Nationwide Title Clearing Growth Explosion Predicted To Benefit The Residential Mortgage Industry

Since its inception in 1991, National Title Clearing (NTC) has become one of the essential post-closing service providers to American mortgage lenders, servicers, and investors. The company provides excellent document processing, research, and audit to players in the residential mortgage industries.

 

Specifically, it facilitates verifications of ownership, lien assignment, release and verification, document processing and retrieval, tax status reports, as well as file audit and remediation services. NTC operates in more than 3,000 jurisdictions throughout the country. Its main aim is to assist mortgage banks, protect homeowners, and preserve the national land records.

 

When it started, the company’s operations were concentrated in California. Now, its headquarters are in Palm Harbor, Florida. It has also opened a new office in Dallas, which will house NTC’s new, state of the art data center.

 

NTC Chief Executive Officer, John Hillman reported that the new facility would have a fully functional disaster recovery site for all infrastructure and staffing data. This is all in an effort to uphold their excellent record of service provision to its clients. The new data center will allow the company to fix any emerging problems with incurring data losses.

 

Apart from data recovery and business continuity, the Dallas facility will also help NTC deal with overflows by additional housing staff for research, data entry, and audit work. Ultimately, approximately 150 employees will work in the new Dallas office.

In September 2016, the company also announced a new service offering: providing in-depth training on residential mortgage financing. The two-day offering will provide standardized training packages on industry best practices to mortgage services, investors, and lenders. The training can be conducted at either of NTC’s offices or the client’s location.

 

The training program was developed by NTC’s VP of Technical Excellence, Dave LaRose. With over 30 years’ experience, LaRose is an industry veteran with a record of excellence over his long career. He is also the company’s resident guru on quality and training.

 

LaRose explained that, with less than one percent of NTC document being rejected by clients, the company is certainly an expert on perfection and excellence. The new training will help people in the industry be knowledgeable on its processes, and thus reduce their margins of error. It will also assist in perpetuating the importance of preserving the integrity of America’s land records up to the county level.

 

The company provides this training to its own employees and receives a 99.9 percent approval rating across all its lines of service. Its expansion is beneficial to both the industry in general and the surrounding communities. At the end of 2015, NTC was ranked among the nation’s fastest growing companies. It has also won numerous other awards for its workplace achievements.

 

 

Helane Morrison Redefines the Role of Chief Risk Officer

Chief Risk Officers are progressively broadening their scope in the contemporary corporate tasks. The CROs role is moving from the historical responsibility of developing and implementing an enterprise risk management framework (ERM) which kept them very busy and also determined the CROs priorities. The CROs share of a company’s expense went into Building risk models, developing a risk function by hiring new people and training them, enhancing systems and policies, establishing policies and their governance and reporting framework.

In most companies, CROs were not appreciated as they increased workloads, changed procedures and operations, heightened risk transparency, and made it necessary for senior management to understand and be able to use complex risk calculations and results.

Due to the CROs involvement in significant business decisions like business strategy, new products and asset liability management, the need to make risk management deeply embedded into the organization has grown. Senior managers have been accepting the CRO as a peer with an obligation and a right to present a critical and independent viewpoint.

To earn acceptance, CROs have needed to show technical expertise and competence in business acumen, communication and negotiation skills, leadership skills, and a commitment to solve issues strategically. This ensures that today’s CRO does not only focus on performance risk oversight identifying things that have, might or will go wrong. Today’s CRO is taking up operational business responsibility when necessary. This ensures that the CRO is viewed as a business partner sharing the same accountability and commitment to the enterprise success as any other person in the company.

Helane Morrison is one of the Chief Risk Officers caught up in the roles evolution. The current Managing Director and the Chief Compliance Officer of Hall Capital Partners is also a member of the Executive Committee of the firm which she joined in 2007 after heading the San Francisco Office of the United States Securities Exchange Commission. At SEC she worked as a District Administrator and also as Regional Director. Her roles included securities enforcement regulatory matters and litigation in Northern California and also in five states of Northwest.

At some point, Ms. Helane headed the San Francisco SEC office enforcement and represented the body in business, legal, and financial communities with other news media and government agencies. Ms. Morrison has worked with renown law firms like Howard, Rice, Canady, Nemerovski, Canady, Falk and Rabkin. A member of the Hedge Fund Subcommittee of the American Bar Association, and the Board of the Regional Parks Foundation, Helane is a regular speaker on compliance and legal topics that affect private funds and investment advisers.

Personal Crisis Management Insights from Darius Fisher

Darius Fisher enjoys helping others repair their reputation. Fisher knows good people sometimes get caught up in bad press. They just need a little help dealing with the situation. In a shock, Fisher found himself and his own company in a reputation crisis at one point. In the Huffington Post, Fisher discussed the situation and how it was fixed.

Basically, an executive for the company did something that had nothing to do with Status Labs’ day-to-day operations. The company, however, was pulled into the controversy and had to deal with an exceptionally hostile press. The executive was removed from his position. Leadership changes were implemented.

Soon after, Fisher and staff went to work on repairing the company’s name. There were some bumps to deal with though. Part of the fallout of the media frenzy was the decision on the part of several employees to quit.

In response, Darius Fisher worked hard at establishing a company policy that is both inviting and friendly towards its employees. By creating a family-friendly (and even pet-friendly!) workplace, Fisher helps ensure employees are willing to remain with the company. Fisher knows that any and all companies can suffer unfair damage to a reputation. Employees can end up being made very nervous about such things and may choose to depart the office as a result. By making sure the office is always a positive venue for employees to work, the chances of turnover are lessened regardless of any external factors.

Internal communications was greatly improved. A company newsletter was published to keep employees knowledgeable about news related to the firm. A more informed staff is a more comfortable one.

Fisher also launched strategic partnerships with local businesses. A number of these partnerships focused on charitable work. By connecting Status Labs’ name to philanthropic endeavors, the name was rehabbed quite a bit.

Status Labs is doing well under the leadership of Fisher. He has been honored by PR Week Magazine for his expertise and success. Fisher is frequently a contributing write to many prestigious websites and publications. It is no wonder he was able to turn around the unfortunate mishap that befell Status Labs so quickly. Follow Darius on Twitter @fisherdarius to keep up with his news and events.

More information:

http://www.prnewswire.com/news-releases/status-labs-president-and-co-founder-darius-fisher-named-one-of-prweeks-innovation-50-300155074.html

Getting To Know Former CCMP Capital Advisors: Stephen Murray

Stephen Murray passed on in March 2015, a month after he left CCMP Capital Advisors. He left CCMP Capital Advisors due to health complications. While at CCMP he was the Chief Executive Officer and President. Stephen Murray was born on the fourth of August 1962 in New York City where he was raised. He was survived with his wife Tami Murray and their four children who are all grown up.  Learn more about Stephen Murray CCMP Capital:  http://www.ccmpcapital.com/Team and http://www.wsj.com/articles/ccmp-capital-advisors-gets-backing-to-resume-investing-from-fund-1430946145

Stephen Murray attended Boston College where he attained a bachelor’s Degree in Economics, this was in the year 1984. In the year 1989, he was a graduate of Columbia Business School with a Master’s in Business Administration. His first career experience was at Manufacturers Hanover Corporation where he worked in its credit analyst training program.

When he was still at Columbia Business School he worked at MH Equity Corporation where he participated in the merging of Chemical Bank and Chase Manhattan Corporation. He also worked at JP Morgan where he headed its buyout business and was part of the spin out of JP Morgan Chase Partners that led to the ultimate creation of CCMP Capital Advisors. CCMP Capital was founded in the year 2006. Read more: CCMP Capital Resumes Business After Death of Stephen Murray

The company main areas of operation are energy, healthcare, industrial and consumer sectors. CCMP Capital Advisors has investments in companies such as Cabela’s Inc, Warner Chilcott Plc and Quiznos Corporation. He became the Chief Executive Officer of CCMP Capital in the year 2007.

Stephen Murray, supported various charitable organizations such as the Make A Wish Foundation. He also gave his support to Food Bank of Lower Fairfield, Columbia Business School, Stamford Museum and Boston College.

Stephen Murray worked as a board member of a couple of companies where he contributed to their development and growth. These companies were such as: Generac Power Systems, Warner Chilcott, AMC Entertainment, Vitamin Shoppe and Aramark. Prior to his death, Stephen Murray was residing in Stamford, Connecticut. He was described as an excellent equity investor and philanthropist. Read more: CCMP’s Murray dead at 52

His death was received with a lot of sadness from the staff at CCMP Capital Advisors who looked up to him for advice and inspiration. His time at CCMP Capital Advisors is described as among the best since the company was able to spread its wings in different countries and to also develop and grow financially and capital wise.

The current Chief Executive Officer of CCMP Capital Advisors is among the individuals who were greatly saddened by his death.

American Multi-Billionaire Encourages Immigrants to Vote

George Soros, a multi-billionaire hedge fund manager, is on a 15-million-dollar campaign to bring Latinos and other immigrants to vote this year. For that reason, a super PAC named “Immigrant Voters Win” was created and Soros himself contributed $5 million.

This super PAC is expected to focus on Colorado, Florida, and Nevada. Right now, these are important swing states during elections as their populations are becoming more diverse with Latinos, Muslims, and Asians. Donald Trump may not fare well within those groups after his remarks for removing the illegals.

This particular campaign is seeking to bring 400,000 more Democratic voters to cast their votes during 2016 elections. As The New York Times reports, this new super PAC will be more political than ever. It will not only go after Latinos but other immigrants who are swing voters.

But, calls for deporting illegal immigrants, and building a wall with Mexico, may not be enough to discourage the immigrants who are the citizens of the United States. After all, deportations wouldn’t affect them. On the other hand, illegal aliens and legal residents (Green Card holders) are not allowed to vote.
Read more news about George Soros:
George Soros Sees Crisis in Global Markets That Echoes 2008
George Soros | Open Society Foundations (OSF)
The Capitalist Threat
Billionaire George Soros funds $15m effort to stop Trump, mobilize Latinos

Latinos are also disappointed by the Democratic Party after Obama’s presidency. Many lives didn’t improve as promised back in 2008. If Trump’s strategists can link Clinton to Obama and make them look alike, then Hillary may face some election problems.

On the other hand, Trump never held a political office. Clinton’s campaigners try to exploit it, but this lack of political establishment connections is actually helping him.

George Soros himself is an immigrant. He was born in 1930 in Hungary to a Jewish family. Later, he received education in Great Britain from where he moved to the United States.

As he says, “The intense anti-immigrant and anti-Muslim rhetoric that has been fueled by the Republican primary is deeply offensive.” Now, he throws millions against what he deems offensive. Surely, a multi-billionaire’s privilege.

Learn more about George Soros:


http://www.nytimes.com/topic/person/george-soros
http://www.forbes.com/profile/george-soros/

Stephen Murray: Understanding Private Equity Investment Process

Are you looking for information about private equity investment firms? Want to understand the investment process of private equity firms? Every day, many businesses and individuals search the web to learn about various investment options available. One of the most common and often recommended investment options or opportunities is private equity investment. If you are not familiar with this type of investment strategy, you need to check out CCMP Capital. Consulting with a reputable firm, such as Stephen Murray CCMP Capital, is a surefire way to get reliable information and guidance regarding investments.

The term private equity is often used to distinguish an investment in a privately held company from an investment in publicly traded stock. One of the larger and more common forms of private equity investment is a leveraged buyout. This means, a private equity firm takes on debt in order to raise the money needed to buy out a public company, which it then takes off the marketplace.

Because private equity investment organizations or firms are equity investors, they make profits only if they enhance the performance of their companies. They don’t make money unless their companies can satisfactorily meet their obligations to creditors and workers.

In order to turn the company around and make a profit, a private equity organization will often control or replace the management or leadership team of the company. While the firm is controlling or running the company, it aims to determine how it can enhance the company’s performance or anticipated future performance so that prospective investors will purchase the company at a profit.

There are many private equity investment services and organizations out there but you need to be careful when choosing a company for advice or guidance. It is advisable to check a company’s reputation and quality of service before making a decision. You need to go with a company that has a good track record in the industry. When it comes to choosing a private equity investment service or firm, look no further than Stephen Murray CCMP Capital.

CCMP Capital has great expertise in private equity investing and has been around for many years. CCMP Capital has a team of well trained and experienced professionals. Their professionals are highly dedicated to ensuring complete customer satisfaction.

Stephen Murray was the former President and chief executive officer of CCMP Capital. Stephen Murray worked very hard to ensure the success of CCMP Capital. He was a very reliable and reputable investment professional and was respected by his clients and peers. Mr Murray was well educated and obtained a Bachelors and a Masters degree in Economics and Business Administration, respectively. Mr Stephen Murray died on March 12, at age 52.