SOURCE: National Notary Association

May 26, 2005 18:39 ET

National Notary Association Brings U.S. Officials Together to Focus on Mortgage Fraud and Identity Theft

Representatives From the FBI, Ohio Attorney General's Office and the Mortgage Bankers Association Roll Out Strategies for Fighting These Crimes

LOS ANGELES, CA -- (MARKET WIRE) -- May 26, 2005 -- The National Notary Association's (NNA) 27th Annual Conference in Las Vegas (May 30 - June 3, 2005) will examine causes of, and solutions to, two insidious and rampant crimes that affect every American community -- mortgage fraud and identity theft. Nearly 2,000 Notaries Public, state administrators and public officials plan on attending the Conference, making it the largest in the NNA's 48-year history.

During the first of three special sessions for U.S. state officials, Derek Siegle, Assistant Chief for the Federal Bureau of Investigation Financial Crimes Section, will discuss the FBI's strategies in combating mortgage fraud, how identity theft is intricately related to mortgage fraud issues, and how Notaries Public help detect and deter these crimes.

Siegle will discuss how Notaries can fight fraud by verifying a signer's identity, determining the signer's intent to sign the document and capturing an auditable record of the transaction in an official journal. A Notary's official journal can be a key piece of evidence in prosecuting mortgage fraud cases.

Second, Ohio Senior Deputy Attorney Jonathan Bowman will present Ohio's Identity Theft Verification PASSPORT program, developed by Attorney General Jim Petro in partnership with the NNA and its Enjoa® technology. Using Enjoa®, Ohio gives victims of identity theft the most comprehensive recovery tool in the nation. "By capturing a victim's biometric data and issuing them a PASSPORT card for use in proving their victim status, we are able to greatly expedite their recovery time," Petro said. "We are extremely pleased to partner with the National Notary Association on this important program."

Finally, eMortgages will be the topic during a special U.S. state official's luncheon featuring Harry Gardner, Senior Director of Industry Technology for the Mortgage Bankers Association. Gardner manages the MBA's eMortgage standards development efforts, under the auspices of MISMO -- the Mortgage Industry Standards Maintenance Organization. He will discuss the emergence of completely paperless mortgages.

The NNA, the nation's professional association for Notaries, will begin its week-long Conference by hosting a two-day International Forum. Delegates from more than 20 nations will join the Hague Conference on Private International Law (HCCH), the International Union of Latin Notaries (IULN) and the NNA in an examination of electronic notarization technology and legal issues related to e-notarization.

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