NTC announces its spot on the Orlando Business Journal’s Florida Fast 100 list for the second consecutive year as one of the state’s fastest-growing companies.
Palm Harbor, FL (PRWEB) November 03, 2014
The economy following the Great Recession has been one in which many organizations have struggled to survive – in 2013 alone, 34,892 companies nationwide closed their doors and packed up their offices, and in 2012 these numbers were higher with 42,008 businesses declaring bankruptcy. But despite these wavering financial times, NTC (Nationwide Title Clearing, Inc.), a leading research and document processor for the mortgage and financial industry, has seen its business grow steadily year after year – a trend which has not only inspired confidence throughout, but also earned the company an inclusion on the Orlando Business Journal’s Florida Fast 100 list.
NTC comments on best practices to stay in compliance with the August 2014 CFPB bulletin on mortgage servicing transfers.
Palm Harbor, FL (PRWEB) October 16, 2014
The Consumer Financial Protection Bureau (CFPB), on August 19, issued a compliance bulletin and policy guidance titled: Mortgage Servicing Transfers. The guidance replaces the earlier document with the same title, and directly addresses the highlighted concerns that the transferor and transferee in all transactions involving MSR or whole loan sales are jointly and separately responsible for the integrity of the data and documents of all loans involved in the transfer. The document puts particular attention on loans involved in residential mortgage servicing transfers with pending loss mitigation activities.