Nationwide Title Clearing, Inc. Moves to Higher Spot on 2013 Inc. 500|5000 List
Nationwide Title Clearing, Inc. (NTC), one of the country’s top leading service providers to the mortgage and financial industry, made the Inc. 500|5000 list again this year at number 1900 – despite the fact that the nation’s estimated economic growth rate of 1.4 percent so far in 2013 is well below last year’s levels (1). Inc. magazine, one of the few major business magazines addressed solely to CEOs of fast-growing, private companies, unveiled its annual list of the fastest-growing companies in America on August 20, 2013. NTC moved up 830 spots from the position they held last year.
In a sluggish U.S. economy, NTC has managed to maintain company growth—NTC employs over 350 Palm Harbor, Florida residents, and officially met the specific criteria a company must meet in order to be even considered eligible for the Inc. 500|5000 list:
? A company must have generated at least $200,000 in revenue in 2009 and at least $2 million in revenue in 2012.
? Other qualifications include being privately held, for-profit, based in the U.S., and independent (not a subsidiary or division of another company).
The initiative and drive of the NTC workforce is a major contributing factor to the growth of the company. Because of its ability to deliver highly accurate research and timely mortgage documentation, the growing need for stability in the industry has put NTC into a position of leadership and support to its clients, which are eight of the 10 largest banks in the U.S. The company’s advancement of the mortgage assignment chain verification process, PerfectChainSM, is another means by which NTC has been working for years to develop much-needed industry best practices in order to help legislators, mortgage lenders, servicers and homeowners gain certainty and confidence in the real estate market.
“It is very encouraging to be recognized among other nationally-ranked companies on this prestigious list—our employees have been working extremely hard for years to establish and perfect the systems we have in place,” commented NTC CEO, John Hillman. “Collectively, we consider this award an honor and a testament to our hard work.”
NTC, perhaps best known for its deep research capabilities that then allows them to create high-quality mortgage documents in the mortgage industry, has been recognized as an advocate for best practices and legislation that standardize the mortgage industry and ultimately benefit the American homeowner.
The Inc. list debuted in 1981, and companies such as Microsoft, Zappos, Clif Bar, Intuit, Jamba Juice, Zipcar and Oracle gained early exposure as members of the Inc. 500. Through each evolution, Inc. has sought to recognize and to celebrate the creativity, dedication and hard work that entrepreneurs put into building their companies.
As part of the Inc. 500/5000 list, NTC has been invited to attend the exclusive 32nd Annual Inc. 500/5000 Conference and Awards Ceremony, which is an annual three-day event that brings the nation’s brightest, most successful business minds together. The event will be held October 10-12, 2013 at Gaylord National in Washington, D.C. NTC representatives are looking forward to attending.
For more information about Nationwide Title Clearing and its services, visit www.nwtc.com.