Industry News

Congress proposes A federal remote notarization bill — what Notaries need to know! 

• SECURE Notarization Act, a bill that could have a major impact on interstate in-person electronic (IPEN) and remote online notarizations (RON) if it becomes law. 

• If the Act becomes law, Notaries in states without in-person electronic or remote online notarization laws would have blanket authorization to perform IPENs and RONs exclusively for transactions involving interstate commerce. Notaries in states that have existing IPEN and RON laws would continue to perform these notarizations under the authority of their state law. 

• Construction had a great March as it made monumental leaps over February. Meanwhile, active listings dropped as sales continued to rise. Days on market (DOM) increased for yet another month, conflating with the fact that demand is slowing though still trending upward 

• Housing demand started the year off strong with three consecutive months of seasonally adjusted sales growth. Total home sales gained 2.2 percent MOM reaching 30,610 (Table 1). Three of the four major metros have risen in monthly home sales, with Dallas being the only to have a drop, moving 97 fewer homes than the previous month. Houston was the metro with the largest monthly increase in March, reaching a 9.6 percent improvement. Austin and San Antonio lagged Houston and Dallas with sales of 2,738 and 3,103, respectively.   

• Entrepreneurship plays a vital role in the growth of the U.S. economy are the primary source of information on the nation’s labor market as it adds to the increase of the job market.

• BLS Business Employment Dynamics (BED) program provides insight on the contribution of young and small businesses to the overall number of businesses and jobs in the economy which signals a positive sign of potential growth.

Have you planned and prepared for the unexpected? 

• Do you have a Will?

• Do you have a Living or Family Trust?

• Do you know the benefits of having Whole Life Insurance?

• Speak with one of our BPO Warriors to schedule you for a 1:1 to learn more about how one of our partners can assist you with your estate planning needs!