A new ranking of the mortgage loan servicers in the United States published by a national mortgage industry trade publication put eight of the top 10 largest servicers on the active client list for Palm Harbor, Florida-based ""Nationwide Title Clearing [1]"" (NTC), a document and services provider for the residential mortgage industry.
The new data regarding servicing industry rankings was provided by SourceMedia, a provider of information, data, and software for professionals in the banking, financial services and related technology markets.
Jeremy Pomerantz, SVP for marketing and sales at NTC, said mortgage servicers rely on the company's products, which are distinguished by NTC's commitment to developing technology platforms, strategic alliances, and expertise in the mortgage business.
He said NTC offers leading technology designed to support lien release management, electronic document recording services, assignments, imaging services, and document retrieval among others--all of which are in high demand in the current environment.
""We're proud to be serving the nation's best servicers, helping them meet these demands,"" Pomerantz said. ""They are being asked to keep borrowers in their homes, but they still have legal requirements to meet for these other servicing needs. NTC is glad it is able to alleviate some of this workload for servicers so they can focus on larger industry concerns.""