Category: Business Profile

Nationwide Title Clearing, Inc. the Ultimate Document Provider

Nationwide Title Clearing, Inc. is a national wholesale document provider that is a leading force in the industry. They were established in 1991 as a small local title company and are today one of the largest in the industry. The are located in Palm Harbor, Florida and employ over 600 employees in three states.

 

Eight out of the of the top retail mortgage and title companies who are involved with property closings rely solely on Nationwide for their documentation needs, and rightly so. The mortgage industry is highly competitive, and the two most important factors are the speed of the delivery of the documents, such as lien releases and title verification are important. Also, the accuracy of these documents is extremely vital because the wrong documents can shut down a closing session on a piece of property.

 

Nationwide has a .78% rejection rate and a 99.89% rate of compliance. This means that the accuracy and the speed of delivery are nearly 100% on both counts, which leads the industry.

 

Much of the credit goes to the employees and the training that they receive. New employees have an intensive three-week training period where they cover every detail of what they will be doing when they are on the job. Then when they are in their first few months of working, they are monitored very closely until they master the tasks at hand.

 

Employees also have over 150 training and educational modules that are available to them. Employees can take advantage of these extra learning courses to advance withing the company. Time is set aside for anyone who wishes to participate. At any given time approximately 50% to 70% of the workforce is found to be involved in these extra pursuits.

 

Nationwide enjoys and enthusiastic workforce, and it is a company that people enjoy working for. This is brought out in the Top 100 workplace to work recognition, which Nationwide has been a part of for the past five out of six years, as noted by the Tampa Bay Times.

 

As John Hillman, the company CEO puts it, compliance is something that companies in our industry talk about a lot, but some don’t live it. To have high marks in the compliance area, you have to train for it and then publically monitor it so that it becomes a part of the corporate culture. Then and only then, will it finally become a fact of life.

 

The Philanthropic Efforts of Eric Lefkofsky

In this age of technological advancements, there seems to be a trend among entrepreneurs and successful technology company founders towards being more philanthropic. However these efforts aren’t only being followed by the tech industries leaders like Bill Gates, Elon Musk, or Eric Lefkofsky but also by leaders in other industries like Warren Buffet and David Rockefeller.

 

The Giving Pledge

 

The campaign, The Giving Pledge, is dedicated to getting wealthy people around the world to donate a majority of their wealth to philanthropy during their lifetime or upon their death. In Decemeber of 2013, Eric Lefkofsky and his wife Elizabeth Lefkofsky pledged to give away $1.5 billion of their wealth adding their names with over 150 other wealthy philanthropists from around the world. To date, The Giving Pledge has amassed a total pledge amount of around $731.8 billion from over 150 different wealthy philanthropists around the world.  Check investor.groupon.com for more related postings.

 

Eric Lefkofsky and his wife Elizabeth Lefkofsky pledged that amount in 2013, but this is no new area for the couple. In 2006 the couple founded a charitable trust, The Lefkofsky Foundation, which provides support to multiple areas and initiatives across the United States ranging from Health and Education, to Arts and Human Rights. The Lefkofsky Family Foundation has helped over 50 organizations in these areas.  Based on chicagobusiness.com

 

The Lefkofsky Family Foundation

 

The foundation has been involved with a lot of efforts in Chicago particularly but is not limited to working with organizations in that area alone. Eric Lefkofsky and his wife Elizabeth Lefkofsky founded the charitable trust, The Lefkofsky Family Foundation, in 2006 which focuses on initiatives in the following key areas:

 

  • Access to Quality Education
  • Improve Fundamental Human Rights
  • Advanced Innovative Medical Research
  • Expand Cultural Initiatives

 

Some of the most recognizable organizations that The Lefkofsky Family Foundation works with are organizations such as Planned Parenthood, Stanford Medicine and Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins. The Lefkofsky Family Foundation has also helped with the John F. Kennedy Center for Performing Arts and the Art Institute of Chicago.

 

For a full list of all the organizations and institutions The Lefkofsky Family Foundation has worked with,  you can visit http://www.lefkofskyfoundation.com/