|
Please note:
|
Educadium Customer & Technical Support Manager
email: support@educadium.com
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”
From Governor Inslee – Real Estate Mortgage Guidance 
Digital IDs: Acceptable For Notarizations?
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.
HousingWire.com
- Delinquencies Post Fifth Month of Improvement
Posted To: MND NewsWireThe national delinquency rate posted its fifth consecutive decline in January, retreating to the lowest level since the start of the pandemic. CoreLogic says 5.6 percent of all … - MLO Jobs; HELOC, Renovation, Jumbo, Sales Products; New Correspondent Investor for Non-QM and QM Loans
Posted To: Pipeline PressWhy do all underwriters have soft hair? Because they over-condition! (How do your underwriters feel about bitcoin? Brokers up in Canada are now accepting eCurrency .) Underwri … - MBS Day Ahead: As Expected, Bonds Take Higher Inflation in Stride
Posted To: MBS CommentaryIt's a sign of the times that the bond market responded with a modest rally following a stronger reading on CPI and a looming record-size 30yr bond auction this afternoon … - MBS RECAP: Bonds Look Past Weaker Treasury Auction
Posted To: MBS CommentaryBonds Look Past Weaker Treasury Auction Treasury auction have been more important than normal so far in 2021 as they serve as good opportunities for traders to vote on the pac … - Fannie/Freddie Announce End Dates for QM Rules
Posted To: MND NewsWireBoth Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must conform to the agreement ma …
MortgageNewsDaily.com
- Gridiron Capital acquires Class Valuation
Private equity firm Gridiron Capital has acquired a majority stake in appraisal management company Class Valuation, a top player in the space. The post Gridiron Capital acquires Class Valuation appear … - NAR schedules proxy war with Zillow
NAR-owned lockbox company SentriLock is looking to take down Zillow-owned ShowingTime in the home-showing appointment realm. The post NAR schedules proxy war with Zillow appeared first on HousingWire. … - Fannie Mae exec Andrew Peters leaves for Lenderworks
Andrew Peters, bound for mortgage vendor Lenderworks, becomes the latest Fannie Mae exec to leave the GSE in the last six months. The post Fannie Mae exec Andrew Peters leaves for Lenderworks appeared … - Ginnie Mae loans lead drop in forbearance to 4.66%
April started off strong for servicers' forbearance portfolios as the total number of loans in forbearance fell a whopping 24 basis points, the MBA said. The post Ginnie Mae loans lead drop in fo … - Biden’s $1.5 trillion budget calls for big investment in HUD
President Biden wants to increase HUD's budget 15% to $68.7 billion. But his overall $1.5 trillion budget is unlikely to make it through Congress intact. The post Biden’s $1.5 trillion budget cal …
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 administrator@e-a-w.org or call 253-445-3576 to provide us with an alternate email.