Industry leader talks about what it takes to be fully compliant today
(Palm Harbor, FL) May 31, 2017 – Nationwide Title Clearing (NTC), the leading post-closing services provider for the nation’s largest financial institutions, investors and servicers, has released the fifth video in its series of Executive Showcase mini-lectures. In this video, Sean Hunt, NTC’s Vice President of Document Production, talks about the processes that make NTC the industry leader in document production, review and eRecording. The five videos released in the series thus far are available on the company’s website and showcase the firm’s leaders as they share insight with their own teams and the industry.
“Our (document) signing compliance starts with very deep training on our industry, its practices and compliance requirements,” Hunt said. “Document review at NTC is a system of controls that involves a review of the document prior to signing to ensure that every employee has full knowledge of the documents we sign on behalf of our clients.”
In the video, Hunt illuminates NTC’s industry-leading system, which includes employee education, a signature authority database, frequent internal audits and physical location controls to ensure compliance.
Notaries are required to attend document review training and document reviewers are required to attend notary training as well. NTC database technology holds detailed client records that determine what documents company personnel can sign and under what circumstances. Powers-of-Attorney and corporate resolutions are held in a secure database. Physical location controls determine where employees work, as well as their proximity to each other and to notaries, and is used to ensure that they're always in compliance.
“We've built our company around signing controls, whereas other companies try to build their signing controls around their company,” Hunt explains. “This is why we have been so successful and why we have a nearly perfect record of document compliance with the nation’s County Recorders. It also explains why some of our clients tell us they have changed their signing practices to mirror ours.”
For more information about the series or to view this video, visit http://info.nwtc.com/videos-nationwide-title-clearing
Nationwide Title Clearing, Inc. (NTC) is a privately-owned leading research and document-processing service provider to the residential mortgage industry. NTC services the nation’s top mortgage lenders, servicers, investors and custodians, resulting in an expansion that is also tied to its contribution to its industry and its local community. NTC has won the Tampa Bay Times Top 100 Workplace Designation five times in its history. For more information, visit the company’s website at www.nwtc.com.