Outsourcing or hiring in-house compliance mavens are not the one choices for servicers who want assist dealing with lien releases and task of loan paperwork. With the usage of PerfectDocs generation, just about any individual can get ready, validate, execute, notarize or even checklist those paperwork inside mins with out compromising the integrity or validity of the file. National Name Clearing has invested greater than 31 years of enjoy, wisdom and generation into growing PerfectDocs, the primary whole web-based answer that gives each NTC and customers with a “share-the-work” answer.
PerfectDocs supplies for an absolutely paperless procedure any place eRecord is to be had. From when the order opens to the discharge being recorded, customers by no means need to print a work of paper or minimize a test for recording. As an alternative, all execution is safely digital whilst taking pictures the notary log for checklist holding and compliance.
Advantages of PerfectDocs come with:
- Tech-enabled, any place, safe, web-based platform
- Satisfies DRBC necessities
- Compliant with State /County Rules
- Allows operational keep an eye on to stability devices, geographies or mortgage sorts for in or outsource, with out further contracting
- Integrated exception-handling for Complete-Carrier help by means of NTC pros
- Supplies system-of-record for inner and exterior audits
- Regulate and velocity for pressing file manufacturing wishes
Knowledge access is a separate serve as and can also be finished with shopper body of workers or offshore companions. All control queues can assign paintings by means of exhausting states as opposed to simple states or what fits the worker. High quality inspection after information access can also be custom designed to account for brand new staff or mavens with low error charges.
Purchasers the usage of PerfectDocs have a tendency to benefit from the hybrid fashion, which lets them percentage the running surroundings. Whilst purchasers whole orders from begin to end, they at all times have a security internet with NTC to be had to finish orders or items of orders with further services and products. NTC can do the heavy lifting with recording paper releases by means of attaching quilt sheets and recording rate assessments, mailing recorded releases to debtors, or dealing with the cancellations and mailing the unique collateral.
The PerfectDocs platform lets in to be used of NTC’s full-service choices, having the ability to switch paintings to NTC for any explanation why the buyer wishes, corresponding to overflow, industry continuity or crisis restoration.
PerfectDocs is totally compliant with state, county and MERS rules. NTC manages state timeframes for lien releases, information necessities, paperwork and recording charges, so purchasers not must be mavens in that house for over 3,600 recording jurisdictions.
Purchasers can arrange paintings inside the formula by means of compliance time limits or customized SLA necessities calculated at import. If an build up in quantity turns into a subject, they’re ready to push orders to NTC to be processed to deal with total compliance. And to simplify long term auditing necessities, the PerfectDocs formula hosts all knowledge to finish the order, together with a historical past of the order and a picture of the recorded file.
PerfectDocs is the one formula sponsored by means of the similar engine that effectively processes huge numbers of releases and assignments by means of NTC. Rapid state and county updates, in addition to correct recording rate calculations, force NTC’s reject charge of not up to .5%.