The Nationwide Title Clearing, Inc. is an expert in providing research as well as document service. They have been in this field for 25 years now. They are providing services to the largest financial institutions of the industry. Their reports are used for record purposes in nearly 3600 county jurisdictions all over the country.
The documents provided by Nationwide Title Clearing are known for their high level of accuracy. Hence these are used by homeowners as well as financial institutions. These are used for preserving the land records of the country too.
Nationwide Title Clearing does a thorough research. After that it prepares the Assignment Verification Report (AVR). This will be a complete report on the subject mortgage that is prepared after scrutinizing all the land records closely. All the recorded documents that form a part of the assignment chain are also researched well.
The Assignment Verification Report will list the current beneficiary of the mortgage. It will also clarify if the mortgage has been released or it has been foreclosed upon. The report will include any problems that are present anywhere in this chain.
Nationwide Title Clearing provides the option for ordering the Assignment Verification Report online in case of residential properties. These can be located in any part of the country. This allows for fast transactions with a minimal amount of time and effort being involved in ordering this report.
This report by Nationwide Title Clearing is important for mortgage lenders as well as for investors. They are able to check the reliability of their acquisitions this way. In addition, Nationwide Title Clearing provides Mortgage Assignment Services too. They make use of the Assignment Verification Reports in order to ensure that the loan transfer takes place in a smooth manner.
This Report will have a lot of information about the mortgage, such as the loan amount, mortgage date and the recorded date. It will also include the name of the original beneficiary along with the original trustee besides the mortgagor/ mortgagee vesting.
Next, the Assignment Verification Report will also include information about the target mortgage. This would include the assignee and the assignor. It will also have the recorded date as well as recording information.
All the lost affidavits will be indexed and these would be easily found in the mortgage chain. In the same way, all the corrective documents will also be there. Hence it will be a complete and comprehensive document for all the concerned parties.
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