National Title Clearing, Inc. is a wholesale document company that provides product to retail mortgage companies, lenders, banks, and other companies tied to the retail mortgage industry. It began its existence as a small, local title company and loan processor and today is one of the fastest growing document providers in the United States.
Nationwide is located in Palm Harbor, Florida and has over 600 employees working in three separate states. There is also a large data center in Dallas, Texas. This facility serves as a backup just in case there is a calamity somewhere. This way Nationwide would survive a major electrical outage or some other cataclysmic event.
Nationwide can reach out to all of the counties and jurisdictions in the United States where documents are stored. The true test of a document providing organization like Nationwide is to measure how fast documents can be found and delivered to the client, and then how accurate the document is when it gets there.
Nationwide is at the top of the list when it comes to excelling in these two categories. The compliance or delivery rate of Nationwide is around 99.9%, and the failure rate is less than 1%. These numbers are unheard of in the industry they are so high. They translate into meaningful prose when one realizes that Nationwide delivers all of their documents very quickly and accurately nearly 100% of the time.
Picture yourself at the closing of your dream home. When the attendant brings out the files for the closing, she looks at the file for the lien and titles and discovers that they are missing. Imaging the frustration on everyone’s faces. The closing will have to be postponed due to the missing documents. The same would be true if the documents were inaccurate. You might even consider working with someone else or abandoning the purchase of your house until another time.
Nationwide has invested in their personnel and the proprietary technologies to the greatest extent. These factors make things run smoothly and enables the product to be delivered at half the price of the competition.
Nationwide has streamlined the process, brought down the prices, and enabled the path for growth to be laid. 25 years is not a very long time regarding years that companies rise and fall, and in the eyes of CEO John Hillman, the best is yet to come. The company has just started its next phase of taking advantage of all that has been built up to the present. That is the platform that will spur further and greater growth shortly.