-closings/ron-states-3-26-30-for-popup-responses.docx