How do AVR's bridge the gap between servicers/custodial status reports, with true live county data? Most property reports do not index chain of assignments, and don't list the flaws within an assignment body - flaws which can make subsequent assignments invalid in certain states. In this video, industry expert and COO at Nationwide Title Clearing, Michael O'Connell, discusses the importance of an assignment verification report (AVR) and how it can help verify the accuracy of information. Click here to watch this National Mortgage News Ask the Experts video.
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Tags:
Compliance; AVR; Assignments; Chain of Assignments,
Nationwide Title Clearing,
Assignment Verification Report,
NTC,
Ask the Experts
How can property reports help with compliance to recent regulatory requirements? The $25B Settlement between 50 state AG’s, DOJ and 5 largest banks created new regulatory requirements and has become a standard for loan servicing. In this video, industry expert and Chief Legal Officer at Nationwide Title Clearing, Myron Finley, explains how property reports can help you comply with the most recent regulations. Click here to watch this National Mortgage News Ask the Experts video.
The $25B Settlement has become a standard for loan servicing. The Settlement requires:
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Tags:
Property Title Search,
Compliance,
Nationwide Title Clearing,
Property Report Service,
Ask the Experts,
Video
In this video, industry expert Debbie Lastoria, from Nationwide Title Clearing, addresses the question ""How important is a property report to the loss mitigation process?" She also discusses why it's important to order a property report at the beginning of the loss mitigation process and recommends best practices including why it's important to be proactive. Click here to watch this National Mortgage News Ask the Experts video.
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Tags:
Nationwide Title Clearing,
Property Report Service,
Ask the Experts,
Loss Mitigation
Dealing with today’s climate of compliance and regulations can be a real challenge. Avoiding the pitfalls of past bad habits while maintaining a maximum of efficiency is a problem faced by companies, large and small, all across the mortgage servicing industry. There is no room to cut corners lest you expose your company to risk.
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Tags:
Uninsured Property Reports,
Title Search,
Property Title Search,
Current Owner Search,
Ownership and Encumbrance,
O & E Report,
Compliance,
Mortgage Industry,
Nationwide Title Clearing,
White Papers,
Property Report Service
Watch NTC's COO Michael O'Connell answer "What are the impacts from new Federal regulations on 3rd party suppliers?" In the past, third party suppliers to banks and mortgage servicers were, to some degree, insulated from the effects of regulations. The recent guidelines from the CFPB, OCC and the Fed, however, appear to have heightened scrutiny on the banks. As a consequence, it also affects the third-party supplier.
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Tags:
Nationwide Title Clearing,
Ask the Experts,
Video
The OCC and other regulatory agencies have identified the inadequacy of Enterprise Risk Management (ERM) as one of the main causes of the credit crunch of 2008. In this video, Nationwide Title Clearing industry expert Myron Finley answers how ERM is important in the mortgage industry and addresses ways ERM can mitigate loss and lower your exposure to risk.
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Tags:
Nationwide Title Clearing,
Ask the Experts,
Video
Nationwide Title Clearing, Inc. (NTC) officials recently attended the Clearwater Regional Chamber of Commerce's Not-For-Profit Business Council meeting to assist in planning a networking event for young professionals and to also show continued support of philanthropic efforts within the community. The session was called to begin planning an upcoming event to be held in early April, designed to bring local non-profit organizations together with businesses and budding professionals who are interested in philanthropy.
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Tags:
Community,
Corporate Social Responsibility,
Clearwater Regional Chamber of Commerce,
Nationwide Title Clearing
Nationwide Title Clearing, Inc. (NTC) officials recently attended the legislative meeting held at the Greater Palm Harbor Chamber of Commerce to show continued support of elected government officials, in conjunction with an effort to expand the company's CSR efforts within the community.
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Tags:
Community,
Press Release,
Government Relations,
Greater Palm Harbor Chamber of Commerce,
Nationwide Title Clearing
For almost a decade Nationwide Title Clearing (NTC) has demonstrated how embracing the company’s social purpose should set a trend and encourage other companies to engage with communities. NTC has been participating in Corporate Social Responsibility (CSR) outreach efforts in the community for almost a decade. Recently, NTC officials have noticed how its community leadership has generated a positive response from employees. Through its “business with a purpose” mission, NTC has encouraged initiatives that emit a positive impact on the environment and surrounding community.
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Tags:
Community,
Corporate Social Responsibility,
Nationwide Title Clearing
