:: Frequently Asked Questions Overview
Here are answers to a few of the most frequently asked questions about Nationwide Title Clearing.
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Who is Nationwide Title Clearing and what do they do? Nationwide Title Clearing, Inc. (NTC) was incorporated in 1992 and has grown into a national leading post closing services provider for... (click to learn more).
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How and when can Nationwide Title Clearing sign documents? Through legal contracts and corporate resolutions granting signing authority Nationwide Title Clearing is legally authorized to... (click to learn more)
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What is Robo-Signing? Nothing can cause more havoc in a field or industry than misunderstood or non-codified terminology. When terms are not fully defined and agreed upon by all parties there will to that extent be chaos... (click to continue)
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What is a corporate resolution? A Corporate Resolution is a corporate action, usually in the form of a legal document that will be voted on or has been ratified at a meeting of...(click to learn more)
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Nationwide Title Clearing is not in the foreclosure business. Nationwide Title Clearing is not in foreclosure business and in fact, the majority of the documents we prepare release mortgage loans that have been paid in full, either from a home sale, refinance or through a full payoff...(click to learn more)
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Why an Assignment is not a foreclosure specific document. Saying that an assignment is a foreclosure document is like saying the mortgage or note is a foreclosure document...(click to learn more).
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Does the person signing an Assignment or Lien Release need to be the person who prepared it? The answer is no. The language on an assignment or lien release does not state that the authorized signer is the person that prepared it...(click to learn more).
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Does the person signing an Assignment or Lien Release need to read each document first? The answer is no. When authorized signers execute assignments and lien releases it is for authorization purposes or as required by the county on the document...(click to learn more).
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Does a notary certify the information contained in a document is correct? A notary does not certify that they prepared the document or need to review the information contained in the document...(click to learn more).
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When a notary signs the mortgage paperwork right along with the borrower are they legally responsible for the content? No. The notary, of course, has the responsibility to ensure that they adhere to all rules that regulate being a notary in their state...(click to learn more).
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How can Nationwide Title Clearing employees sign documents on behalf of another company? Nationwide Title Clearing is hired by the leading national mortgage lenders and servicers and is contractually and legally authorized to prepare, sign and record mortgage assignments and lien releases ...(click learn more).
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What measures has Nationwide Title Clearing taken to prevent and detect fraud? In an effort to clarify the legal procedures and practices under which Nationwide Title Clearing operates, we have launched a line of educational documents and podcasts to assist the general public...(click to learn more).
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How can I spot mortgage related document fraud? A tiny percentage of documents may actually be prepared incorrectly or even fraudulently by companies looking to make a fast buck. You have to do a little homework to be able to spot the legitimate ones from the fakes...(click to learn more).
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How does Nationwide Title Clearing help homeowners and borrowers? For more than 19 years, we have helped keep mortgage servicers in compliance with state statutes that are designed to protect borrowers, and we have helped tens of millions of borrowers in the process...(click to learn more).
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How does Nationwide Title Clearing help the industry? Our work helps to ensure that paperwork is accurately, legally and timely recorded in recording offices nationwide, a vital and necessary function...(click to learn more).