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Nationwide Title Clearing Contributes to Ongoing Conversation on Compliance Nationwide Title Clearing, Inc. (NTC), joined other firms in Las Colinas, Texas, at the Five Star Institute's second annual MPact conference. As a long-time player in the mortgage industry, Florida-based NTC attended the event to keep up on important issues and to add the company's voice to open discussions focused on the changes and challenges facing the mortgage landscape today. Representing NTC at MPact were Debbie Lastoria and Joellen Raiti, both VPs. Their topics of concern dealt largely with compliance, regulation, and risk management. "We are obsessed with quality control and compliance, so attending the conference gave us an invaluable opportunity to listen to the issues that the industry is facing directly from industry leaders," Raiti said. "Our process for compliance has always been a collaborative effort with fellow industry leaders, governmental entities, and our clients—we seek out feedback in order to streamline our procedures," Raiti added. Out of NTC's client base, eight are listed among the top 10 largest residential mortgage servicers in the country, and the company has worked closely with them for years to help standardize industry document processes and procedures. These ongoing efforts have helped contribute to NTC's success and earned the firm recognition from business publications such as Inc. Editor's Note: MPact is hosted by DS News' sister publication, MReport, and parent company, the Five Star Institute. STAT INSIGHT REO inventory held by Fannie Mae and Freddie Mac in Texas at the end of 2012. Source: Federal Housing Finance Agency 108 Utah rank: 32 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.5% Unemployment Rate 1.8% 4.9% year ago 2.8% "Experience 2.2% 5.8% year-over-year change -8.5% -21.4% -15.5% Top County is the Difference" 90+ Day Delinquency Rate JUab CoUnTy Foreclosure Rate March 2013 1.5% 3.0% year ago 2.2% 3.1% year-over-year change -31.2% Servicing all of Central Texas -3.7% Top Core-based Statistical area Cedar CiTy, UT 90+ Day Delinquency Rate Foreclosure Rate March 2013 3.1% 2.8% year ago 3.6% 4.3% year-over-year change -13.0% -34.3% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Vermont rank: 10 90+ Day Delinquency Rate » All Licensed Real Estate Team Approach » REO Sales Experts » BPOs » In-House Legal Department » Oversee Trash Outs » Cash For Keys » Evictions » Bids & Repairs www.HouseGals.com Michelle Sheehan, Broker 512-251-4950 (Direct Line) HouseGals@gmail.com 1420 Hwy 685 Pflugerville, TX 78660 512-989-1094 (Fax) The "Original" HouseGals Foreclosure Rate March 2013 1.7% Unemployment Rate 4.0% 4.1% year ago 1.6% 3.8% 4.8% year-over-year change 9.2% 4.6% -14.6% Top County Orleans COunTy 90+ Day Delinquency Rate March 2013 2.4% Foreclosure Rate 6.3% year ago 3.1% 5.2% year-over-year change -22.3% 20.1% Top Core-Based statistical area BenningTOn, VT 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.0% 5.8% year ago 2.4% 5.3% year-over-year change -17.0% 10.3% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics.