Contact your Senators folks ASAP!.... They have been busy bees during the congressional hearings for the banks today. Now they want to over ride Obama's Veto on HR-3808. One of the rare opportunities he took upon himself to do some actual good and not side with the banks...
Essentially this allows all the Robo-Signing Crap to continue and be legal! This is utterly stupid to over ride this vote.
Here is a link from Market Ticker....
[link to market-ticker.org
Now the banks are at it again, and they will once again abuse the law.
Once this law is passed they will find some state that needs jobs, and bribe the legislature to enact ridiculously loose notary laws, such that a notary signature will become effectively meaningless.
This law will force every other State in the Union to accept that signature even though it signifies nothing.
Notarization is an extremely important legal protection. It provides verification that the person who is alleged to have signed a document in "wet ink" actually did so, and actually made a personal appearance in front of the Notary.
Further, land titles and land transactions, along with the private property rights that vest thereupon, are inherently a state function, and their protection and verification is also a state function.
We must not allow "foreclosure mills" - or any other scheme - to destroy these protections. HR 3808, while appearing to be innocent and intended to promote commerce, will instead promote and elevate fraud through our financial and land title system.