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Wednesday, March 07, 2012


Notary News
Maine Online Search ToolPDFPrintE-mail
Written by Linda Admin   
Saturday, 25 August 2007 11:43
Maine Secretary of State Matthew Dunlap today announced a further expansion of online services available through the Secretary of State Web site. "Now when someone needs the services of a notary public or a dedimus justice, they can find one quickly and easily by heading to the Web," said Dunlap. Notary public is an ancient office with many citations throughout Maine statute. The primary duty is to formally witness transactions involving paper documents. Maine notaries can also officiate at weddings. Dedimus justices perform a single function under Maine statute: that of swearing in various public officials, including notaries public.
Homeowner Files Loan Fraud SuitPDFPrintE-mail
Written by Linda Admin   
Saturday, 25 August 2007 11:39
Puzzled by the bloated mortgage statement that landed in her Madison Court mailbox this spring, the Gilroy woman stopped into a bank, where a loan officer explained she'd refinanced her home. The problem is, Velazquez claims she never did.  Wednesday, the Gilroy woman filed suit against her broker, E. Anthony Alfaro, and his then-employer, JD Financial Mortgage Inc., claiming Alfaro forged her signature to refinance her home, pocketed the fees, and bilked her of $26,000 deposited by her lender in her account after the refinancing, convincing her to reimburse him for the "accidentally" deposited funds.
Last Updated on Thursday, 30 August 2007 19:18
Misuse Of Authority ChargesPDFPrintE-mail
Written by Linda Admin   
Saturday, 25 August 2007 11:34
Former Legislator Pleads Not Guilty To Misuse Of Authority Charges
By News 8 WMTW
POSTED: 3:54 pm EDT August 21, 2007
UPDATED: 5:09 am EDT August 22, 2007
LEWISTON, Maine -- A Lewiston city councilor has entered pleas of not guilty on charges of misusing his authority as a notary public.
The Maine Attorney General's Office said that Stavros Mendros, a former state legislator, signed off on petitions circulated in 2005 seeking a statewide referendum on a planned casino in Washington County without personally witnessing the circulator's signature.
A clerk at Lewiston District Court said Mendros' lawyer entered the pleas on his behalf on Tuesday.
State law requires that a notary public witness the signature of the person who circulates a petition for a statewide referendum.
Last Updated on Monday, 24 December 2007 09:52
Convicted con artist tells how he could steal your homePDFPrintE-mail
Written by Linda Admin   
Saturday, 25 August 2007 11:29
A one-time millionaire with a house on a golf course, Barber was sentenced in October to 12 years in prison for masterminding the largest mortgage fraud ever prosecuted in Missouri, and most other states too, the FBI says. He pleaded guilty to a five-year scam that involved nearly 300 properties in Kansas City, Mo., and victimized more than 80 people. Nationally, mortgage fraud has spread in the past few years, with losses totaling around $1 billion last year, the FBI says. The real estate boom, along with looser lending standards, built an ideal breeding ground for smooth-talking con artists like Barber. Those hurt by fraud are not only lenders, but also the thousands of other homeowners who pay higher interest rates as a result, and the neighborhoods where foreclosures depress property values, invite crime and drain city resources.
Title Insurance Industry OverhaulPDFPrintE-mail
Written by Linda Admin   
Saturday, 07 July 2007 12:03
Recently, Forbes Magazine ran an article which could only be taken as a negative indictment of the title industry. Referring at different times to research, interviews and the findings of an 18-month investigation conducted by the state of Washington’s insurance commissioner, the article’s author, Scott Woolley, contends that the title industry has enriched itself for decades and “bilked home buyers out of billions of dollars.” Additionally, Woolley asserts that automated land records will eliminate the need for title insurance and the title profession. (If you haven’t read “Inside America’s Richest Insurance Racket,” do so before reading any further. The article itself is followed by several pages of spirited, sometimes heated, comments, including a rebuttal by the American Land Title Association.) Read More............

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