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Saturday, May 10th, 2014Nationwide 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.
Inlanta Mortgage Adds Industry Veteran Paul Buege to Ensure Future Growth
Tuesday, November 19th, 2013
Brookfield, WI (PRWEB) November 12, 2013
Inlanta Mortgage, Inc. is pleased to welcome Paul Buege as senior vice president – business development and strategic partnerships to its corporate team. He brings over 25 years of successful strategic and sales management to Inlanta.
In his new position at Inlanta, he will lead the companys development in joint venture mortgage partnership opportunities with leading real estate, builder, and relocation management companies across the United States. In addition, he will manage groups responsible for business alliances, marketing services, service arrangements and sales.
“Inlantas leadership has a strong vision for the company and focus on entrepreneurism. It is a profitable and growing company with tremendous opportunity to expand into new mortgage businesses and markets,” Buege said. “With my diverse mortgage lending background, Im confident I can help the company expand on and profit from its current success. Im excited to be joining a strong senior management team and a company loaded with talented and committed employees, all centered on a positive forward-looking business plan that is truly an exciting opportunity.”
Buege will work closely with President Nicholas DelTorto. DelTorto is looking forward to having Buege, with his extensive knowledge of the mortgage industry, on the Inlanta team.
“We are very excited to have Paul joining our team. He is a highly respected mortgage industry veteran, with a track record of business development and leadership success,” DeTorto said. “I look forward to working with him to continue Inlantas growth and development. Pauls focus on adding new channels of business, quality people, and leveraging our existing footprint will be instrumental in our long term strategic approach.”
Prior to joining Inlanta, Buege worked at Shelter Mortgage as the senior vice president, business development. Before that, he was the president & COO of Universal Mortgage Corporation. He also held senior management positions in sales and secondary marketing with Fleet Mortgage Corporation.
About Inlanta Mortgage
Headquartered in Brookfield, Wis., Inlanta Mortgage was established in 1993. The company has grown to 31 branches in 16 states and over 220 employees. Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as jumbo program. The company is an agency approved lender for Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs.
Inlanta Mortgage was named a Top Mortgage Lender in 2012 by Scotsman Guide and has been listed on Mortgage Technologys Top 25 Tech Savvy Lenders List for the last four years. Inlanta has also been named to the Milwaukee Business Journals “Top 25 Largest Milwaukee-Area Mortgage Banking Companies” and Mortgage Executive Magazines “Top 100 Mortgage Companies in America” in 2011 and 2012. In addition, Inlanta was named a “Fastest Growing Firm” by Milwaukee Business Journal in 2013 and a “Platinum Million Dollar Lender” by USDA Rural Development.
Inlantas mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.
For more information, please call Inlanta Mortgage at 262-439-4260, email info(at)inlanta(dot)com or visit the companys website at http://www.inlanta.com. For more information on branch partnership opportunities with Inlanta Mortgage visit http://www.inlantapartners.com or email partners(at)inlanta(dot)com.
The Real Estate Industry Escapes Collapse – For Now
Tuesday, November 5th, 2013Seattle, Washington (PRWEB) October 18, 2013
The pillars of the real estate industry, the FHA, Fannie Mae and Freddie Mac and even the IRS were close to a non-functional state due to Congress’s actions. Most residential loans need a verification of income. During the government shutdown lenders were no longer able to rely on the IRS to produce these. Without income verification, lenders cannot fund new home loans. The FHA guarantees about one third of all mortgage loans. It was operating with a 90% staff reduction. Many lenders rely on Fannie Mae and Freddie Mac to buy their loans. A high percentage of loans in America rely on these lenders as well. Because they are government backed mortgage companies the shutdown wouldve meant a stop to buying loans.
Brokers at Skyline Properties, Washington’s largest independent real estate company, had started calling clients to inform them their loans would not be funded on time. Skyline closes about 260 sales each month and expected that number to begin to fall dramatically and immediately if the government shutdown had not ended. Scott Hotes, managing broker of the Northgate office, opened an email for his client last week, which read, “Because of the government shutdown there is no telling when your loan will be approved. We cannot move forward until the government processes resume and they approve the amount requested.”
Real Estate brokers and lenders all over America were making these calls to their clients. The domino effects of this would have been rippling through the economy. Builders, lenders, real estate brokerages, escrow companies, title companies are just the first that faced laying off workers or temporarily shutting down.
According to Ron Hennig, Skyline’s owner, Congressional idiocy must end immediately. The real estate industry is a huge driver of our economic recovery and it is teetering on disaster. They have caused great damage already and must step back from the abyss. The deal on Wednesday went through but will it bring us to the same situation in January?
About Skyline Properties Inc.
Skyline Properties is the largest independent real estate company in the Northwest. They have approximately 650 brokers who work out of 5 Puget Sound locations. Skyline is involved in 1 in 10 transactions in the Greater Seattle area and this December will be celebrating 25 years in business.
My Florida Property Store Announces Industry Leading Personalized Real Estate Service
Friday, November 1st, 2013
Orlando, FL (PRWEB) October 17, 2013
Leading Central Florida real estate group specializing in the representation of out-of-state and foreign nationals, My Florida Property Store (MFPS), introduces revolutionary real estate agency structure to help clients fully transition to new lifestyles, investments and homes.
In the overly saturated Florida real estate market, it is tough finding credible agents who are experienced in representing and advising buyers and sellers in real estate transactions from many countries around the world. MFPS caters specifically to those buying and selling, but who reside out-of-state or indeed out of the country. Their motto, Local Focus, Global Market, embodies the philosophy behind this innovative real estate experience.
Unlike most brokerages, MFPSs knowledgeable team is comprised of American, British, Canadian and Chinese associates fully familiar with local customs in multiple countries around the world, which is an essential pre-requisite to communicating detailed local purchase information in an efficient manner. In addition to being familiar with customs worldwide these agents actually live, work, and play in the areas of the properties they are selling. With a network of agents throughout Asia, Europe, and North America, MFPS is capable of assisting clients abroad directly and with professional knowledge of all requirements, whether required by the city, state, country or even that of their primary residence.
At MFPS agents operate as a team to provide truly personalized and individualized care. Each member is assigned responsibilities based on their area of expertise. Instead of juggling multiple tasks, MFPS agents hone in on one craft and become experts in that area. Unlike other firms where agents regularly compete against each other for sales, the overall structure of My Florida Property Store promotes an environment in which all agents work toward the common goal of providing the client with a seamless real estate experience.
Clients always comment on the professional look and transparency of our business cards. This sets our business model in the clients hand from the very start and many comment how our structure varies from others brokerages theyve dealt with previously. We actively communicate with our clients via their preferred method of contact, while always doing so, in what is truly their best interest. This allows us to introduce clients to associate services, who are genuinely the premier vendors within their respective businesses, unlike many one-stop shops, where the focus is on the parent company, says My Florida Property Store CEO Garry Walmsley.
My Florida Property Store offers each and every client a personally tailored, full-service real estate experience without sourcing, finders or transaction fees. This individualized service coupled with highly qualified staff and proven network of professional associate companies are part of a magnificent formula that has reshaped the Florida real estate market and will continue to improve service levels within the real estate industry.
In addition to the services discussed above, MFPS has proven and professional relationships with specialized affiliate companies to supply clients with all the services that are required to purchase and operate any property in Florida successfully including: accounting, bank account set-up, foreign exchange, interior furnishing & design, mortgage origination, property inspection or survey, property management services, taxation requirements.
The purchase or sale of a property does not end with one transaction. My Florida Property Store understands the referral nature of the real estate industry and values the long-term relationships that it builds with each client as a result. MFPS will continue to provide a truly customized service to guide each and every client through the purchase or sales process from beginning to end. Unlike many of the real estate franchises that may have national recognition and draw many average or part-time Realtors
