Nationwide Title Clearing, Inc. Spotlights Excellence in the Industry

Nationwide Title Clearing, Inc. is a world leader in the document sourcing and title verification industry. Established in 1991, the Palm Harbor, Florida company stands at the top of the industry as eight out of the top ten retail mortgage banking and title companies use Nationwide for their primary resources.

 

When it comes to sourcing the various documents that customers require for the fast-paced mortgage business, Nationwide has access to every county and jurisdiction in the United States and then some. Even when digital data is not available, they able to get documentation with signatures to get the job done. A large factor in all of the success that nationwide enjoys is due to the heavy investment in software and technology that provides excellent results at lightning speed.

 

When Nationwide hires employees, they look for the very best, and then they are trained extremely thoroughly. Once new employees are trained initially, and they are on the job, there are over 100 additional training modules that employees can access on their own. These extra modules help employees advance to the 50 supervisory and management positions that are available.

 

Five out of the past six years, Nationwide has been listed by an independent agency as one of the top 100 best companies to work for, according to the Tampa Bay Times. Employees tend to stay on with Nationwide, as it’s a great place to work.

 

In the mortgage business, there are two words that describe success, and those words are accuracy and fast. The pace at which the business moves is astounding, and it is surprising that as fast as things move there are not more mistakes. As an example, Nationwide has a less than 1% rejection rate when it goes after documents and a 99.8% compliance rate. This means that they are right 99% of the time which is very rare in this industry.

 

The CEO of Nationwide, John Hillman, recently spoke at an industry convention and he stated that compliance is important, and it is something that everyone is always talking about. He went on to say that until individual companies take it upon themselves to set their standards to the highest levels, and the publically measure how they compare to their objectives, compliance will not happen.

 

Nationwide continues to strive for excellence as the largest lien release company in the world as there is always another threshold in which to conquer. Nationwide has a very complete and well designed online inquiry system.

 

All of the processes are very redundant and thorough so that the exact record that is needed is found accurately. That is the only way all of this will work and continue to efficiently give the standards of results Nationwide requires.

 

How NTC Has Helped Clear Title Defects

Nationwide Title Clearing (NTC) Inc. announced that they were making property reports easily available with online ordering in an article posted on nationalmortgagenews.com on 10th June 2014. Title defects have been a significant source of concern in the real estate industry in recent times. Some people feel that it results to wrongful foreclosures and add to stagnation of smooth assets transition in the secondary market. It is for these specific reasons that NTC decided to make property reports readily available online.

 

The Executives at NTC say that property records are crucial in ensuring there is a minimal risk of foreclosing inability or buyback and a clear title conveyance. NTC launched an updated website recently to make the process of acquiring property reports easy. This ensured that property reports are accessible online. Title defects mostly take place if an entity or individual lays claims to a particular property that belongs to somebody else. Title defects may also occur due to the failure to put a relevant party’s signature to the transaction like a spouse or simple issues on wording in a document.

 

John Hillman is the CEO at NTC. He said that it is important to address title defects very early before the transfer or sale of the property so as to help the mortgage industry that is evolving. NTC has been able to make the following reports available through online ordering:

  • Tax Status (Plus) Report
  • Assignment Verification Report Services
  • Tax Status Report
  • Ownership and Encumbrance Report.

 

Hillman says that NTC is on a mission to offer an easy, quick, and step-by-step process of getting property records. He added that the property report services of NTC are based on research that has been done on actual land record. Any residential property countrywide can access them.

 

NTC is an independent leading research and service provider for document processing. It is based in Palm Harbor, Florida. The company was established in 1991 and serves the residential mortgage industry. NTC offers its services to investors, servicers, mortgage lenders, and works with eight out of the leading ten residential mortgage services in the nation. NTC has a reputation of offering accuracy of the highest level in research services and document processing of the highest quality that has been able to set the standard for the industry while helping the mortgage banking industry, protecting homeowners, and keeping the land records of the nation.