In response to the call for action from various entities regarding title defects, the Nationwide Title Clearing, Inc. made effective changes. It ensured that all property reports became readily available via online ordering. Consequently, the National Title Clearing, Inc. unveiled an updated website geared towards making all property reports available online.
The National Title Clearing, Inc. made this move to address the title defects issues, which has been a thorn in the real estate market for several years. Title defects are attributed to various issues including wrongful foreclosures as well as stagnation in the transition of assets in the secondary market. NTC executives attribute property records to holding the key to ensuring a smooth title conveyance as well as the inability to foreclose.
Although title defects commonly occur when a person levels a claim to somebody else’s property, other factors can also make the title invalid. The factors include failing to file procedures during recording, failure to remove previous liens and issues with wording that do not adhere to the real estate guidelines in a given area. The National Title Clearing, Inc. made the following property reports available online including tax status(plus) report, tax status report, assignment verification report services and current owner report.
NTC obtains information from numerous sources during its operations or processes. This involves both human verification and automation. This attribute has highly assisted NTC in serving its largest clients including lenders under the most stringent audited compliance regulations. Additionally, it acknowledges its success to its ability to understand the outcomes needed by its customers.
Exploring the National Title Clearing, Inc.
National Title Clearing, Inc. has positioned itself as a specialist in audit, research and document processing provider for the country’s largest lenders, servicers and investors. It operates from a five-building campus based in Pinellas County. Previously, it had its headquarters situated in California. Since its inception in 1991, it has emerged as the biggest lien release as well as assignments provider in the globe. NTC operates and maintains a list of more than 100 distinct training courses on about 50 different positions. Some of the positions within NTC require about ten additional training courses, which require months to complete successfully.
NTC is driven by its devotion of delivering top-notch accuracy in research and document processing services. In 2016 alone, the company has recruited more than 450 local employees. This prompted the company into opening a Dallas, Texas-based office in a bid to accommodate its expanded operations. Through its experienced and well-trained land document and records specialists, NTC tracks and fulfills all document requirements in more than 3600 recording jurisdictions countrywide. Since 2011 to date, the National Title Clearing, Inc. has gained recognition as one of Tampa Bay Times Top 100 Workplace.