Nationwide Title Clearing Inc. is an award winning research and document service provider in the residential mortgage industry. NTC has over 25 years of providing successful service. NTC provides service to some of the largest mortgage lenders and investors in the nation. All documents are recorded throughout 3,000 nationwide jurisdictions. Nationwide Title Clearing Inc. strives to deliver excellent accuracy in document processing and research services that assist homeowners and the mortgage banking industry. NTC also preserves the nation’s land records. NTC has been recognized as a Top 100 Workplace in Tampa Bay for five years. NTC’s headquarters is in Palm Harbor, Florida. NTC has over 400 employees and just recently opened a new office in Dallas Texas. The new office features a new data center.
Recently, Nationwide Title Clearing Inc. announced that they will be making reports accessible through online ordering. Title defects have become a major issue in the real estate market throughout the last few years. This has caused wrongful foreclosures and contributed to stagnating an otherwise smooth transition of assets throughout the secondary market. Nationwide Title Clearing Inc. executives believe that property records are a major part of ensuring a clear title conveyance. This also reduces the risk of buyback or foreclosure . That is why NTC has begun making the process of securing property reports easier through launching a new website that makes reports available online.
Title defects commonly happen when a person or entity tries to claim a property that someone else owns. Other factors that could lead to title defects are; issues with wording in the document that do not meet real estate standards, previous liens that have not been removed, and the failure to include the signature of a necessary party to the transaction.
NTC Chief Executive Officer John Hillman decided to list Assignment Verification Report Services and Tax Status Report available online to help the mortgage industry. Hillman notes that NTC prides itself on being able to give a quick, step by step process of property reports.
Nationwide Title Clearing Inc. gets data from a number of different sources throughout its process. NTC believes that its success comes from understanding the goals of its clients and being able to make a custom property report with appropriate data sets.