Peelle and Nationwide Title Form Alliance

Nationwide Title Clearing is teaming up with Peelle Technologies following the closure of Peelle Management Corp., NTC said last month.

The decision to close Peelle Management was made recently after the death of the company's founder. Remaining Peelle board members decided to focus efforts on the sister company, Peelle Technologies, which provides imaging and document management systems to vertical markets and industries.

Formerly a competitor with Peelle Management, NTC now finds itself in an alliance with Peelle Technologies.

NTC and Peelle Technologies have teamed up to transition former clients and remaining workflow to NTC at the discretion of clients. Debbie Lastoria, a long-time industry executive, has been hired by NTC to serve as vice president of business development as result of the agreement.

"Since Nationwide Title Clearing is the leading outsource provider for the processing of lien releases, assignments and document retrieval in the mortgage servicing industry, it was an obvious choice to take on former Peelle Management Corp. clients and workflow and we are looking forward to the new business relationships," said Jim Stewart, president of NTC, in a news release. "Future collaborations with Peelle Technologies looks promising as well for all concerned as both of our companies have natural synergies that are conducive to long term success."

Dayn Pefferle, president of Peelle Technologies, said the company wants to focus its efforts on its highly successful technologies group.

"Since 1996, Peelle Technologies is the single, most dependable source for document management systems and services for multiple industries including government, manufacturing, financial services, education, health care and transportation. We provide only best-of-breed software and hardware solutions and with our successful, long-term client relationships from virtually every industry segment, we are the leader in our field," Mr. Pefferle said. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com