Located in Palm Harbor, Florida, Nationwide Title Clearing is the number one Choice of eight out of ten of the top ten retail mortgage companies in the United States for their document processing needs.
The most important two things about a wholesale document company are the accuracy of the reports and the speed that they can be transmitted to the client, which is the mortgage or title company who is going to handle the closing proceedings.
Nationwide has a rejection rate of .78% and a compliance rate of 99.98%. This means that almost 100% of all the documents searched for are found and that nearly 100% of every document found is accurate. These statistics are astounding given the vast numbers of documents processed.
Great appreciation must be given to the employees of Nationwide and their highly effective training process. New employees go through a rigorous three-week training regimen and then they are on the floor with a supervisor monitoring them until they master that phase of their job. There are also 150 more training modules that they can cover on their own when they wish if they wish. These are required if they wish to advance, but it is up to the employees.
Nationwide handles all sorts of documentation including lien releases, document retrieval, final document processing, nationwide abstractor services, assignments, assignment verification reports, lien verification reports, tax status reports, and many others.
Using proprietary technology, Nationwide can reach into every county and municipality that houses records in the United States, some 3,600 entities to search and procure documents. Clients also have access to parts of the system so they can simply dial up and receive some of the documents directly. This makes things so much easier for retail clients to access information.
Compliance is a big concern in the industry because without it chaos could be the result. As CEO of Nationwide, John Hillman said recently in an industry-wide podcast; compliance doesn’t happen on its on, it has to be actively set up and maintained by the companies. He mentioned that just talking about it doesn’t do much as it has to be constantly on the lips and thoughts of everyone involved. Standards have to be set high and then monitored publically, so everyone is on board.
Nationwide is a good place to work, as evidenced by the company being recognized as being among the top 100 best places to be employed for five out of the last six years. This was reported by the Tampa Bay Times.
For more details, visit http://www.nwtc.com/.