On the recordNovember 17, 2010
I would like to just respond to my dear friend, the ranking member of the Judiciary Committee, by saying that what we are trying to do here is to prevent the possibility of sloppy, inaccurate, or fraudulent notarizations from creeping into the foreclosure process. As we all know, many of the foreclosures have now been found to be legally defective because of many things, including, possibly, improper notarizations. With millions of people losing their homes, it really would be almost negligent for us to assume that notarizations coming from another State, which might be electronic, would not be fraudulent. I think caution is the better choice for the matter that is under discussion. I reserve the balance of my time.
