Our process for compliance has always been a collaborative effort with fellow industry leaders, governmental entities and our clients—we seek out feedback in order to streamline our procedures
PALM HARBOR, FL (PRWEB) April 17, 2013
Mortgage industry veterans convened for discussion at the second annual MPact Conference recently held in Las Colinas, Texas on March 26. The main topic under discussion was the latest issues regarding new compliance and regulation standards in the mortgage industry. Nationwide Title Clearing Inc. (NTC), a post-closing services provider for the residential mortgage industry, was among the industry leaders that sponsored the conference. As a long-time player in the mortgage industry, NTC attended the conference to stay educated on important issues and to take part in discussions that lead to revitalizing the mortgage industry.
Debbie Lastoria and Joellen Raiti, both Vice Presidents at NTC attended the conference, which consisted of five concurrent expert-led forums. Discussions were focused on several topics, but what most interested NTC was the subject of compliance, regulations and how to manage risk. There was open dialogue about what the mortgage industry has experienced over the last several years, and how to adapt to a changing landscape caused by the new regulations being implemented.
“We are obsessed with quality control and compliance, so attending the conference gave us an invaluable opportunity to listen to the issues that the industry is facing directly from industry leaders,” Raiti said. ”Our process for compliance has always been a collaborative effort with fellow industry leaders, governmental entities and our clients—we seek out feedback in order to streamline our procedures.”
Out of NTC’s large client base, eight are listed among the top 10 largest residential mortgage servicers in the country, most of whom NTC has worked closely with for years to help standardize industry document processes and procedures. These ongoing efforts have contributed to NTC being named as an innovator for its revolutionary PerfectChain(SM) Assignment Verification Process(1).
NTC core strength as a mortgage industry service provider is helping its mortgage lending and servicing clients stay in compliance with the statutes relating to lien releases and assignments; laws that ultimately protect homeowners. Because of NTC’s stringent quality control practices, they have seen an increase in business from the top mortgage banking institutions. In 2012, NTC earned a spot on the prestigious Inc. 5000 award for an 85% three-year growth, and was also a winner of the Inc. Hire Power award for their achievements in lowering the unemployment rate in their region.
NTC currently has over 350 local employees, and that number continues to grow.
For more information about NTC, visit http://www.nwtc.com.
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 10 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, ranking #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.
1.“PerfectChainSM Assignment Verification Process.” Giantsof.com. N.p., n.d. Web. 05 Apr. 2013. giantsof.com/giant/nwtc.