A Look at Nationwide Title Clearing

Nationwide Title Clearing, Inc. is a company in the residential real estate industry which provides research, audit, and document processing to lenders, investors, and servicers. Their database contains information on every residential property in the United States including address, owners, title reports, and other documents needed for ownership and lending purposes. Nationwide Title Clearing, founded in 1991, is located in Palm Harbor, Florida. The company also has offices in other states including Dallas, Texas, where it maintains another mainframe computer with all the same property records as in Palm Harbor in case of a disaster. Nationwide Title Clearing has employees in 5 state and employs over 570 people.

 

In 2011 Nationwide Title Clearing started to completely revamp their workforce training process in order to meet the demands of the current market. The process culminated in 2015 with processes that adhere to all of the latest standards and regulations of the mortgage industry. In just 2014 their employees completed 2,300 industry-related courses. The Chief Executive Officer of the company, John Hillman, has said that there has been a notable increase in quality since the new training processes began. He went on to say that due to these changes homeowners are protected due to his company’s extremely low error rate when processing documents such as titles.

 

Nationwide Title Clearing has employees attend MBA Home Building & Remodeling Shows around the country. At a recent show in November 2016 they held a contest the winner of which would receive a free vacation to Clearwater Beach, Florida. The vacation package included a two night stay at a four-star resort as well as two round-trip tickets. The winner of the contest, Stephen Crowley was overjoyed with the trip and couldn’t wait to go along with his wife.

 

The leadership at Nationwide Title Clearing believes in giving back to the local community. As part of that they recently held a Back to School Drive in order to support disadvantaged students in the Tampa Bay area. In addition to collecting school supplies, they also sponsored two teachers and provided them with everything they would need to teach for the academic year. John Hillman, in talking about the importance of giving back, said that corporate social responsibility became an integral part of the company in 2011. He said that many of the employees at the company started there due to his company’s dedication to supporting the community and the values that they share.

 

For updates, follow Nationwide Title Clearing on Twitter.

 

How Nationwide Title Clearing is Giving Back to the Mortgage Industry How Nationwide Title Clearing is Giving Back to the Mortgage Industry

Nationwide Title Clearing is one of the leading post-closing services providers, investors, and financial institutions. The firm is based in Palm Harbor, Florida. Some of the services that they provide include lien releasing, document searching, and tracking. Errors in titles have led to many foreclosures and are considered to be one of the main reasons why the mortgage industry has not grown to its full potential. Many factors could cause a title to be rendered invalid. Some include failure to remove all encumbrances, failure to include necessary signatories, and using wording that is not compliant with real estate standards in the area.

 

NTC realized that this was a major issue affecting the industry and that is why they made property reports accessible through online ordering. People can now access the various property reports online including the Tax Status Report, the Current Owner Report, and the Assignment Verification Report Services. John Hillman is the CEO of NTC. He said that the goal of the company was making sure that securing property reports is a fast and simple process. He stated that the services are accessible for all residential properties in the country and are compiled from actual land records. NTC has integrated technology into its data collection process which has allowed them to work with the top mortgage lenders because the regulations are heavily audited. Another reason for their success is their understanding of the needs of the user which allows them to tailor property reports with the appropriate data sets.

 

Nationwide Title Clearing opened a new branch in Dallas, Texas in early 2016. The new office houses a data center and will also accommodate up to 150 staff. The data center will serve as a disaster recovery site for staff and data in case of any incident. This is to allow them to provide the best services for their clients at all times. NTC has won many awards for their philanthropy and community involvement in Florida. NTC announced an innovative training program on the foundations of residential mortgage finance in September last year. The program runs for two days and seeks to improve the standards of the industry by training more people on the basics. The program was in development for a long time because they wanted to make sure that it was detailed and accurate. This is according to a statement released by the company.