Posts in Category: Business and Finance

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.

 

Today’s Capital World: More Changes and Demands

EQUITIES FIRST HOLDINGS is a one of a kind company that offers wonderful solutions for alternative capital. In fact, they have done so for years. They truly are one of the best to work for or work with, on a global scale as a whole.

EQUITIES FIRST HOLDINGS was begun in 2002. It has been up and running well since. Its headquarters are currently located in Indianapolis, IN.

EQUITIES FIRST HOLDINGS has just recently noticed a quite interested growing trend in the world of loans and capital. I quote a fantastic source which speaks more on the matter. Here it is:
“While some options still exist for these individuals, recently, many banks have cut their lending options for borrowers, tightened loan qualifications, and increased interest rates. Al Christy, Jr., Founder and CEO of EFH, sees loans collateralized by stocks as an innovative borrowing alternative….”

More traction is noticed, accord to the company, in terms of loans which are stock based and margin based. This is not to mention, in an age in which banks and other institutes of finance and money have tightened their grip on everything….including all loans. One must take note.

Criteria for taking out a loan is most certainly not as easy or forgiving as it once was. The world has certainly changed. Along with such changes may also come the opportunity for an individual to be more realistic and responsible on the whole….which is not such a bad thing in itself, when you really stop to evaluate where we stand as a globally connected economic society.

These borrowing individuals still have other options, of course. Yet not many have noticed that banks have become a bit more strict in this respect. The banks themselves are offering less and less for this; at least, many banks are.

For example, options on loans for those who borrow have become less. Qualifications for approval have no doubt become tightened more and more. Interest rates have only increased in addition to this. One need be far more wise and careful in today’s day and age.