PALM HARBOR, FL (PRWEB) June 16, 2013
The Mortgage Bankers Association’s Technology in Mortgage Banking Conference and Expo was recently held in Ft. Lauderdale, Florida from April 14-16, 2013. Mortgage industry leaders and experts convened to explore and attain a solid understanding of technological advances within the industry. Representatives from Nationwide Title Clearing, Inc. (NTC), a leading service provider to the mortgage industry, attended the workshop to partake in the discussions and gain valuable information on the role technology plays in the compliance standards of today.
NTC VP of Client Relations, Danny Byrnes, and Chief Information Security Officer, Scott McEntire, attended the conference with the goal of staying current with latest technology developments in the mortgage industry. The duo also gleaned data about technology’s role in compliance and how to apply it to NTC business practices.
The financial sector, which experienced a resounding crash in 2008, has emerged from the fallout with stricter regulations and compliance standards geared towards preventing similar situations. As technology today is ever-evolving, NTC believes it plays a large part in ensuring compliance and will shape the future of the industry as it enables lenders and servicers to detect discrepancies early on.
“Continuing education and technology is a big part of NTC’s consistent ability to maintain high compliance rates for our clients,” stated NTC CEO John Hillman.
In addition to the recent conference, NTC also regularly attends many workshops each year to remain up-to-date on mortgage industry processes. Perhaps most notable for its expertise in lien release processing and management, NTC has enacted a variety of methods in order to comply with the strict regulations of the industry today – running consistently at 99.99% within compliance for lien releases.
NTC has worked closely for years with many of the country’s leading mortgage lenders and servicers to standardize the mortgage assignment document process, and has made a name for itself by perfecting that process for the betterment of borrowers, homeowners, land records and the industry at large.
Out of NTC’s large client base, eight are listed among the top 10 largest residential mortgage servicers in the country, whom NTC has collaborated 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.
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.