Wrongful foreclosures and stagnation of asset transition, which result from title defects, has been a major problem in the real estate industry. Nationwide Title Clearing (NTC), Inc. has responded to a call for action regarding the issue by launching a unique service of online ordering of property reports. NTC is a leading company that undertakes comprehensive research and processes documents for the mortgage and financial industry. NTC’s executives asserted that for one to have a clear title conveyance and reduce the risk of buyback or failure to foreclose, property records are significant. NTC has launched an updated website to ensure that the process of securing property reports is simple by making them available online.
They include basic problems with wording in the document, especially those that do not comply with the required standards. The others are when a significant signature is missing in a document, documents with previous liens and other encumbrances, and wrong procedure of filling. The CEO of NTC, John Hillman said that before transferring property, it is crucial to ensure that the documents have complied with the real estate standards and requirements. The property reports available via online ordering are Tax Status Reports and Tax Status (plus) reports, Assignment verification report services, and Current Owner Reports. This information was originally mentioned on National Mortgage New’s website as explained in the following link http://www.nationalmortgagenews.com/press_releases/nationwide-title-clearing-revamps-website-online-ordering-available-1041942-1.html
About Nationwide Title Clearing, Inc
NTC was established in 1991. It is based in Palm Harbor in Florida. The company serves mortgage lenders, investors, and servicers, including the country’s top ten residential mortgage servicers. NTC aims to assist the mortgage banking industry, protect homeowners and conserve the land records of the nation. They have earned respect and reputation for delivering the most accurate research and top quality documentation, which is unmatched in the industry. They attribute their success to their deep understanding of their clients’ needs and commitment to offer customized property reports that leave clients happy.
NTC obtains its data from multiple sources, especially the counties. Their operations comply with the county requirements of documentation in all 3,600 jurisdictions. Due to their successful expansion program and contribution to the community, NTC was ranked position 26 in 2013’s list of Fast 50 Awards of the fastest growing firms in Tampa Bay. They emerged position 2,730 and 1,900 consecutively on the 2012 and 2013 Inc. 500/5000 list of fastest growing companies in America. NTC is also a two-time recipient of the Inc. Hire Power award.