Posts Tagged ‘eRecording’

Grundy County, Tenn., Begins E-recording with Simplifile

Tuesday, July 22nd, 2014


GRUNDY COUNTY, Tenn. (PRWEB) July 18, 2014

Electronic recording of documents in Grundy County, Tenn., is now available through Simplifile, the nations largest e-recording service, providing customers with a faster, more efficient method for land document recording.

I am a firm believer that as a public servant, we should strive daily to make the office of Register of Deeds the best that it can be, for the land owners and those that represent them. I see e-recording as the next big thing in improving recording in Grundy County, said Grundy County Register of Deeds Gayle Vanhooser.

With e-recording available, recording customers such as title companies, banks, and attorneys will be able to electronically scan, upload, submit and track the status of documents sent to the county for recording via the Internet. Once the register of deeds office receives the documents online, they can then quickly record and return them back to the submitter through Simplifile.

The Grundy County land owners will benefit from e-recording in multiple ways, Vanhooser said. First, the check and balance system that our computer vendor has put into place will assure that all e-recorded documents will be accurately recorded. Accuracy is one of the most important factors in the recording process. Second, the land owners and those that represent our land owners will find that in a real estate closing or loan closing, documents can be recorded within a matter of minutes versus the three or four-day process that was involved with mailing the documents and then waiting on the return mail.

Even with overnight service, this could still mean several days in time savings at that most crucial time of closing on a real estate sale or loan closing, she added. My goal is to always provide the best possible service for the land owners of Grundy County, and I hope that offering this service will help with the recording process for our customers.

Other benefits of e-recording include fewer payment errors, increased document security, and less overall paper waste.

Grundy County is the 21st Tennessee e-recording county to adopt Simplifiles e-recording service.

For more information about e-recording in Grundy County, Tenn., call 800-460-5657 or visit simplifile.com.

About Simplifile

Simplifile is the nations largest and fastest-growing e-recording service provider. Simplifile supports thousands of e-recording customers including title companies, banks, attorneys, lien filers, and other organizations that create and submit documents to more than 1,100 local, state, and federal government jurisdictions. Simplifiles electronic document services save time and the expenses associated with traditional document submission methods. Simplifile is focused on building the industrys largest and easiest-to-use e-recording service for organizations of all sizes. More information about Simplifile may be found at simplifile.com or by calling 800-460-5657.

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Nationwide Title Clearing, Inc. (NTC) Executives Attend PRIA Winter Symposium, Name eRecording as Key to Industry Compliance

Saturday, April 26th, 2014


Palm Harbor, FL (PRWEB) March 31, 2014

Officials from Nationwide Title Clearing, Inc. (NTC) recently attended the Property Records Industry Association (PRIA) Winter Symposium held in Arlington, VA on February 26-28. NTC, a leading research and document-processing provider for the mortgage and financial industry, was represented by Myron Finley and Brian Ernissee, who were among top mortgage industry leaders and county recording officials who attended the conference.

PRIA, an organization which develops and promotes national standards and practices within the land records industry, holds annual conferences with a goal of providing a venue for industry officials to discuss how to meet local needs with national knowledge. Finley, NTCs Chief Legal Officer, represented the company along with Vice President for Regulatory Compliance, Ernissee, who spoke on a panel at last years conference entitled eRecord from a Submitters Perspective. At the time, eRecordingthe process of filing and recording documents via the Internet as opposed to paperwas a relatively new process, and Ernissee backed initiatives to improve upon the practice and make it widespread, drawing upon NTCs 20 years of experience with property documents.

Several well-regarded speakers were featured at the conference, including Kenneth Gronbach, an expert in demographics and generational marketing, as well as Rob Chapman, President of American Land Title Association (ALTA). Gronbach presented two sessions wherein he looked at the future for the real estate industry, from both a macro and micro perspective, with a special focus on facilitating an understanding of Americas shifting demography and the related opportunities and challenges. Chapman was the featured speaker at the Thursday, February 27, luncheon and spoke about the development of ALTAs Best Practices and their impact on the title industry. According to Finley, both speakers presentations further solidified the importance of adapting industry standards to fit the new compliance landscape; eRecording, in particular, is a major component of best practices, per Finley.

A significant amount of the liability in the industry exists in the gap between the closing of the loan and recording of the documents; thats why eRecording is so important in our industry, Finley said. In our increasingly digital society, an entirely paperless process is the next logical step in ensuring accuracy, as well as compliance.

eRecording differs from traditional recording methods because the original documents never leave ones possessionthey are scanned and submitted within minutes, and are then returned electronically immediately after recording, making processing land records and property documents simple, fast and secure. This process allows documents to be submitted 24/7, and is cost-effective, reducing paperwork.

Finley, who also serves as co-chair of PRIAs Business Processes and Procedures Committee, stated that the conference provided a fresh viewpoint on what is happening within the mortgage industry and the U.S. economy in its entirety; as a result, Finley and Ernissee were able to inform fellow NTC officials about new aspects of the industry, per NTC CEO, John Hillman.

Conferences such as the PRIA Symposium are the perfect forums in which proactive and professional leaders can educate themselves on issues that are impacting our industry, Hillman stated. PRIA sets standards, and that is, to a large measure, what NTC is all about; adopting practices that establish uniformity will help to protect our nations land records, the mortgage industry, and homeowners alike.

NTC, perhaps best known for its expertise in extensive research and document-processing services such as lien release processing, is an advocate for best practices and legislation that standardize the mortgage industry for the betterment of homeowners, land records and the industry at large.

For more information about Nationwide Title Clearing, Inc., including its research and document processing services, visit http://www.nwtc.com.

About Nationwide Title Clearing, Inc.:

Based in Palm Harbor, Florida and founded in 1991, NTC is a privately-owned leading research and document-processing service provider to the residential mortgage industry. NTC services mortgage lenders, servicers and investors, including eight of the top 10 residential mortgage servicers in the country. NTC is known for delivering the highest level of accuracy in research services and quality document processing that set the industry standard while protecting homeowners, assisting the mortgage banking industry and preserving the nations land records. The companys land records and document experts are able to track and fulfill county document requirements in all recording jurisdictions nationwide, which is close to 3,600 different jurisdictions. NTC specializes in providing land records research, property reports, lien release services, assignment services, final document tracking, document retrieval and other custom business solutions. NTCs expansion is tied to their contribution to their industry and their local community, ranking number 26 on the 2013 Fast 50 Awards list of fastest growing companies in Tampa Bay, as well as number 1,900 on the 2013 Inc. 500/5000 list of fastest-growing companies in America, up from number 2,730 in 2012. NTC also won the Inc. Hire Power award for the second consecutive year in 2013 for putting Americans back to work. For more information, visit the companys website at http://www.nwtc.com.







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