Palm Harbor, FL (PRWEB) September 03, 2013
Nationwide Title Clearing, Inc., a leading research and post-closing service provider to the residential mortgage industry, has announced that its Chief Operations Officer (COO), Michael O’Connell, has been accepted to the Pinellas County Economic Development Council (PCEDC) for a two-year term. O’Connell was chosen through a unanimous vote that recognized his community involvement and leadership.
The Tampa Bay economy, which includes the Tampa and North Port-Bradenton-Sarasota metro areas, was recently reported to be performing above average, as the area still has many positives that were not diminished by the recession:
●Payroll growth in the area was more than twice as fast as the national average between the fourth quarter of 2012 and the second quarter of 2013, according to the report.
●Income growth was ahead of the national average, and the jobless rate dropped below the national average for the first time since the recession.
●The report predicts that unemployment will drop to 6.8 percent in the fourth quarter of 2013 (1).
To continue that positive economic growth, as a member of the PCEDC, O’Connell will be responsible for sharing his perspective and offering recommendations on economic growth, community opportunities and sustainability. O’Connell will also assist in retaining and recruiting businesses, surveys, current market conditions and other relative advice.
O’Connell was recently promoted to NTC’s COO position after spending eight years as Vice President of Client Relations. Because of NTC’s ability to deliver highly accurate research and timely mortgage documentation, the growing need for stability in the mortgage industry has put NTC into a position of leadership and support for its clients, which are eight of the 10 largest mortgage servicers in the U.S. Having successfully led NTC’s Sales and Client Relations team since March, 2005, O’Connell is prepared for his new responsibilities as a member of the PCEDC—NTC representatives say that O’Connell has been a chief decision-maker in delegating limited company resources to the most productive uses and overseeing company divisions to maintain optimal performance measures for NTC. “I relish what opportunities the recent economic growth can bring in support of the many businesses both existing and new to Tampa Bay,” commented O’Connell. “The PCEDC is committed to making a difference by helping the community that we like to call home.”
O’Connell’s new role will also help NTC with continuing and broadening its current and future community involvement—the Palm Harbor company has long been committed to utilizing its large employee base to create a positive effect on the environment on both a local and national scale. NTC’s initiatives extend to its community affairs by supporting local food banks and also by employing and training over 350 Tampa Bay residents. Many of NTC’s 350 local employees also regularly organize and partake in community events such as blood, food and toy drives.
For more information on Michael O’Connell and Nationwide Title Clearing, 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 now boasts the position of #1900 on 2013’s Inc. 5000 list. 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.Brown, Jo-Lynn. “Report: Positive Tampa Bay Economy Drawing More People.” Bizjournals.com. Tampa Bay Business Journal, 19 Aug. 2013. Web. 20 Aug. 2013. bizjournals.com/tampabay/news/2013/08/19/report-positive-tampa-bay-economy.html.