The U.S. House of Representatives passed a bill in late July creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations (RON). Title industry experts say it would be a game-changer for the mortgage space, but they expect some resistance.

“Actually, I feel remote online notarizations could streamline the process for larger entities, hedge funds and investor builders,” said Rachel Luna, agency development manager at Patriot Title Co. “I still feel that there’s going to be a lot of pushbacks from the lenders on allowing us to do those virtual notaries because they details ⇒

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