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We are officially living in a digital age thanks to COVID -19. The coronavirus has shown us that much of what we do can be done online. In many cases, a digital solution is the most cost-effective and convenient remedy for everyone involved. The digital advantage applies to document notarization as well. Digital signing and remote online notarization offer more flexibility than traditional signings. Digital transactions can make important and sometimes complicated events like buying or selling a home easier. At the same time, these “virtual” transactions require a greater degree of security than in-person transactions. If you’re a real estate agent, a loan officer or a title company executive, a national signing service can make your job easier. Here are the top four reasons your business should be outsourcing your signatures:  An established national signing service will have thousands of vetted and highly rated signing agents. These agents are

Local Business Owner David Ricci Named to NSBA Leadership Council Irving, Texas– David Ricci of BNN Services, was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization and operates on a staunchly nonpartisan basis. Ricci, a recognized leader in the small-business community, joins the NSBA Leadership Council alongside other small-business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C.   “As a small-business owner, I see daily the importance of being involved and active when it comes to laws and regulation,” stated Ricci. “Joining NSBA’s Leadership Council will enable me to take our collective small-business message to the people that need to hear it most: Congress.” Mr. Ricci is the Chief Operating Officer of BNN Services which provides nationwide document signing and mobile notary solutions. Established in 2008 and based

When it comes to mortgage lending and consumer satisfaction, the lenders that receive the most satisfactory ratings are those whose services are efficient and accurate. They are the companies that have embraced streamlined processes, reduced redundancies, and eliminated chances of error. Because of technological advances, these companies have partnered with tech driven signing services, title companies, and other vendors to streamline closings. Now, new solutions to automate loan approvals, underwriting, marketing, will help them increase CFPB compliance even further. Borrower Fraud Protection Mortgage borrower fraud is a common problem for lenders and is one that reportedly costs them $2.6 billion per year. Approximately 20% of scammers execute this kind of fraud by supplying misinformation about their income and assets, frequently by providing falsified bank statements showing their income. Using paper bank statements as verification for a potential borrower’s financial situation is often a time-consuming process. It can take days, even

The good news is that e-signatures are legally binding. In fact, they are just as binding on a contract or other type of document as a handwritten signature; however, they must adhere to certain guidelines. Let’s delve more into what an e-signature is and why it’s legal. What is an e-signature and what makes it legal? An e-signature or electronic signature is data – a symbol, sound or something else – in electronic form that is used by a signatory (signer) to represent his or her signature. Different countries have standards for e-signatures which users must adhere to for the signatures to be valid and legally binding. In the U.S., e-signatures are both legalized and regulated under two separate laws, the United States Electronic Signatures in Global and National Commerce (ESIGN) Act which passed in 2000 and the Uniform Electronic Transactions Act (UETA) which makes e-signatures uniform and valid across

Everyone is excited about Remote Online Notarization. Did you know there are other types of digital notarizations? All of these offer tremendous value to the signer. While the opportunity to perform these transactions is still limited — even for the most forward-thinking and prepared notary —. If you’re ready to become an online notary, we suggest learning about these two forms of signings: Hybrid and IPEN. Here’s what you need to know. Remote Online Notarization In a RON transaction, the signer appears before the notary via audio/visual technology instead of being physically present with you in the same room. The documents are electronic. The signer and notary sign digitally, and the notary affixes a digital seal. Each state has different technology requirements, and some states, like Florida, Nevada and Ohio, also have additional training requirements before you can perform remote notarizations. To find out what your state requires, visit your

A traditional notarization entails the physical presence of the signer(s) and the notary and paper documents with “wet” signatures and an ink impression of the notary’s seal or stamp. A lot has changed. Remote Online Notarization (RON) is big news in the title industry, and rightly so. But it’s just one way that a digital notary service like BNNServices can close loans. There’s a lot of confusion in the industry right now, and this blog will bring some much-needed clarity. Digitizing the Notarial Act The notarial act can be performed in three different ways: RON, Hybrid and IPEN. Each involves different technology and has different requirements. Wherever your organization and your clients are at, BNNServices has you covered. We are integrated with RON platforms and can help your clients close transactions online. Contact us and we can work together to determine which of the three solutions below is best for