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DS News February 2020

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM 61 Best in Servicing Tools Guide SPECIAL ADVERTORIAL SECTION NATIONWIDE TITLE CLEARING, INC. CORPORATE DETAILS: 2100 US-19 ALT, Palm Harbor, FL 34683 | NWTC.com COMPANY DESCRIPTION Nationwide Title Clearing, Inc. (NTC) is a leading document-processing and research service provider to the residential mortgage industry. As the firm has expanded its services to the nation's top mortgage lenders, servicers, investors, and custodians, it has made significant contributions to the industry and its local community. COMPANY HISTORY Founded in 1991, NTC was originally established to provide lien release processing and research services. Over the past 28 years, NTC has grown into a company that employs over 450 people with corporate offices in multiple states. KEY FEATURES & BENEFITS » 29 years' expertise, experience, and partnership building » An unrivalled array of industry best practices » Proprietary document review and execution technology » More than 70% eRecord Coverage » 70% to 80% in-house county record research coverage (non-abstract) » Nationwide abstract network across all recording jurisdictions » Reject/error rate of less than 1% year-over-year » Mortgage servicing platform integration » State compliance maintained at over 99.8% » PerfectDocs—document creation platform » Servicing, custody, secondary, and capital markets expertise COMPETITIVE ADVANTAGE NTC is one of the largest privately held companies in our industry that is focused on providing quality solutions, not just services. True subject matter experts with more than 200 years' combined experience, NTC partners with clients to build processes that are most important to their needs. ADDED VALUE » One Stop Shop: NTC has successfully established a Life of Loan service platform that is built upon expertise, knowledge, and experience that reduces redundant tasks, controls data entry points, and is paperless after the first touch of the actual collateral, regardless of how many times a loan may have changed hands amongst our various clients. » Flexibility: With an in-house technology infrastructure and key project management, NTC can easily integrate solutions into client-defined processes. » Capacity: NTC manages up to 150% capacity at all times with cross-trained experts and multiple working shifts to accommodate volume influx and new/unforeseen project-based demands. » Efficiency: Efficient processes and effective management allows NTC to keep costs under control and allows every client to operate within budget. KEYS TO SUCCESS NTC partnering with its clients has always been the true definition of our success. NTC has never considered offering "off the shelf" services just to be included on an RFP to be a strong business model. Instead, NTC listens to its clients and becomes part of their team, not just another vendor they have to manage. As a result, NTC has earned the confidence of its customers, which has allowed it to evolve its business and expand its services. As NTC's business is based on relationships, it should come as no surprise that the average tenure of the company's senior management matches that of its largest clients—an average executive tenure of 10 years is a long period of time, and speaks for itself. In addition, NTC's success rests upon: » Stringent quality control » Technology advancements that support strong controls and efficient delivery » Building and maintaining strong strategic relationships INDUSTRY AWARDS, ACCOLADES, AND MILESTONES » Inc. 5000 company » Tampa Bay Times Top 100 Workplace » Tampa Bay Business Journal Fast 50 » Tampa Bay Business Journal Top 200 Private Employers » Florida's Fast 100 Awards List » Inc. Magazine Hire Power Award » Stevie Awards for Sales and Customer Service KEY PERSONNEL John Hillman CEO Michael O'Connell COO Greg McCoskey Lead General Counsel Danny Byrnes VP Sales & Marketing Tracey Tran VP Technology STAFFING Number of Employees: 450-plus Contact Info: Jason Medeiros 800.346.9152, ext. 310 Jason_Medeiros@NWTC.com GEOGRAPHICAL SCOPE: NTC provides services throughout the entire United States, Puerto Rico, and the Virgin Islands from primary service centers located in Palm Harbor, Florida, and Dallas.

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