NTC's Final Document process is simple and customizable.
NTC's Final Document Processing Services gives clients valuable peace of mind knowing the entire process is under control, risk is mitigated, costs are lowered while improving process quality.
NTC's client provides instructions to their closing agents/ title companies/ correspondent lenders or attorneys to forward all original mortgages, deeds of trust, title policies and assignments (as applicable) to NTC after origination and recording for all new loans.
NTC receives regular daily/weekly data download from the client on all new loans originated. This data download starts an automatic alert system for each file based on the average recording timeframe for each individual state/county.
Upon receipt of the original mortgages/deeds of trust and title policies, NTC will perform a variety of tasks including, imaging, audits, data validation, file creation, investor stacking and other services as selected by the client.
Documents received are forwarded to the appropriate investor as instructed by the client. Any documents not received automatically within the pre-set time frame will trigger a series of follow-up actions with the appropriate title company/ closing agent or attorney. If documents don't arrive, NTC will obtain a copy of the documents from the county to satisfy investor requirements.
Here are the BENEFITS to choosing NTC for your
Final Document Processing:
- Supports and/or replaces the upfront intake process (1) Doc ID (2) Scanning (3) Review (4) Shipment
- Document Follow-up (1) Doc Chasing (2) Doc Retrieval
- Eliminates Volume Influx Challenges
- Complete System Integration
* Through NTC's process your loan data is automatically validated.
- In-house Technology Support / Maintenance
- Custom Audit Screens in accordance with Investor/ Custodial/Internal Guidelines
- Indexed Images Hosted by NTC and/or Forwarded to Client
