Nationwide Title Clearing, Inc., attended and sponsored the Annual Conference for the National Association of Land Title Examiners and Abstractors (NALTEA), held in Clearwater Beach, Florida, to connect with industry leaders and share best practices and ideas.
(PRESS RELEASE Palm Harbor, FL October 30, 2012) – Nationwide Title Clearing, Inc. (NTC), a leading service provider to the mortgage and financial industry, sponsored the National Association of Land Title Examiners and Abstractors (NALTEA) Annual Conference held in Clearwater Beach, Florida on October 19-20, 2012. Attorneys and leading industry experts spoke at the conference, including an NTC executive, on topics concerning the industry, from abstracting to business developments in the upcoming year.
NALTEA holds an annual conference for land title examiners and abstractors, where they can meet with industry experts and obtain certifications. NTC is one of the largest research vendors in the residential real estate industry, with a large national network of abstractors. Michelle Walet, Vice President Research; Aaron Vause, Abstract Manager; and Dan Nordmark, Research Director attended the conference.
In addition to sponsoring the event, Walet hosted a roundtable discussion on assignment chain searches, due to NTC’s extensive experience and expertise in the area. Topics covered included the current requirements being imposed in relation to conducting searches. Walet provided instructional information for abstractors regarding conducting searches, what to look for, and how to identify problems specific to assignments with problematic indexing at the county levels. The roundtable discussion also included various peculiarities found amongst abstractors in their covered jurisdictions and challenges abstractors face today.
NTC has a long track record as document experts with exhaustive resources and the research skills necessary to ensure that the industry conducts proper documentation. NTC has a unique system for tracking and maintaining state and county document requirements and recording fee structures for more than 3,600 recording jurisdictions nationwide. NTC has developed and maintains an evolving library of thousands of different document forms used in U.S. jurisdictions. The company’s advancement of the mortgage assignment chain verification process, PerfectChain℠, is another means by which NTC has been developing industry best practices in order to help legislators, mortgage lenders, servicers and homeowners gain certainty and confidence.
“This conference gave us the chance to meet with key contacts from our abstracting network, create new relationships and we value NALTEA’s objective of establishing uniform standards and practices through guidelines and training,” commented John Hillman, CEO of NTC.
