MBANow: MBA's William Kooper on a Unified Legislative Approach to Online Notarization
The Mortgage Bankers Association released a new video featuring MBA Vice President of State Government Affairs and Industry Relations William Kooper, who discusses an MBA-sponsored Remote Online Notarization model legislation for states.
The video can be viewed at https://www.youtube.com/watch?v=RMlv--46odU&feature=em-uploademail. Kooper noted in 2017, Montana and Virginia and Texas took very different approaches to permitting online remote notarization. Interest from other states escalated "quickly," he said, and the resulting legal uncertainty. The Texas bill passed with strong input from the Texas Mortgage Bankers Association, giving remote online notarization the same legal footing as in-person or traditional notarizations. Read More Here.