:: Loan Modification Services

In today’s marketplace many loan servicers are involved in efforts to keep their customers in their homes through loan modifications and other programs. In response to this industry trend, Nationwide Title Clearing offers loan modification service that includes tax and owner searches, subordination delivery, loan modification recording and title product procurement to assist servicers with this process.

We offer fast and timely loan modification services at cost effective rates. Partner with us and we’ll handle the necessary paperwork and details so you can focus on your core business. The following services can be easily customized to suit your specific process.

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Loan Modification Services Include:

  • PROPERTY TAX SEARCHES:
    • Property data received and accepted
    • Property tax search completed
    • Results reported to client
    • Regular order status provided

  • CURRENT OWNER LIEN POSITION SEARCH

    • Property data received and accepted
    • Lien position search completed from the last property owner transfer date forward
    • Results reported to client
    • Order tracking from start to finish

  • SUBORDINATION DELIVERY

    • Identify entity and authorized contact
    • Obtainment of verbal concurrence
    • Facilitation of the execution of the subordination
    • Record and track subordination

  • LOAN MODIFICATION RECORDING

    • Loan Modifications in recordable form received
    • Loan Modifications, recording fees and applicable taxes prepared and forwarded
    • Confirmation of recording and/or Loan Modifications tracked and/or imaged
    • Recorded Loan Modifications shipped as instructed

  • TITLE PRODUCT PROCUREMENT

    • Facilitate ordering necessary Title Products
    • Administer acceptable Title Product
    • Obtain endorsements as required

    Benefits of Loan Modification Services:

  • Peace of mind in knowing your loan modification process will be properly completed.
  • Through process to ensure the loan modifications are prepared accurately.
  • Tracking and imaging of documents from start to finish.
  • All of NTC’s services include custom integration with client systems, as available.
  • Many clients do not have a solution in place to accommodate this workload and experience relief from no longer having to deal with staff training and personnel management to account for highly fluctuating volumes.
  • Online web tools for reporting, status and images of recorded documents.