President Obama: For The People

[Jermyn Davidson]

President Obama refuses to sign into law a bill that would make it more difficult for homeonwners to challenge unjustified foreclosure actions.

http://news.yahoo.com/s/nm/20101007/...ing_whitehouse


I would hope that if McCain had been elected, he would respond this way too.

Government is (should be) for the people, by the people.

His refusal to sign this legislation is an example where the President is showing he has the best interests of the people in mind.

Now imagine if business acted with their "customers" best interests in mind.

[coadie]

You have no idea what this bill is about.

http://www.govtrack.us/congress/bill...bill=h111-3808

You are sermonizing and haven't read the bill.

[Jermyn Davidson]

Sure, I have no idea what the bill is about.

Ok.

[coadie]

Originally Posted by Jermyn Davidson

Sure, I have no idea what the bill is about.

Ok.

It is very short. The bill tries to negate contractural documents that have a notary stamp from a state different than the one the foreclosure is in.

If you liberals think that will stop foreclosures, you are dreaming.

[Praxeas]

Originally Posted by Jermyn Davidson

President Obama refuses to sign into law a bill that would make it more difficult for homeonwners to challenge unjustified foreclosure actions.

http://news.yahoo.com/s/nm/20101007/...ing_whitehouse


I would hope that if McCain had been elected, he would respond this way too.

Government is (should be) for the people, by the people.

His refusal to sign this legislation is an example where the President is showing he has the best interests of the people in mind.

Now imagine if business acted with their "customers" best interests in mind.

Just curious, since you read this and are being the Apologist for Obama and the Democratic party, explain how this bill makes it more difficult to challenge unjustified foreclosure auctions and please specify the part of the bill that addresses unjustified foreclosure auctions

[Jermyn Davidson]

Originally Posted by Praxeas

Just curious, since you read this and are being the Apologist for Obama and the Democratic party, explain how this bill makes it more difficult to challenge unjustified foreclosure auctions and please specify the part of the bill that addresses unjustified foreclosure auctions

The article states that this bill, the Interstate Recognition of Notarizations Act, would protect banks and mortgage processors from liability for improperly prepared foreclosure documents.

It doesn't seem major at first, but what the President did by refusing to sign this bill helps the homeowner.

Apparently, many of the notarizations on the foreclosure papers of many homes were printed en masse, by computer, in an effort to "expedite" the foreclosure process.


One of the main roles of a notary is to personally review the documents being notarized. This has not been happening.

Further, the requirements for notarization may differ from state to state. The President's refusal to sign this bill forces banks and businesses to "do right" by their customers, according to the laws and regulations of each of their customers' individual home states.


This is a victory for Joe Average, whose home may be in foreclosure. It keeps the banks from simply running roughshod over customers who have fallen behind on their mortgages.


At a time where banks and mortgage lenders are being investigated for fraud and other possible crimes against their own customers, the President stopped a bill that could have protected the banks and mortgage lenders who may have carried out foreclosures on Americans all across the country in an "one-size-fits-all" manner, without regard to the rights and protections granted to the homeowner by their individual states.


This is a small victory for "States' Rights" and a huge victory for the individual American.





GOD BLESS THE USA!

GOD BLESS THE PRESIDENT!

[coadie]

Originally Posted by Jermyn Davidson

The article states that this bill, the Interstate Recognition of Notarizations Act, would protect banks and mortgage processors from liability for improperly prepared foreclosure documents.

It doesn't seem major at first, but what the President did by refusing to sign this bill helps the homeowner.

Apparently, many of the notarizations on the foreclosure papers of many homes were printed en masse, by computer, in an effort to "expedite" the foreclosure process.


One of the main roles of a notary is to personally review the documents being notarized. This has not been happening.

Further, the requirements for notarization may differ from state to state. The President's refusal to sign this bill forces banks and businesses to "do right" by their customers, according to the laws and regulations of each of their customers' individual home states.


This is a victory for Joe Average, whose home may be in foreclosure. It keeps the banks from simply running roughshod over customers who have fallen behind on their mortgages.


At a time where banks and mortgage lenders are being investigated for fraud and other possible crimes against their own customers, the President stopped a bill that could have protected the banks and mortgage lenders who may have carried out foreclosures on Americans all across the country in an "one-size-fits-all" manner, without regard to the rights and protections granted to the homeowner by their individual states.


This is a small victory for "States' Rights" and a huge victory for the individual American.





GOD BLESS THE USA!

GOD BLESS THE PRESIDENT!

A notary public has the job of being a formal witness to signatures of legal documents and must be able to identify the people signing a contract. A notary public is an official of the state and must remain unbiased. Notaries work hand-in-hand with the legal profession and in any fields where contract law is important such as real estate, titling and insurance processing.

I have been a notary, had employees be notaries and realize all they do is witness signatures.

This means a notarized signature on a car title and the signature is worthless if the title goes to another state. Apparently JD doen't understand the bill or he function of notaries.

Notaries don't review documents. They witness signatures.

[Jermyn Davidson]

Originally Posted by coadie

A notary public has the job of being a formal witness to signatures of legal documents and must be able to identify the people signing a contract. A notary public is an official of the state and must remain unbiased. Notaries work hand-in-hand with the legal profession and in any fields where contract law is important such as real estate, titling and insurance processing.

I have been a notary, had employees be notaries and realize all they do is witness signatures.

This means a notarized signature on a car title and the signature is worthless if the title goes to another state. Apparently JD doen't understand the bill or he function of notaries.

Notaries don't review documents. They witness signatures.

Ok.

I was off a bit.

Besides, every time I've ever had anything notarized, the Notary has reviewed the documents. It would be in the Notary's best interest to do so.

The fact still remains that a computer can't perform the function of a notary.


The President's refusal to sign this bill into law protects Americans.

[Light]

Originally Posted by Jermyn Davidson

Ok.

I was off a bit.

Besides, every time I've ever had anything notarized, the Notary has reviewed the documents. It would be in the Notary's best interest to do so.

The fact still remains that a computer can't perform the function of a notary.


The President's refusal to sign this bill into law protects Americans.

J don't argue with coadie, if you listen to him there isn't a subject that he hasn't mastered, or a job he hasn't had. He is the supreme master of knowledge on every subject, he thinks!!!

[coadie]

Originally Posted by Jermyn Davidson

Ok.

I was off a bit.

Besides, every time I've ever had anything notarized, the Notary has reviewed the documents. It would be in the Notary's best interest to do so.
The fact still remains that a computer can't perform the function of a notary.


The President's refusal to sign this bill into law protects Americans.

You made up the part about the notaries best interest in reviewing documents. That implies they can render an opinion.

They only review and observe the ID of the person signing thedocument.
The goal is to reduce forged signatures.