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
Palm Harbor, FL (PRWEB) 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 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 is 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.
NTC’s business process is based on the stringent review, research and reporting that is done prior to the processing and recording of accurate post-closing mortgage documents. NTC has offered its help to lawmakers in establishing industry-wide best practices which provide assurance to consumers, while also being practical to achieve within the industry. The company feels that its comprehensive industry and land records knowledge can be advantageous in helping to establish best practices for its market.
“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.
This was NTC’s first year sponsoring the NALTEA conference.
About Nationwide Title Clearing, Inc.:
Based in Palm Harbor, Florida and founded in 1991, Nationwide Title Clearing, Inc. (NTC) is a privately-owned leading service provider to the residential mortgage industry, serving mortgage lenders, servicers and investors, including eight of the top ten residential mortgage servicers in the country. NTC earned the position of #2,730 on the 2012 Inc. 5000 list of fastest-growing private companies in America, and ranks #36 in Tampa and #46 in the real estate industry. The company’s land records and document experts are able to track and fulfill county document requirements for close to 3,600 recording jurisdictions nationwide. NTC specializes in providing land records research, lien release services, assignment services, final document tracking, document retrieval and other custom business solutions. For more information, visit the company’s website at http://www.nwtc.com.