Nationwide Title Clearing, Inc. Leads the Land
Nationwide Title Clearing is one of the foremost wholesale document providers in the United States. The company was established in 1991 as a smaller, regional title company that processed documents for local lenders and mortgage companies. Eight out of ten of the top lenders and mortgage companies in the country uses them for their primary document source.
Nationwide has access to every county and jurisdiction in the country, which covers over 3,600 entities, where the originals of the necessary documents are stored. Many of the customers of Nationwide have electronic access to the proper documents by using their security codes. This makes for faster and more accurate document retrieval for their closing appointments and meetings.
Nationwide has over 600 employees located in three different states. There is a facility in Dallas, Texas that houses a backup facility just in case there is an emergency, and the computers in the home office in Palm Harbor, Florida goes down. If that were to occur, the company would not miss a beat due to the Dallas facility taking over immediately.
The hallmark of a document processor is the speed and the accuracy with which the documents can be processed and delivered to the required destination. Nationwide has a compliance rate of 99.98% and a failure rate of only .78%. These are important figures because they measure success in delivery. These figures show that nearly 100% of everything is being delivered accurately and with great speed.
The employees of Nationwide deserve much of the credit as far as these amazing statistics shine at the top of the industry. Employees receive ongoing training and reviews in addition to their initial training when they come on board. They also have additional training modules that can be utilized for further advancement in the company and from 50% to 70% of the workforce is involved in the additional training at any given time.
Danny Byrnes who is Vice President for Sales with Nationwide said in a recent video that nationwide has had to study the subtleties and nuances of the maintenance of a national abstractor network, and investments had to be made in a big way to reach the next level of competence and delivery standards. The investment in technology has made the difference in the delivery of the product at the lowest costs and efficiencies, and that is the secret to the providing of the service on a high level consistently.