Paper has been part of the home finance process since the beginning, but over the past 20 years technologists have been working alongside mortgage lenders to take paper out. As the industry ramped up to the historic mortgage boom that brought us out of the last century, loan files grew to three-inch thick manila file folders, filled with documents. It was enough and lenders began, in earnest, to adopt electronic processes.
Nationwide Title Clearing, Inc. (NTC) offers the most comprehensive and cutting-edge approach to electronic recording available in the mortgage service industry. We are able to do this by maintaining an advanced in-house system that rapidly submits documents for eRecording at the county level through exclusive and meaningful electronic recording partnerships as well as direct to county methods.
Our eRecording services are a standard value added feature included in every service that includes county recording, such as Assignment Processing Services, Lien Release Processing and Loan Modification Recording Services. This process often costs less than typical postage costs. We also furnish electronic recording as a stand-alone service for processing documents in counties/recording jurisdictions where electronic recording is enabled.
NTC has maintained complex, professional partnerships that fully integrate our own advanced document processing with the advanced electronic recording methods available in most counties. By using this process, we are able to give our clients significant savings while also cutting time investment in gathering and completing recorded documentation. Overall, the electronic recording process simplifies everything and reduces the time, effort and cost that typically goes into submitting paper documents for recording such as printing, paper, postage, mailing, envelopes, recording fee-checks, etc. – ultimately giving our clients the ability to eliminate most of the industry red tape.
Contact Nationwide Title Clearing, Inc. for a current list of counties offering electronic recording and information on improving the speed and accuracy of your own recording needs.
BENEFITS AND FEATURES:
Substantial savings in the time invested in both delivery and handling of recording documents.
NTC delivers the electronic documents directly to the county recorder through our partner electronic recording system.
Lower shipping costs when sending the documents electronically, eliminating postage costs completely when available.
Our proprietary online reporting features, coupled with our electroinic recording services, give our clients access and control to files through our secure NTC website, offering a level of service not offered by most in the industry.