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Nationwide Title Clearing Blog

How Do Property Reports Help with Compliance?

Posted by Gina Morales on Tue, Jul 21,2015 @ 11:07 AM

We posted this blog early last year but think it's worthy of a re-post.

How can property reports help with compliance to recent regulatory requirements? The $25B Settlement between 50 state Attorneys, Department of Justice and five of the largest banks created new regulatory requirements and has become a standard for loan servicing. In this video, industry expert and Chief Legal Officer at Nationwide Title Clearing, Myron Finley, explains how property reports can help you comply with the most recent regulations. Click here to watch this National Mortgage News Ask the Experts video.

The $25B Settlement has become a standard for loan servicing. The Settlement requires:

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Tags: Property Title Search, Compliance, Nationwide Title Clearing, Property Report Service, Ask the Experts, Video

Assignment Services Defined in Newly Released NTC Video

Posted by April O'Brien on Thu, Jul 17,2014 @ 09:07 AM

Nationwide Title Clearing (NTC) explains the benefits of their assignment services in this newly released video. Many details go into the transfer of mortgage ownership and incorrectly prepared assignments can result in snags which stop the transfer in its tracks. Click here to see how the Nationwide Title Clearing assignment process works.

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Tags: Assignments, Video Release, Nationwide Title Clearing, NTC, Video

Why You Need a Solid Signing Authority Database

Posted by April O'Brien on Tue, May 27,2014 @ 14:05 PM

It is extremely important to be certain that all of your documents are signed by individuals that have qualified authority - it is also equally as important to keep databases current and managed properly to ensure that every signature on your documents are legitimately authentic. Watch industry expert Myron Finley of Nationwide Title Clearing explain the pitfalls of a badly managed signing authority database in this National Mortgage News Ask the Experts video.

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Tags: mortgage assignments, Signing Authority Database, Nationwide Title Clearing, NTC, Ask the Experts, Video, National Mortgage News

Why You Need a Final Document Tracking Service

Posted by April O'Brien on Tue, May 20,2014 @ 16:05 PM

An excellent final document service owns the entire process of tracking, imaging, auditing and delivery. Centralizing the tracking, auditing and collection of outstanding documents reduces errors in the process. Offering stringent controls from the beginning, and continuous monitoring, will allow you to quickly identify problems that cost much more downstream if they are not caught. Watch as industry expert Debbie Lastoria from Nationwide Title Clearing explains the downstream benefits of a 3rd party final document tracking service.

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Tags: Nationwide Title Clearing, NTC, Ask the Experts, Video, National Mortgage News, Final Document Tracking

Why You Need AVRs When Assigning Seasoned Loans

Posted by April O'Brien on Tue, May 13,2014 @ 15:05 PM

Assignment Verification Reports are crucial in determining if a loan is a beneficial commodity. Seasoned loans have a high probability of incorrectly prepared assignments located in the chain, which can result in a cloud on the title. It is essential that assignments are prepared by a company that understands the requirements in order to ensure assignment chains remain intact. The best practice would be to order an AVR on any loan with a less-than-certain history to verify that all assignments were prepared and recorded correctly.

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Tags: Compliance; AVR; Assignments; Chain of Assignments, Mortgage Industry, Nationwide Title Clearing, Assignment Verification Report, NTC, Ask the Experts, Mortgage Assignment, Video

Property Reports that Protect Loan Servicers

Posted by Joellen Thompson on Fri, May 02,2014 @ 11:05 AM

Property report demands have expanded beyond the typical title search. Reports and uses have changed and it may be unnecessary to purchase a full report. Watch as Nationwide Title Clearing expert Debbie Lastoria discusses the different types of reports available and how they can help with due diligence. Click here to watch this National Mortgage News Ask the Experts video.

In this video, Debbie discusses these key points:
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Tags: Compliance; AVR; Assignments; Chain of Assignments, Nationwide Title Clearing, Property Report Service, Assignment Verification Report, NTC, Ask the Experts, Video

How Do Property Reports Help with Compliance?

Posted by Joellen Thompson on Fri, Apr 18,2014 @ 13:04 PM

How can property reports help with compliance to recent regulatory requirements? The $25B Settlement between 50 state AG’s, DOJ and 5 largest banks created new regulatory requirements and has become a standard for loan servicing. In this video, industry expert and Chief Legal Officer at Nationwide Title Clearing, Myron Finley, explains how property reports can help you comply with the most recent regulations. Click here to watch this National Mortgage News Ask the Experts video.

The $25B Settlement has become a standard for loan servicing. The Settlement requires:

Read More

Tags: Property Title Search, Compliance, Nationwide Title Clearing, Property Report Service, Ask the Experts, Video

Impacts of New Regulations on 3rd Party Suppliers

Posted by Joellen Thompson on Fri, Apr 04,2014 @ 17:04 PM

Watch NTC's COO Michael O'Connell answer "What are the impacts from new Federal regulations on 3rd party suppliers?" In the past, third party suppliers to banks and mortgage servicers were, to some degree, insulated from the effects of regulations. The recent guidelines from the CFPB, OCC and the Fed, however, appear to have heightened scrutiny on the banks. As a consequence, it also affects the third-party supplier.

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Tags: Nationwide Title Clearing, Ask the Experts, Video

How is Enterprise Risk Management important?

Posted by Joellen Thompson on Thu, Mar 27,2014 @ 14:03 PM

The OCC and other regulatory agencies have identified the inadequacy of Enterprise Risk Management (ERM) as one of the main causes of the credit crunch of 2008. In this video, Nationwide Title Clearing industry expert Myron Finley answers how ERM is important in the mortgage industry and addresses ways ERM can mitigate loss and lower your exposure to risk.

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Tags: Nationwide Title Clearing, Ask the Experts, Video

New Nationwide Title Clearing Company Overview Video

Posted by Joellen Raiti on Fri, Aug 09,2013 @ 16:08 PM

Nationwide Title Clearing just released a new company overview video. Watch the video to learn about the expert team at Nationwide Title Clearing and find out why the nation's top mortgage lenders, servicers and investors hire us for post closing document services, such as Lien Release Processing, Mortgage Assignment Processing and Document Retrieval Services.

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Tags: Nationwide Title Clearing, Video

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