"Whoever, prepared the mortgage or closed the loan, should have done a title search and noticed that title was not vested in Andy Smith, but rather Ray A. Smith.  The mortgage should have been executed by Ray A. Smith, or at least should have contained an AKA to ensure that it was indexed in the chain of title."

No Esq. after my name and Told to follow the notary instructions ... borrower must sign name exactly as typed. Borrower wants money now; I want to get paid; we do what we're told - knowing it's "wrong".  He who has the gold rules, but not always wisely.

I see this one quite often, only because the title binder is included in the package to be fowarded to the title company.  Document names are EXACTLY as a data entry clerk put them in the system - Andy Smith.  Every document printed has the names perfectly alike, Andy Smith - pass quality control.  The Signature Name Affidavit may, or may not, include Ray A. Smith.  My guess (not blame): The person who entered the loan application data does so based on information from loan originator or mortgage broker or some paperwork (not the deed); not that person's "job" to review title report.  The person "printing" the loan documents may, or usually doesn't, update information; not that person's "job" to review title report.  The "closer" who sends the documents out checks that the names are printed the same as in the system; if lucky, that person reviews the title report  ... hmmm...  wonder if that's how Ray A. Smith got added to the Signature Name Affidavit.

When signing the loan documents, Ray Smith comments that everything has "Andy" on it.  Without an Esq. who has a title report in hand sitting at the table, 99% reponse to "if there is a question, call the number..." is voice mail (no answer) or "he must sign exactly as his name is typed  ... re-draw fee of $$$$ .... the loan won't fund."  Andy Ray doesn't want to do this again and just wants to "Get 'R Done", not more fees and delays; he signs.  Customer tried, I tried.  When the person holding the gold tells you that the loan won't fund and you won't get paid unless documents are signed exactly as name is printed, we follow ORDERS. 

I had one that I went out THREE times (and got paid).  Borrowers were very angry (to put it mildly), FIRST TWO times their names were wrong!  Clearly, wrong.  They had sent documentation with correct names.  #1 Loan package goes back with copy of drivers license and certified copy of COURT Change of Name from FIVE years ago.  As a notary, I can only ID with current identification, which I did - lots of phone calls got angry response from "lender" as above.  Signed all "wrong" (with unique notarial certificate) because were told would lose rate, would have to pay MORE for re-draw fee (even though not their mistake), etc.  #2 Loan package comes - one out of two names corrected! #2 goes back with Court Change of Name (again) and a copy of recorded Deed. I saw the title report - WRONG names; my opinion was a penny saved by not using a Professional title searcher at the Town Land Records (Town Clerk's opinion, too, as she sees "this lazy stupidity of using the on-line index and never coming in to look at the documents" all the time when a recorder comes in and "looks" at the deed).  Names taken from the index, not the documents.  When you looked at the Recorded Documents, you could easily see the correct names. As everyone on this board knows, the "indexing system" is not exactly the same as the actual document.