Nationwide Title Clearing (NTC) Brightens Holidays for Children in Need by Collecting Donations for Annual Toys for Tots® Drive

Mortgage Post-Closing Services Provider’s Palm Harbor Offices Serve as Official Toy Drop Location During Tampa Bay Toys for Tots Campaign

Palm Harbour, FL (PRWEB) December 20, 2011

To support the Marine Toys for Tots® Foundation during the organization’s annual holiday collection campaign, Nationwide Title Clearing (NTC) hosted a toy drop-off at its Palm Harbor offices. This is the second year NTC has served as a collection center for Toys for Tots.

Employees of the mortgage post-closing services provider and members of the community were invited to bring new, unwrapped toys to NTC’s offices, where the gifts were picked up by a local Toys for Tots representative last week in preparation for distribution to underprivileged children throughout Tampa Bay. In addition to the gifts contributed by employees and area residents, Nationwide Title Clearing also donated toys to the cause. Through combined efforts, the drive collected more than 200 toys.

The Marine Toys for Tots Foundation is an IRS-recognized 501(C)(3) not-for-profit public charity, which serves as the fundraising, funding and support organization for the U.S. Marine Corps Reserve Toys for Tots Program. As stated by the organization, the goal of the program is “to deliver, through a shiny new toy at Christmas, a message of hope to needy youngsters that will motivate them to grow into responsible, productive, patriotic citizens and community leaders.”

John Hillman, CEO of Nationwide Title Clearing, noted that NTC shares that commitment to supporting deserving children and families. In addition to the company’s participation in the annual Toys for Tots campaign, NTC has also been involved in other community relief efforts, including last year’s participation in the Homeless Emergency Project (HEP) in Clearwater. NTC employees and management collected items of necessity that were donated to homeless individuals, along with clothing and household goods that were sold through the HEP Thrift Store to raise funds for the organization’s charitable programs. Many NTC personnel have continued the help into this year by volunteering their time to assist in the HEP kitchens, which serve shelter residents in the local area. Other recent NTC projects include collecting used video games and gaming equipment on behalf of a local charity that donates the items to hospitalized children.

While NTC’s clientele in the residential mortgage banking industry are located throughout the country, Hillman explained that the company’s corporate culture is focused on giving back to the community in which the organization and its employees reside. “All of us at Nationwide Title Clearing – from senior-level management to our professionals and support staff – believe it is important to stay grounded in the local community. We’re committed to lending our support to those in unfortunate circumstances and helping them attain a better quality of life,” he asserted. “I believe that philanthropy leads to prosperity; so by helping others in the community, we can make life in the Tampa Bay area better for everyone.”

While the NTC toy-drop collection period ended with last week’s donation pickup, the local Toys for Tots center is also accepting donations online; financial gifts may be submitted via credit card and directed in care of the Marine Reserve Unit in Tampa to support local children.

To learn more about Nationwide Title Clearing, including its mortgage post-closing services and document processing, visit http://www.nwtc.com or call 727-771-4000.

About Nationwide Title Clearing, Inc.
Headquartered in Palm Harbor, Fla., Nationwide Title Clearing (NTC) was founded in 1991 and incorporated in 1992; and has since grown to become the nation’s leading post-closing services provider for the residential mortgage industry. In addition to supporting lenders, servicers and investors – including eight of the top 10 residential mortgage servicers in the country – NTC also contracts directly with several federal government agencies. The company’s land records and document experts are able to track and fulfill county document requirements for more than 3,600 recording jurisdictions nationwide, and have considerable experience with state notary laws and valid execution practices. NTC specializes in processing lien releases, assignments, Mortgage Electronic Registration System (MERS®) services, final documents, document retrieval, title searches, title policy retrieval, title policy replacement, capital markets/hedge fund bundled services, imaging and other custom business solutions. For more information about Nationwide Title Clearing, visit the company’s website at http://www.nwtc.com.

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Illinois Attorney General, Lisa Madigan, Press Release from May 2011

May 25, 2011

MADIGAN ISSUES SUBPOENAS; WIDENS ‘ROBOSIGNING’ PROBE Chicago — Attorney General Lisa Madigan today expanded her investigation into “robosigning” practices, issuing subpoenas against two national mortgage servicing support providers. The subpoenas are the latest effort in Madigan’s ongoing probe into the fraudulent practices used by banks and other mortgage institutions that contributed to the collapse of the U.S. housing market and the subsequent global financial crisis.

Madigan issued subpoenas against Lender Processing Services Inc. and Nationwide Title Clearing Inc., two Florida-based corporations that provide “document preparation services” and other loan management services to mortgage lenders for use against borrowers who are in default, foreclosure or bankruptcy.

“Foreclosure became a rubber-stamping operation that robbed many homeowners of the American Dream without a fair and accurate process,” Attorney General Madigan said. “I will not relent in my investigation into the fraudulent practices by lenders and others that caused and exacerbated the mortgage crisis and the resulting massive foreclosure crisis.”Lender Processing Services (LPS) provides loan servicing support for more than 50 percent of all U.S. mortgages. More than 80 financial institutions use LPS to service more than 30 million loans. These loans have an outstanding principal balance exceeding $4.5 trillion.Nationwide Title Clearing (NTC) provides a range of mortgage loan services to eight of the top 10 lenders and mortgage servicers in the country. NTC specializes in creating, processing and recording mortgage assignments, which are often needed for a lender to foreclose on a borrower.

Madigan will investigate reported allegations that LPS and NTC engaged in the practice of “robosigning” legal documents filed with the court to foreclose on borrowers. Robosigning occurs when an individual has no knowledge of the information contained in the document and often doesn’t even read or understand the document that he or she is signing. The use of robosigned documents was pervasive as lenders foreclosed on borrowers’ homes. The probe will also include a complete review of the accuracy of the systems and services that LPS and NTC provide to the large lenders including servicing platforms, foreclosure attorney interaction with these platforms and the assignment of mortgage process.

Attorney General Madigan said former employees of LPS, NTC, or former employees of any residential mortgage servicer or bank who have knowledge of any unlawful practices relating to mortgage servicing or the execution of documents should call her Homeowner Helpline at 1-866-544-7151 to aid in the investigation.

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4closureFraud.org

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Bonus Relevant Document From a Herkimer County, NY Clerk of Court

08 17 11 NY Herkimer County Clerk MERS Assignments