Okay - here I go again! Thus some background to be fair - having a DoD Security Training Certificate and having had worked in the contractor defense security industry realm… I have issues with “remote notarizations” and the liability it places on the notary public responsibility.
Thus, I this discussion is open to opinions and discussion:
“eNotarization” is where the Notary Public goes to the borrowers “home” with a tablet, laptop, etc. and generates a journal entry - whether electronic and/or paper - and the borrower signs on the Notary Public computer, and the stored “notary certificate” is signed and sealed electronically. However, the Notary Public is present with the borrowers, able to actually authenticate the identifications and insure the person is who they say the are. The Notary has control as he/she must login to a secure site to obtain the documents.
“Remote Notarization” is where you have a camera on your computer, etc., and you are viewing the borrowers remotely through a webcam. Therefore, you are verifying their identity via camera - and viewing their identification remotely (not actually touch-and-feel to insure it is not fake. (Which currently in many states - remote notarization is unlawful.)
Other considerations as to the future of signing agents:
If this becomes the norm - then title companies will no longer need our services, as they can do the closing in their offices through remote notarization.
Also, currently as Notaries - we are the first line of defense for “fraud” - and we are held to that responsibility. Viewing an identification through a webcam - how authenticate is that.
I could go on and on - but I would enjoy some feed back and commentaries.