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NTC Celebrates 25 Years in the U.S. Mortgage Lending Industry

Posted on 1/1/2016 by Derrick Minutello in Nationwide Title Clearing NTC
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Leader in post-close services looks back on a quarter century of best-in-class service

Nationwide Title Clearing, Inc. (NTC), the leading post-closing services provider for the nation’s largest financial institutions, investors and servicers, announced today that the company has completed its first twenty-five years of service to the mortgage lending industry. The company was founded in 1991 as California Title Clearing, Inc. By the following year, the company had attracted a national client base, was rebranded as Nationwide Title Clearing, Inc. In 2002, the firm moved its headquarters to Florida.

 

In honor of the occasion, CEO John Hillman published a short retrospective on the company’s blog, reflecting on some of the achievements his firm has accomplished over the years. He also addressed the strategy the company will employ to succeed in the mortgage industry of the future:

 

“We are staying true to our founders’ core beliefs and values, that profit is just the reward and not the goal. That is and has always been the fabric of who we are. The formula is simple; we spend a tremendous amount of time and care for our team members and in turn they help us focus on what our clients’ needs are. Everyone wins.

We are ready to embrace a new year with our friends, vendors and clients. We are ready for another year excelling at what we are really good at: Helping our clients stay compliant.”

 

“Twenty-five years is a long time to serve any industry and it only happens when a company has found a way to add real value to the customers it serves,” said NTC CEO John Hillman. “I could not be more proud of all that Nationwide Title Clearing has achieved over the past quarter century. This company has recruited and developed the very best team at work in the industry today. I always look forward to the opportunity to demonstrate that to every new client we serve. We’re looking forward to the next 25 years.”

 

An NTC timeline (25 Years of Innovative Service)

 

1991 – California Title Clearing, Inc. opens its doors after the original founders came up with a concept to help the industry process and retrieve documents

1992 – NTC goes national and is rebranded as Nationwide Title Clearing, Inc.

1994 – NTC adds lien release research, title policy and document retrieval services

2002 – NTC moves its headquarters from Glendale, California to Palm Harbor, Florida

2006 – NTC establishes attorney network to resolve state-specific concerns regarding the unlicensed practice of law

2009 – NTC implements extensive and enhanced training and compliance initiatives

2011 – NTC develops and begins delivery of the Assignment Verification Report (AVR) service, a part of the PerfectChain® suite of services, with immediate adoption by the industry

2013 – NTC adds file audit and remediation services

2015 – NTC achieves an E-recording rate of over 70% nationwide

 

Over the years, the company has won many awards. Among its accolades have been inclusion in the Inc. 5000 list every year since 2012, inclusion in the Tampa Bay Times Top 100 Workplace four times since 2011, inclusion in the Tampa Bay Business Journal Fast 50 for 2013 and TBBJ Top 200 Private Employer in 2015.

 

About NTC

Nationwide Title Clearing, Inc. (NTC) is a privately-owned leading research and document-processing service provider to the residential mortgage industry. NTC services mortgage lenders, servicers and investors, including eight of the top 10 residential mortgage servicers in the country, resulting in an expansion that is also tied to its contribution to its industry and its local community. NTC ranked number 13 on the Tampa Bay Business Journal’s 2014 Fast 50 Awards list of fastest growing companies in Tampa Bay, and number 3,108 on the 2015 Inc. 500/5000 list of fastest-growing companies in America. NTC has also won a Top 100 Workplace Award from the Tampa Bay Times, three times in its history. For more information, visit the company’s website at www.nwtc.com.

 

 

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