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The Company requires that document execution take place in the presence of employees, agents and licensed attorneys or through BancServ.
Exempted Transactions:
- Documents executed in accordance with existing guidelines for foreign individuals and entities and military personnel.
- Documents executed directly with the insured lender (not the mortgage broker).
- Documents provided by independent escrows or closing services approved by the Regional Manager or their designee.
- Documents executed for commercial transactions in an amount of three million or greater ($3,000,000).
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