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56 Default Title Directory SPECIAL ADVERTORIAL SECTION Nationwide Title Clearing, Inc KEY PERSONNEL John Hillman CEO Michael O'Connell COO Greg McCoskey Lead General Counsel Danny Byrnes VP of Sales and Marketing Debbie Lastoria VP of National Sales STAFFING » 500+ Employees GEOGRAPHICAL SCOPE AND COVERAGE AREA NTC provides coverage nationwide in all 50 states, including Puerto Rico and the Virgin Islands. CORPORATE DETAILS: 2100 Alt 19 Palm Harbor, FL 34683 | 800.346.9152 x 310 | NWTC.com COMPANY DESCRIPTION: Nationwide Title Clearing, Inc. (NTC) is a leading document-processing and research service provider to the mortgage industry. With clients that include the top mortgage lenders, servicers, investors, and custodians, NTC is highly regarded for its significant contributions to the industry, as well as to its local community. COMPANY HISTORY: Founded in 1991, NTC was originally established to provide lien-release services. Now, NTC has expanded to Life of Loan services that partners with the mortgage industry to protect homeowners, while also preserving the integrity of the nation's land records. BUSINESS LINES » Chain of Title Binder Services – NTC's solution to providing a complete collateral review and remediation service, that results in a validation package with supporting documentation that the note holder and lender of record matches the legal/foreclosing entity. » Collateral to Land Records Validation – NTC's AVR product validates at land records that the collateral is current and consistent with land records. » MERS Status/Registration Review – Taking its services one step further, NTC will also validate that the collateral/land records are consistent with the information and status in MERS. » Complete Assignment Chain Verification – NTC reviews the assignment chain to determine the current lender of record as well as identifies any assignment chain issues that may prevent legal standing. KEY FEATURES/BENEFITS NTC's key features and benefits include true subject matter experts, employee loyalty, and effective training programs that are also offered to its clients, stringent quality control, and strong strategic relationships, along with technology advancements that support strong controls and flexible processes. In addition, all services benefit from the efficiency gains below: » Propriety document review and execution module » 70 percent-plus eRecord Coverage » Up to 80 percent research coverage without abstracting » Less than one percent document reject rate » Over 99.9 percent state compliance COMPETITIVE ADVANTAGE: NTC is one of the largest privately-held companies in the industry focused on providing quality solutions, not just services. Resource and technology investments are made with clients' needs in mind and not driven by a parent company's objectives. True subject matter experts with over 200 years combined experience partner with clients to build successful processes that are most importantly governed by stringent quality controls, as well as an independent and dedicated quality inspection team that is maintained at 7 to 10 percent of its overall staff. ADDED VALUE: » Bundled services: NTC has successfully established a Life of Loan service platform built upon expertise, knowledge, and experience that reduces redundant tasks, controls data entry points, and—most importantly—is paperless after the first touch of the actual collateral. » Flexibility: With an in-house technology infrastructure and key project management, NTC can easily integrate solutions into client processes, continuously gain efficiencies, and stay within budget. » Capacity: NTC manages up to 150 percent capacity at all times with cross-trained experts and multiple working shifts to accommodate volume influx and new/unforeseen project demands. » Keys to Success: Partnering with clients has been the backbone of NTC's success. "Off-the-shelf" services, just to be included in an RFP, was never a strong business model. Instead, NTC listens to its clients and becomes part of their team, not just another vendor. As a result, NTC has earned the confidence of its customers, which has allowed the company to evolve its business and expand its services. Being a relationship-based business, it should come as no surprise that the average tenure of NTC's senior management matches that of its largest clients—10 years is a long time and that fact speaks for itself. INDUSTRY AWARDS AND ACCOLADES » Inc. 5000 company since 2012 » Tampa Bay Times Top 100 Workplaces » Tampa Bay Business Journal Fast 50 » Tampa Bay Business Journal Top 200 Private Employers » HousingWire Trailblazer » Florida's Fast 100 Awards List » Inc Magazine Hire Power Award CORPORATE STRATEGIES AND GOALS: NTC is committed to technology investments that enhance and expand upon the services they currently offer to shorten SLAs and trim budgets without compromising quality. This strengthens NTC's position of already being a premier third-party service provider in the mortgage industry. National Coverage Palm Harbor, Florida Corporate Headquarters