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Nationwide Title Clearing, Inc. Provides the Best of Document Sourcing

Posted by Harvest345 on

Nationwide Title Clearing, Inc. was established in 1991 as a small, local title company and is one of the largest in the country at this stage. They are located in Palm Harbor, Florida, and they have over 600 employees in three states.

 

The have a data center in Dallas, Texas which assures clients that should the main system go down for any reason; there will be enough redundancy and backup capacity for the company not to miss a beat as far as being functional as usual.

 

Eight out of ten of the top retail mortgage and banking companies rely on Nationwide for all of their document processing needs. This is a testimony to the pristine services that Nationwide provides. The ultimate test in the highly competitive document processing industry is the speed of the delivery and the accuracy of the documents that are ordered.

 

When a closing on a piece of property, one misstep could spoil the closing and delay it. Nationwide can reach into every county and jurisdiction in the country that stores and houses the required records. That amounts to over 3,600 separate places where documents are stored and must be accessed at a moment’s notice.

 

Nationwide has a compliance rate of 99.89% and a rejection rate of only .78%. This adds up to the fact that nearly 100% of all actions regarding document retrieval are fast and accurate. It is no wonder that companies line up to use their services.

 

A big factor in the equation is the expertise and the high operating levels of the Nationwide employees who are highly trained initially and with extra training modules that allow additional training on their own. About 50% to 70% of the workforce is involved in the extra training at any given time.

 

Nationwide enjoys excellent employee relationships as recognized for the past five out of six years. The Tampa Bay Times notes that Nationwide has been named for that period as being listed in the top 100 best places to work. Nationwide has been ranked as an Inc. 5,000 for four years since 2012.

 

Nationwide is a privately owned company that is very solid financially and who continuously hones and improves all of their processes. Their clients of investors, mortgage lenders, and servicers all give Nationwide the highest marks in deliverability. The ultimate goal of protecting consumers and the property records of the country is well stated in Nationwide’s mission statement.

 

 

 

Real Estate Company

The Unpaid CRDA $20 million raises queries about New Brunswick Devco

Posted by Harvest345 on

In a report published by pressofatlanticcity.com, the Middlesex Regional Improvement Authority, this previous month, has failed to pay their loan in interest and principal which was $20 million loan that they received from the Casino Reinvestment Expansion Authority.

The expansion Authority, for five years, has been in arrears. It has racked more than $7 million in payments skipped. The 2005-made loan, funded the Heldrich construction, the New Brunswick Conference Center and Hotel that was developed by the non-profit organization by the name New Brunswick Expansion Corporation.

The Company has been touted by the president of the Senate, Stephen Sweeney, as a paragon of what is the result of mismanagement of public funds channeling them to private firms to have them execute large-scale construction. The new outfit of Brunswick is also the very model of the Atlantic City Expansion Corporation, a sister company that is in expectancy of overseeing over $200 million in private and public funding – including new CRDA money worth $19.5 million- for the development of the city’s Chelsea section Gateway Project.

The attorney Chris Paladino chairs both companies. He is the one that arranged the $20 million Heldrich loan. “CRDA will get its payment in due course, but it will take more years than the estimated time,” he said this previous week.

The 235-room Heldrich building, which started its operations in 2007 on the eve of the global economic crisis, has been a struggle to attract more and more customers. This past year, it had its tenancy rate at 63.5 percent, and its largest occupant account came from Johnson & Johnson, whose executives are sitting on the New Brunswick Expansion Corporation as their board of directors.

The hotel is cash-strapped that the company has thought of tapping necessary funds for necessary expenses like carpet replacement and mattress replacement amounting to $776,000.