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Automated Valuation Models (AVMs)
eRecording
COVID-19 Impact
Glossary of Terms
Remote Online Notarization
General RON Questions
How RON Works
How to Implement RON
ID Validation and Knowledge-based Authentication
Notary Public RON Technology
Signer(s) RON Technology Questions
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Does RON work on both MAC and PCs?
Created On
April 6, 2020
by
Omar Jordan
< Back to Knowledge Center
Yes.
Automated Valuation Models (AVMs)
What is an AVM's Forecast Standard Deviation?
What is an AVM confidence score?
What is an AVM?
What information is contained in an AVM report?
eRecording
COVID-19 Impact
COVID-19 County Recording Status
Glossary of Terms
Glossary of Terms
Remote Online Notarization
General RON Questions
What is remote online notarization (RON)?
What type of legal documents can be remotely notarized?
How many participants can be in each closing session?
Is there a special process for a notary public to be RON or eNotary certified?
Can mortgage or home equity loan transactions be executed via RON?
What if the LenderClose client needs a notary in another state?
How RON Works
How is the audio-video acknowledgement of the signer's verification collected and stored?
How is the digital certificate of the signers collected and stored?
How is the notary stamp applied to the document(s)?
Is remote online notarization the same as eNotary?
Where are recorded videos stored and for how long?
How does the borrower use remote online notary RON?
Are the signer activities tracked during the RON session? Example when the signer executes each signature on the documents?
What is included in the eNotary certification post the each RON session?
Does each signer including the notary public have their own eSignature ID?
How long are storage of data including, but not limited to, records, eJournal entries, and session notarial act recordings kept?
Are copies of the executed documents automatically emailed to all participants?
How are the executed documents accessed by the LenderClose user (not the notary)?
How are the executed documents accessed by the notary and/or the signers?
Is the entire process recorded from start to finish?
How to Implement RON
Can a financial institution use its staff members as notaries on the transaction on LenderClose?
How does a financial institution implement remote online notarization (RON)?
How long does it take to set-up remote online notarization at a financial institution?
Is the financial institution required to bring their own notary public to the electronic transaction?
Can a LenderClose client bring its’ own employees as notary publics onto the technology?
ID Validation and Knowledge-based Authentication
How is the ID Verification completed via the LenderClose RON solution?
How many KBA questions are asked? And how many does the signer have to get correctly?
How many times is each signer allowed to authenticate if the signer failed the validation and/or the authentication process?
What if the signer(s) fail all attempts to authenticate KBAs and validate ID?
What is required to pass the KBA requirements for ID Verification?
What are KBAs? And how is KBA utilized in a RON transaction?
What if the notary public knows the person signing is ID validation and KBA authentication still required?
When uploading Drivers Licenses or Government issued ID, is there a specific file type?
Are signer(s) IP addresses tracked?
Notary Public RON Technology
Does the technology maintain an eJournal for the notary? What does the eJournal contain?
What file types are accepted for documents to be notarized?
What is included in the eNotary certification post the each RON session?
Internet connection speed requirements
Any special software to install for Remote Online Notarization?
Is there a special camera or microphone required?
Does RON work on both MAC and PCs?
Is there a browser preference?
What devices does the technology work on?
How long are storage of data including, but not limited to, records, eJournal entries, and session notarial act recordings kept?
Can signers share a video camera, for example spouses or join signers?
How are the executed documents accessed by the notary and/or the signers?
Does the technology allow for text field inputs and check boxes where needed on the documents during the session?
What if a document was missed or a misspelled was discovered and an edit is required amid the RON session?
How are the digital certificates issued and who is it issued by?
What is an X.509 Digital Certificate?
What is a Digital Certificate / Digital Signature
What is the process for removing notaries from the LenderClose system when a notary commission has expired?
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Signer(s) RON Technology Questions
Can participants share one device for webcam?
What internet browser(s) work with remote online notarization?
Using and iPhone and unable to upload an image or photo.
Internet connection speed requirements
Any special software to install for Remote Online Notarization?
Is there a special camera or microphone required?
Does RON work on both MAC and PCs?
Is there a browser preference?
What devices does the technology work on?
Can signers share a video camera, for example spouses or join signers?
How are the executed documents accessed by the notary and/or the signers?
