In Case You Missed This!
Washington Administrative Code WAC 308-30 “Remote Notary Acts…”
SUMMARY OF DEPARTMENT OF LICENSING
EMERGENCY RULE ON
REMOTE NOTARY ACTS & ENDORSEMENT TO NOTARY PUBLIC LICENSE
(Amending Chapter 308-30 WAC | Effective March 26, 2020)
Background to Emergency Rulemaking
Governor Inslee has issued a State of Emergency Proclamation (20-27) in relation to suspending the delay effective date (October 1, 2020) of RCW 42.45.280, which was added to the Revised Uniform Law on Notarial Acts (“RULONA”) [SB 5641, 2019 c 154 s 1], a law administered by the Department of Licensing. By operation of law, the Governor’s Proclamation made RCW 42.45.280 with respect to “remote notarial acts” by electronic means effective immediately, subject to required rulemaking. Although the Proclamation is itself effective for only 30 days from March 27, 2020 until midnight April 26, 2020), it may be extended by a written agreement of the Legislature’s Leadership until such as the Legislature convenes and makes a further extension by concurrent resolution. Note again that without a state of emergency proclamation in effect, RCW 42.45.280 will be in effect anyway as of October 1, 2020.
Pursuant to its authority under of the Governor’s Proclamation, the Department of Licensing issued emergency rules effective as of March 27, 2020, authorizing remote notarial acts using electronic means. See attached Emergency Rulemaking (OTS 2172.1 and Washington State Register No. 20-08-071)….
Full Text to:
- Summary to Department of Licensing Emergency Rulemaking on Remote Notarial Acts.
- Rule Making Code – Emergency Rule Order
- Actual Code (Certified by the Code Revisor) Note: 8 pages of revisions and new sections included on page 5.“WAC 308-30-290 Authorized remote notarial acts”
Colorado has become the latest state to authorize the use of digital driver’s licenses and identity cards. But Notaries in the other 49 states and the District of Columbia may encounter signers from the Centennial State who present an ID on their cell phones rather than a physical ID. If this happens, is it acceptable as proper identification for a notarization? (Click Here for the Full Article)
Proposed LPO Fee Increase? Unreasonable…
Your Escrow Association of Washington wrote in support of LPO Board Chairwoman, Shelley Miner’s position opposing the Washington State Bar Association’s recommendation that the fee be raised more than 400%. Calling the new proposed fee of $453, “unreasonable and financially unnecessary,” and acknowledging that the fees had not been adjusted for a number of years, Chairwoman Miner’s letter to the WSBA instead endorsed the Bar’s own Budget and Audit Committee recommendation that the fee increase to $200. Click here to read the LPB’s entire letter in opposition.
- MBS RECAP: That Escalated Quickly, But MBS Recovered Fairly Nicely
Posted To: MBS CommentaryThat Escalated Quickly, But MBS Recovered Fairly Nicely After weeks and weeks (6, to be specific) of extraordinarily calm and narrow trading ranges in ultra-low-yield territor …
- CFPB Warns Servicers and Lenders to Adhere to CARES Act
Posted To: MND NewsWireA joint release from the Consumer Financial Protection Bureau (CFPB) and the Conference of State Bank Supervisors cautions mortgage servicers about their obligations in complyin …
- Are All-Time Low Rates Behind Us Now?
Posted To: Mortgage Rate WatchThings are quickly getting interesting for mortgage rates , and by 'interesting,' I mean potentially alarming. Everything's relative though, so it should b …
- Forbearance Numbers Appear to Shrink, but There's a Catch
Posted To: MND NewsWireThe number of mortgages in forbearance plans declined this past week for the first time since the CARES Act to address the COVID-19 pandemic was enacted. Black Knight said its s …
- AE Jobs; Broker, DPA, LOS, Products; FHA COVID Forbearance Guidance; Payrolls Push Rates Higher!
Posted To: Pipeline PressChange is certainly constant. “And just like that, every reporter has gone from infectious disease expert to civil rights attorney.” In our biz, if you didn’t make money in th …
- Here’s evidence of V-shaped recovery
This week, the “V-shaped” recovery in purchase applications is mimicked by the inverted “V-shaped” recovery of the St. Louis Stress Index. According to HousingWire Columnist Logan Mohtashami, this sig …
- Eric Simon, the Broke Agent, to speak at engage.marketing
HousingWire is excited to have Eric Simon, better known by his social media handle The Broke Agent, join us as our featured guest for HousingWire’s virtual happy hour after we wrap up day one of the e …
- People movers: Realtor.com, ServiceLink and WFG Lender Services
People Movers provides updates about the business professionals making waves in real estate and mortgage. Here’s the latest. The post People movers: Realtor.com, ServiceLink and WFG Lender Services ap …
- Mortgage forbearances fall for the first time
The number of loans in forbearance declined this week for the first time since the start of the COVID-19 pandemic, Black Knight said in a report on Friday. The post Mortgage forbearances fall for the …
- Putting words into action: California brokerage cuts ties with Facebook over values
Ashby & Graff Real Estate pressed pause on its five-figure Facebook ad budget in January 2019, due to events that don't align with the company's values. The post Putting words into actio …
Not receiving the weekly “In Case You Missed This!” communication? If you are using your work email to receive correspondence from us, it is likely that your company’s security settings are rejecting incoming emails. Please contact us at email@example.com or call 253-445-3576 to provide us with an alternate email.