Nationwide Title Clearing, Inc. (NTC) celebrated its 25th year of service in the U.S. mortgage lending industry on Jan. 13, Wednesday. To celebrate this milestone, NTC CEO John Hillman shared a short retrospective, which was posted on the company's blog.
Hillman's retrospective highlighted some of the company's achievements through the years. Hillman also shared the strategy that NTC will follow to succeed further in the mortgage lending industry.
Hillman said that the company will not deviate from its founders' core beliefs and values that treat profit as a reward rather than the goal.
"The formula is simple; we spend a tremendous amount of time and care for our team members and in turn they help us focus on what our clients' needs are. Everyone wins. We are ready to embrace a new year with our friends, vendors and clients," Hillman stated.
He believes that the 25 years of the company proves that NTC has been adding value to all its clients. He also complimented NTC's exceptional team. Under his leadership, he said NTC is prepared to excel further this 2016, especially in helping their clients remain compliant.
As a leading post-closing services provider, NTC has catered to the needs of U.S. largest financial institutions, as well as other investors and servicers.
NTC, as a company, was founded in 1991 and was formerly known as California Title Clearing, Inc. In 1992, it was able to close a deal among other known national clients and then was rebranded as Nationwide Title Clearing, Inc. Since 2002, the company has been based in Florida.
It was in 1994 when NTC decided to add a lien release research, as well as title policy and document retrieval services. In 2006, it established a network of law practitioners, who can resolve state specific concerns.
The company also added file audit and remediation services in 2013. In 2015, it recorded 70% in e-recoding.