Nationwide Title Clearing representatives will have a busy schedule June 17-19th as they will be attending three separate conferences in Virginia and New York. NTC is thrilled to be sending two new company representatives as well as some of the more experienced veterans of the industry to the MERS User Conference in Reston, VA, the Distressed Residential Mortgage Summit in New York City, NY and the Mortgage Bankers Association Document Custody Workshop in Virginia.
Tags: MERS, User Conference, Distressed Residential Mortgage Summit, MBA, Mortgage Bankers Association, Document Custody Workshop, Nationwide Title Clearing, NTC
Ensuring that lien releases are accurately processed in a timely manner is crucial in monitoring your overall risk. States require lien releases to be submitted to the county recorder usually within a matter of days after the loan is paid in full. While the timeframe differs nationwide, you can potentially face statutory penalties for non-compliance if your documents are not filed in the state's stipulated time frame. Click here to watch industry expert Debbie Lastoria explain how to monitor your overall risk on lien releases.
Tags: Nationwide Title Clearing, Nationwide Title Clearing; Lien Release Requiremen, NTC, Ask the Experts, Loss Mitigation, Lien Releases
A hot button issue right now in loan servicing transfers is faulty source documents. If there are breaks in the beneficial chain between loan origination and the current sale, you need to know about it. During the initial inspection of a file, problems may not materialize for a number of reasons. Watch industry expert Michael O'Connell of Nationwide Title Clearing explain how a comparison of land records to collateral files can help with due diligence.
Tags: Assignments, Land Records, Collateral Files, Nationwide Title Clearing, NTC, Ask the Experts, National Mortgage News
It is extremely important to be certain that all of your documents are signed by individuals that have qualified authority - it is also equally as important to keep databases current and managed properly to ensure that every signature on your documents are legitimately authentic. Watch industry expert Myron Finley of Nationwide Title Clearing explain the pitfalls of a badly managed signing authority database in this National Mortgage News Ask the Experts video.
Tags: mortgage assignments, Signing Authority Database, Nationwide Title Clearing, NTC, Ask the Experts, Video, National Mortgage News
Nationwide Title Clearing (NTC) employees volunteered and helped build a house on Saturday, May 17th at the Habitat for Humanity building site in Clearwater. NTC was asked to attend on behalf of Bay Area Young Professionals. Attending on behalf of NTC were Natalie Aguirre, Michael Mazza, Brandy Chaplain and April O'Brien.
Tags: Community, Habitat for Humanity, Bay Area Young Professionals, Nationwide Title Clearing, NTC, Charitable Organizations
An excellent final document service owns the entire process of tracking, imaging, auditing and delivery. Centralizing the tracking, auditing and collection of outstanding documents reduces errors in the process. Offering stringent controls from the beginning, and continuous monitoring, will allow you to quickly identify problems that cost much more downstream if they are not caught. Watch as industry expert Debbie Lastoria from Nationwide Title Clearing explains the downstream benefits of a 3rd party final document tracking service.
Tags: Nationwide Title Clearing, NTC, Ask the Experts, Video, National Mortgage News, Final Document Tracking
Assignment Verification Reports are crucial in determining if a loan is a beneficial commodity. Seasoned loans have a high probability of incorrectly prepared assignments located in the chain, which can result in a cloud on the title. It is essential that assignments are prepared by a company that understands the requirements in order to ensure assignment chains remain intact. The best practice would be to order an AVR on any loan with a less-than-certain history to verify that all assignments were prepared and recorded correctly.
Tags: Compliance; AVR; Assignments; Chain of Assignments, Mortgage Industry, Nationwide Title Clearing, Assignment Verification Report, NTC, Ask the Experts, Mortgage Assignment, Video
Property report demands have expanded beyond the typical title search. Reports and uses have changed and it may be unnecessary to purchase a full report. Watch as Nationwide Title Clearing expert Debbie Lastoria discusses the different types of reports available and how they can help with due diligence. Click here to watch this National Mortgage News Ask the Experts video.
In this video, Debbie discusses these key points:Tags: Compliance; AVR; Assignments; Chain of Assignments, Nationwide Title Clearing, Property Report Service, Assignment Verification Report, NTC, Ask the Experts, Video
Tags: Community, Corporate Social Responsibility, Press Release, YMCA, Fundraising, Nationwide Title Clearing, Community Events, NTC, Charitable Organizations
Nationwide Title Clearing, Inc. (NTC) has announced its participation in the 2014 Relay For Life of Palm Harbor & Tarpon Springs event—for the fifth year in a row—to help raise funds and bring awareness in the fight against cancer. NTC will fight against cancer for the fifth consecutive year at Relay For Life of Palm Harbor & Tarpon Springs, an annual event held to increase awareness and fundraising efforts to benefit the American Cancer Society’s research into finding a cure for cancer. NTC has previously raised a total of over $43,000 in donations for the American Cancer Society and plans to increase that number with this year’s contributions and has reached 80% of their fundraising goal of $11,000 for 2014.
Tags: Relay For Life, Press Release, American Cancer Society, Nationwide Title Clearing, Charitable Organizations
