“We help [homeowners] by ensuring the chain of title is unclouded,” Hillman went onto say. “Our PerfectChain℠ service straightens out the missing links in the chain that can cause problems when homeowners try to do anything related to ownership of a property, such as sell, buy, etc. Assignments help homeowners keep the paperwork straight – and when properly done provide transparency as to who owns the mortgage… even though it’s behind-the-scenes.

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Some things you can not just make up…

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Nationwide Title Clearing (NTC) Helps Homeowners and Borrowers by Identifying Cloud on Title of Properties

Mortgage Post-Closing Services Provider NTC Applies Document-Tracking and Land Records Expertise to Safeguard against Mortgage Document Errors thereby Helping Property Owners/ Borrowers

Palm Harbor, Fla. (PRWEB) January 09, 2012

The stigma and general confusion surrounding clouded title have presented a challenge to owners and prospective buyers of real estate properties today – a predicament that has been highlighted in a recent report by David Woolley of Harbinger Analytics Group*. This is a situation that Nationwide Title Clearing, Inc. (NTC) is empowering affected parties to understand and resolve.

As the nation’s leading post-closing services provider for the residential mortgage industry, NTC has united with top mortgage lenders, servicers, investors, GSE’s and federal government agencies to reinvent and standardize the assignment process in order to provide clear and accurate land records – for the benefit of property owners and potential buyers. (An assignment of mortgage is a document that evidences the transfer of a mortgage from one party to another.*)

A proper due diligence on the mortgage documentation is now being required by the OCC (Office of the Comptroller of the Currency) and other federal regulators on all procedures concerning mortgage-related paperwork and signing. For several years, NTC had already been developing a unique system for finding and reporting all recorded documents pertaining to a mortgage and identifying any cloud on the assignment chains. The system, called PerfectChain℠ Assignment Verification, helps mortgage servicers maintain compliance with statutes that are designed to protect homeowners and borrowers – thereby allowing the banks to clean up any prior erroneous documents and prepare accurate documents going forward.

Check out the rest here…

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4closureFraud.org