Nationwide Title Clearing, Inc. was established in 1991 and is located in Palm Harbor, Florida. It is the nation’s largest wholesale document processing company turning out more title verifications, lien releases, and other necessary items for mortgage processing than anyone. Eight out of the top ten retail mortgage and title companies in the United States rely on Nationwide to be their primary source of documents.
Nationwide has access to every county and jurisdiction in the United States that stores property records, some 3,600 plus locations. They can even find records in manilla file folders that are kept in metal filing cabinets.
If you have every been involved in a property closing, you know that documents such as a title verification, lien releases and other documentary evidence that the property is clear and transferable are required for sale to go through.
Nationwide’s employees are the best of the best. First of all, a careful screening is applied to all candidates, and people are chosen according to their probability of becoming successful at their job at Nationwide. Once they are hired at Nationwide, they are put through an intense three-week training. After that, they are shadowed by a supervisor until they have mastered the tasks at that level.
Employees then have over 150 additional training courses that they can take. Some of these modules can take a few months to complete, but the employees can take these courses on a voluntary basis. They are helpful for their advancement and time is set aside for them to work on these. At any given time, 50% to 70% of their workforce is involved.
For the past five out of six years, Nationwide has been chosen by an independent firm as one of the top 100 places to work as evidenced by the Tampa Bay Times. People like to work at Nationwide, and not many of them leave. The skill and dedication of the employees is a large factor in the company’s success.
Nationwide has some of the most incredible statistics in the industry. Their failure rate is only.78% which means that they find nearly 100% of the documents that they are looking for. The compliance rate is 99.98% which means that they are almost 100% accurate in what they find.
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