Nationwide Title Clearing, Inc. is one of the world’s largest wholesale mortgage document research company, and it continues to set records every day. Established in 1991, the company is located in Palm Harbor, Florida. It employs over 600 people who work in three different states. The company leads the industry in volume and compliance and shows no signs of slowing down anytime soon.
Nationwide is the choice of eight out of ten of the top retail lenders and mortgage companies in the United States. This is a significant fact because the margins for error are very small in a process that could be a very mistake prone business. The sheer volume of documents that are transmitted to clients is huge, but Nationwide has honed the process to nearly zero errors.
Nationwide has a compliance rate of 99.89% and a failure rate of only .78%. These figures are saying that almost 100% of the documents sent reach their destination on time and without error.
One reason for all of this success is the quality of the employees who work for Nationwide. Their training and dedication are remarkable. The initial training that each new employee receives is intense for three weeks, but it continues as they go to work on the floor. A supervisor still monitors them closely until they master the process.
There are also additional training modules that are available for further training. These modules are required for advancement, and up to 70% of the workforce takes part in this level of training. Without the dedication and concentration of good employees, all of the accolades and record-setting performances would be for naught.
John Hillman, CEO of Nationwide recently made an industry-wide podcast where he stated how a good workforce could be trained to think at the highest levels. In other words, you get what you train for and then expect on a continual basis. Compliance is something that is talked about a lot in the industry, but the expectations are not always high enough.
He went on to point out that the mortgage business can be a stressful experience for employees and that Nationwide recognizes this and that there are procedures in place for employees to take short breaks from time to time to have short “time-outs” while someone temporarily “pinch hits” during that time.
Nationwide is very active in the local Palm Harbor and Tampa communities and they participate in various charities such as “Feeding Tampa Bay.” the Ronald McDonald House, Southeastern Guide Dogs, and Habitat Pinellas.
In the recent past, we have studied the relationship between technology and fashion. We also realized that the two industries run in a parallel and seamless manner. For technology to grow, it requests fashion for permission. On the other hand, fashion also requires technology to become adopted on a massive scale in the environment where it belongs. For this reason, the two industries have seen numerous changes growing together. For the wise people, they can denote the act that the two industries have worked to meet the user needs in a factor of consideration. Therefore market stability is one of the best things to talk about during technology and fashion invasion.
According to Chris Burch, When technology grows over time, it is considered as fashionable. As a matter of fact, technology becomes fashionable in a manner that depicts stability in the market value index. Technology always struggles to become fashionable when it grows over time. For this matter, fashion also grows to become technologically fashionable. We will be fascinated to learn that he journey taken by these two industries has come a long way from history. Or this reason, we will take a closer look at how they have managed to keep up with the trace between technology and fashion. A glimpse of the present and past events in these industries will shed light on what we are talking about.
The boom box of the 70s was one of the most exciting facilities that were available to everyone during that time. As a matter of fact, the boom box was the latest technology in music that was adopted on a massive scale. For whatever has that adoption, it is always called fashionable. Therefore, the technology became fashionable because it fascinated everyone. Many people desired to carry around their favorite stations and tunes in a manner that has no depiction of the market stability. In future needs, they will look at the situation affecting the stability measures in this industry. Therefore, working to meet these requirements is the best thing to do in the middle of an economic crisis.
For the boom box, they had two cassette recorders. While you were using the first record o play your favorite music from the tape, you had the ability to use the other side to record the same music playing. For this reason, its use was adopted into the introduction of television in the 80s. The Walkman technology faded away from the use of the boom box in a fashionable manner.