Gracie Point Secures Funding for a $24 million Premium Finance Loan

New York, New York (PRWEB) November 17, 2011

With almost thirty key person life insurance policies at stake, the client required $ 24 million of premium financing for their corporate owned life insurance. Tapping into their extensive capital markets network, Gracie Point identified an appropriate capital source and worked with all stakeholders to structure and close the loan.

Bob Powell, CLU, President and Chief Executive Officer of Gracie Point explains, In a premium finance deal there are many moving parts between the client, the funding source, and the carrier. The client selected Gracie Point to help them refinance this block of loans because of our ability to raise capital as well as our expertise and experience with life insurance and premium financing.

Bruce Lohman, a Senior Managing Director at Houlihan Capital, LLC, states, Houlihan Capital partnered with Gracie Point to secure the capital for this loan. We have identified substantial additional capital sources and are working with Gracie Point to fund similar transactions. Houlihan Capital is a specialty investment banking firm advising Gracie Point in obtaining capital for its premium finance business.

Gracie Point offers clients sustainable loan solutions. We believe that traditional premium finance plays a valuable role in the life insurance market, states Powell. Our integrated approach enables us to offer our producers, carriers and borrowers a single coordination source. We have the resources and expertise to manage the financing from start to finish.

About Gracie Point

Gracie Point is an independent specialty finance company focused on the fully-collateralized, traditional life insurance premium finance market with expertise in loan origination, structuring, and funding. Gracie Point utilizes a sophisticated, capital markets-driven funding technology as well as traditional bank lending platforms to generate broad and diverse capital sources so that it can offer sustainable premium finance loan products.

About Houlihan Capital

Houlihan Capital is a leading strategic financial advisory and investment banking firm with expertise in capital raising, securitizations, private placements, structured credit and other areas. Houlihan Capital has offices in Chicago, New York and Los Angeles.

To learn more, go to or contact Larry Ikard at 212-487-5102. For Houlihan, go to or contact Bruce Lohman at 312-961-3502.


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LEAF Commercial Capital, Inc. Receives $125 Million of New Capital

Philadelphia, PA (PRWEB) November 21, 2011

LEAF Commercial Capital, Inc. (LEAF or the Company), a leading independent equipment leasing and finance company, announced the recent closing of a $ 50 million growth equity investment from Eos Partners, L.P. and its affiliates (Eos), a New York based private investment firm. In connection with the Eos investment, LEAF also closed on $ 75 million of additional debt financing with Versailles Assets LLC, an asset-backed commercial paper conduit sponsored by Natixis, which increases the Companys securitized and syndicated warehouse facility to $ 185 million in aggregate. The warehouse facility is managed by Guggenheim Securities, LLC (Guggenheim Securities). The $ 125 million of incremental financing provided by Eos and Natixis will further support the expansion of the LEAF platform and its growing origination volume. FBR Capital Markets & Co. (FBR) advised LEAF in connection with the equity financing.

Headquartered in Philadelphia, PA, LEAF was launched in January 2011 with initial funding from Resource America, Inc., Resource Capital Corp., and Guggenheim Securities. The Company works closely with leading commercial equipment vendors and manufacturers to help them maximize revenues by offering competitive small- and mid-ticket financing solutions to their customers. LEAF currently has over $ 640 million of assets under management and recently closed a $ 105 million term securitization which was underwritten by Guggenheim Securities and rated by Moodys and DBRS. Resource America, Inc. and Resource Capital Corp. continue to maintain a significant investment in LEAF and, together with Eos, are committed to supporting LEAFs long-term business objectives.

Crit DeMent, LEAFs Chairman and CEO, stated, We are delighted to have closed this financing and are excited about the opportunity to partner with Eos. The investment that Eos has made in our company is a validation of our management team, corporate capabilities and creative marketing strategies. We value their sponsorship of our business and look forward to leveraging their experience with growth companies and their expertise in the capital markets. We believe that the additional financing provided by Eos and Natixis significantly strengthens our leasing platform and will enable us to continue providing the equipment financing industry with a strong and forward thinking resource, one that will transform the way the market perceives the value of a financing partner.

Brendan Moore, a Principal of Eos, said, We believe that LEAF represents a compelling opportunity to leverage an established platform with an experienced and proven management team and help build a market leading independent commercial finance company. Our investment will enhance LEAFs ability to execute on its growth strategy and expand its offering to meet the ever changing demands of the markets and the customers that the Company serves.

About LEAF Commercial Capital, Inc.

LEAF Commercial Capital, Inc. (“LEAF”) is a national equipment leasing and finance company headquartered in Philadelphia, PA, with a sales and service center in Moberly, MO and a call center in Orange County, CA. LEAF’s core competency is the ability to assist vendors and manufacturers in maximizing financing as a revenue generating strategy. For more information, please visit

About Eos Partners

Formed in 1994, Eos is a private investment partnership with approximately $ 1.6 billion of capital under management. In its private equity activities, Eos focuses on working closely with management teams and committing its understanding of strategic alternatives and the financial markets to help grow these businesses into larger scale enterprises. For more information, please visit

About Natixis

Natixis is the corporate, investment and financial services arm of Groupe BPCE, the second-largest banking group in France. With around 22,000 employees, Natixis specializes in three main business lines: Corporate and Investment Banking, Investment Solutions (asset management, insurance, private banking, private equity), and Specialized Financial Services. Versailles Assets LLC is an asset-backed commercial paper conduit administered by Natixis. Versailles Assets LLC is rated A-1/P-1 and provides securitized funding to a wide variety of US clients.

About Guggenheim

Guggenheim Partners, LLC, the parent of Guggenheim Securities, LLC, is a privately held global financial services firm with more than $ 125 billion in assets under management. The firm’s businesses include investment management, investment advisory, insurance, investment banking and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe and Asia. For more information, please visit

About FBR

FBR & Co. (FBR) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom. FBR Fund Advisers, Inc., a subsidiary of FBR, provides clients with a range of investment choices through The FBR Funds, a family of mutual funds. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London. For more information, please visit

About Resource America, Inc.

Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance, and financial fund management sectors. For more information please visit our website at or contact Marketing and Investor Relations at

About Resource Capital Corp.

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. RSO’s investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. RSO invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans, mortgage-related securities and real estate joint ventures, and commercial finance assets such as other asset-backed securities, senior secured corporate loans, lease receivables, trust preferred securities, structured notes and debt tranches of collateralized debt obligations.

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Michael Cho Joins Allegiance Capital Corporation

Dallas, TX (PRWEB) November 28, 2011

Allegiance Capital Corporation, one of the largest private investment banks serving the lower middle market, has announced that Michael Cho has joined its Dallas office as a Vice President. Mr. Cho has more than 13 years of experience as corporate legal counsel in successfully managing mergers, acquisitions, and cross-border business transactions

Michaels considerable legal experience as a former attorney, along with his deal making experience both in real estate and cross-border transactions, has been of particular value to the firm, says David Mahmood, Chairman of Allegiance Capital Corporation. His skills in the Korean language have helped Allegiance Capital work with significant companies in South Korea, as well as American Marianas which Allegiance Capital Corporation is joint venturing. His deal making experience and cultural knowledge have been invaluable in helping Allegiance Capital grow its business.

Before joining Allegiance Capital Michael was associated with Akin Gump Strauss Hauer & Feld LLP as its corporate attorney, Michael represented various growth companies in their mergers and acquisitions, leveraged buy-outs, roll-up transactions and initial public offerings with the transactions ranging up to $ 200 million. During his career at Akin Gump, Michael was one of the key outside counsels for Packaged Ice, Inc. in their growth strategy of acquiring more than 30 companies, culminating in their public offering of $ 250 million.

Most notably while associated with the capital market group of Jones Day LLP as a corporate attorney, Michael participated in various transactions involving securitization of non-performing loans, private placement of senior and mezzanine notes and related sale of real estate portfolios. Michael also participated in transactions representing the Morgan Stanley Real Estate Funds in their joint venture with Korean Asset Management Corporation for the purchase and securitization of real estate secured loans ranging up to $ 350 million.

I have known David Mahmood for over eight years, a few of which I have spent representing him and Allegiance Capital Corporation, supporting several successful deals. I always admired the professionalism, persistence and the incredible focus that David Mahmood and Allegiance Capital Corporation has shown their clients. I sincerely appreciate the opportunity to work with him as a deal-maker and will enjoy the collective ride along the way.

About Allegiance Capital Corporation

Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the middle market. Allegiance Capital has won multiple awards recognizing the value it delivers to clients. Examples include: 2009 Dealmaker of the Year (Dallas Business Journal), 2008 Boutique Investment Bank of the Year (M&A Advisor), 2006 Investment Bank of the Year (Dallas Business Journal). Subscribe to the Capital Ideas blog by visiting: Follow Allegiance Capital on LinkedIn, Facebook, and Twitter:@ALLCAP


Gretchen Guandolo Joins Clearsight Advisors

McLean, VA (PRWEB) November 30, 2011

Business Services and Technology investment bank, Clearsight Advisors, announced that Gretchen Guandolo has joined the team as a Partner and Managing Director. Guandolo has 15 years of experience as an M&A advisor and consultant to IT and business services companies, in both the public and private sectors. She will leverage her experience in IT Services, Software, Public Sector Technology and SaaS businesses to further the Clearsight franchise. Guandolo is a former colleague of Clearsight founders Joel Kallett and Greg Treger, having previously worked with them for close to a decade.

Were thrilled to bring Gretchen on board to reunite a team with a track record of significant success in M&A, capital raising and strategic advisory services, said Clearsight Co-founder and Managing Director, Joel Kallett. Clearsight gains a seasoned expert and friend, and our clients will benefit from the teams collective experience, relationships and expertise.

Guandolo was most recently a Director at PricewaterhouseCoopers Public Sector Financial Services Group, where she led the firms Federal Transactions group. She was instrumental in assisting the government through Securitization and Structured Transaction divestiture activity from assets acquired as a result of the global financial crisis.

Guandolos robust M&A advisory experience includes transactions with companies such as CA, EMC, SAP, CACI, and Northrop Grumman. Previously, she held senior investment banking roles at KippsDeSanto and Agility Advisors, a firm she co-founded. Guandolo also worked with Kallett and Treger at boutique technology M&A firm, Updata Capital, for seven years. She began her career as a consultant in the Emerging Markets group at Arthur Andersen.

Gretchen was a key part of our plans from the beginning, added Greg Treger, Clearsight Co-founder and Managing Director. The commitment, integrity, track record, knowledge and team orientation that she brings to each client engagement represents the type of highly skilled senior investment banking talent we are bringing to bear on behalf of Clearsights clients.

Guandolo said, We are building the leading merchant bank in the DC-region focused on high growth technology companies. Our deep experience and franchise with both Commercial Technology and Public Sector Technology companies is a unique differentiator today that is in synch with where the market is headed. I am very excited to work with this amazing team again, whose collaborative approach and insight enables our clients to realize their vision.

About Clearsight Advisors

Clearsight Advisors is an independent merchant banking firm dedicated to providing world-class M&A and capital raising solutions exclusively to growth-oriented Business and Technology services companies. Clearsight combines deep market insights across software, services and data with vertical expertise in financial technology, public sector technology and education technology. This market knowledge combined with superior strategic and financial advice allows Clearsight to act as a catalyst, enabling entrepreneurs, private equity owners and board of directors to successfully advance their vision. The Clearsight team has executed M&A transactions ranging in size from $ 20 million to over $ 2 billion.

For more information, visit


Avenue 365 Lender Services Adds Shegun Onakomaiya as Vice President of Business Development for its Default Services Division.

Plymouth Meeting, PA (PRWEB) December 01, 2011

Avenue 365 Lender Services has announced Shegun Onakomaiya as its new Vice President of Business Development for its Default Services Division. Avenues Default Services Group has been growing exponentially since its inception earlier this year. Onakomaiyas role will be to expand the client base and find additional ways in which Avenue can serve its existing clients.

Onakomaiya spent 8 years at Citigroup Global Markets, Inc., most recently as a transaction manager in the acquisition and securitization desk. As such he has deep and firsthand experience from the customers perspective. He has interacted with dozens of asset managers, hedge funds, investors, and servicers, and plans to bring those contacts and solid relationships to his role at Avenue.

Our Default Services Group has grown by almost 100% every month since inception. I believe that Sheguns experience, great reputation in the default space, and extensive contacts will assist us in continuing that growth. Our team brings unparalleled customer service, true knowledge of collateral and title issues, and a commitment to partnering with our clients for smoother transactions. Shegun will take that message to the street and we believe the result will be phenomenal for us and our clients, said Ryan Peterson, President and CEO of Avenue 365.

Avenue 365 Lender Services is a customer-focused, technology-inspired national title insurance and settlement services provider with an unwavering commitment to provide every consumer, originator, and lender with an unparalleled experience with every loan closing. They conduct business in all 50 states for both Origination Services and Default Services. Their customers include national mortgage banks, lenders, retail mortgage brokers, asset managers, investment funds, REO managers, and servicers. To learn more visit


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JGWPT Holdings Completes $204 Million Securitization

Radnor, PA (PRWEB) December 13, 2011

Subsidiaries of JGWPT Holdings, LLC have completed a joint $ 204 million securitization of notes backed by structured settlement and fixed annuity payments.

JGWPT Holdings, LLC is the parent holding company of several consumer finance businesses, most notably J.G. Wentworth Originations and Peachtree Settlement Funding. These two independent originators are two of the most well-known brands that purchase structured settlement payments in exchange for a lump sum of cash. This latest securitization is comprised of payment streams purchased by both of these subsidiaries.

J.G. Wentworth was the first issuer to securitize structured settlement payment streams in the asset-backed markets in 1997. Since then, J.G. Wentworth has issued 24 securitizations backed by structured settlement and fixed-annuity receivables totaling over $ 3 billion. Peachtree Financial was also an active issuer of asset backed bonds backed by structured settlement payment streams and completed seven securitizations from 2004 to 2010 totaling more than $ 700 million.

This most recently completed $ 204 million securitization consisted of two issued classes of notes: $ 174 million of Class A notes rated Aaa by Moodys Investors Service and AAA by DBRS and $ 16 million of Class B notes rated Baa2 by Moodys Investors Service BBB by DBRS and a Residual Class of $ 14 million which was retained by the issuer. Jefferies acted as co-lead arranger and bookrunner and Barclays Capital acted as co-lead arranger.

According to JGWPT Chief Investment Officer Stefano Sola, This was our first joint securitization of J.G. Wentworth LLC and Peachtree Financial originated product under a single parent holding company. The pricing and demand for the transaction reflects the confidence of institutional investors in the new, joint securitization program.

He added that, this second asset-backed transaction in 2011 saw continued interest from traditional J.G. Wentworth and Peachtree investors, but also from a number of new institutional investors to this space. Mr. Sola said, We have continued to broaden our institutional investor base over the years and continue to do so. This is highlighted by the incremental investor interest given current, volatile market conditions.

Mr. Sola said, The transaction was completed in a very challenging market environment characterized by uncertainty and volatility, which, we believe, further validates the strength of this asset class within the broader asset backed market.

David Miller, Chief Executive Officer of JGWPT said, J.G. Wentworth and Peachtree Financial have completed a total of six asset-backed transactions since the beginning of 2010. We believe this continuity underscores our commitment to continued access to the market and providing institutional investors with a stable flow of bonds backed by structured settlement and annuity payment streams in the future.

About the JGWPT Holdings, LLC Family of Companies

JGWPT Holdings, LLC, based in Radnor, PA and Boynton Beach FL, through its specialty finance subsidiaries, is a leading buyer of deferred payments from illiquid financial assets such as structured settlements and fixed annuities. Since 1992, JGWPTs subsidiary companies and their predecessors have purchased over $ 7 billion of future payment obligations from consumers.

For more information about JGWPT Holdings, LLC, visit


On-Demand Real-Time Calculation of Basel Capital Requirements with Thetica Solutions

New York, New York (PRWEB) December 19, 2011

Thetica Solutions, a sister company to Thetica Systems, now provides consultation on Basel capital requirements for the banking industry and investment firms.

“Thetica Solutions enables clients to automatically calculate regulatory capital requirements. They can calculate whether a securitization’s minimum rating exposure is one from an originating bank or an investing bank, with access to real-time analytics. The resulting information can minimize their put-aside requirements, with automatic calculations on rating exposure, re-securitization, granularity and seniority,” states Jack Broad, company Founder/President and long-time structured finance market consultant.

“Our Thetica ABS Analytics and Structured Products Database enable users to rapidly integrate the data necessary to analyze regulatory capital requirements in minutes instead of months,” said Thetica Systems CEO Ariel Yankilevich. “We are proud to help enable market participants to perform vital analysis of their Basel regulatory capital requirements.”

Three companies now operate under the Thetica brand; in addition to Thetica Solutions, Thetica Systems provides sophisticated analytics solutions to the structured finance market and Thetica provides on-site consulting services to Wall Street for customized data solutions.

Thetica – from the Greek letter “theta” which means Thought, Life Force and Reason and the word “etica” which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the company names.

About Thetica Solutions: With state-of-the-art proprietary software, Thetica ABS Analytics, and over 25 years of experience on Wall Street, Thetica Solutions offers expertise in Regulatory Capital and Litigation Support. Those interested should contact 727-804-2660 for a phone consultation or visit

About Thetica Systems: As Wall Street securitization pioneers, Thetica Systems understands the needs of ABS market participants. Its clients include investment banks, hedge funds, capital management, brokers, dealers, and others that invest in or monitor structured finance securities, with users from traders and trading desks, research and product controllers to risk managers, regulatory reporting and IT. Those interested in scheduling a live demonstration should contact 727-724-4182 or visit for more information.


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Thetica Solutions SSFA Analysis Reduces Bank’s Basel Reg Cap Requirements by $ Hundreds of Millions

(PRWEB) December 30, 2011

As specialists in providing consultation and technology in structured finance, Thetica Solutions offers ground-breaking assessments to investment banks regarding on-demand, real-time calculations of the Basel-directed Regulatory Capital requirements. A summary of the necessary elements for accurate Reg Cap set-asides is now available as a White Paper at on the Regulatory Capital page.

Along with their case study, also available on their website, Thetica Solutions is “ahead of the curve” regarding efficient and accurate analyses of a bank’s positions, with as current an assessment as the previous night’s valuations. With their sister company’s analytics software Thetica ABS Analytics, Thetica Solutions can price any number of bonds, accessing virtually all available deal and loan level data, and determine Reg Cap key attributes that affect set aside requirements.

Jack Broad, Founder and President, has incorporated his 25+ years on Wall Street into this timely service, having worked at Bear Stearns, Barclay’s and Citicorp, as well as consulted to a number of organizations in the securitization industry. His programming experience and overall investment business savvy combine into an ideal foundation for Regulatory Capital analysis. Along with his senior advisors, who have decades of risk management and structured products consulting experience, Jack offers the potential of saving nine to ten figures of Regulatory Capital savings.

Thetica – from the Greek letter “theta” which means Thought, Life Force and Reason and the word “etica” which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the company’s name.

About Thetica Solutions: With state-of-the-art proprietary software, Thetica ABS Analytics, and over 25 years of experience on Wall Street, Thetica Solutions offers expertise in Regulatory Capital and Litigation Support. Those interested should contact 727-804-2660 for information and initial consultation or visit


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2011 Very Strong for Vermont Captive Insurance Licenses

Monteplier, VT (PRWEB) January 10, 2012

2011 was the 6th year Vermont Captive surpassed the 40 new captives licensed mark with 41 new captive insurance companies bringing the total number of licenses to 952, according to data released by the Vermont Banking, Insurance, Securities and Health Care Administration (BISHCA).

Thirty were single parent captives, with six risk retention groups (RRG), three sponsored, one industrial insured, and one association. 2011s new captive insurance licensees brings Vermont overall total to 952 with 590 active captive insurance companies.

One of the most exciting aspects of 2011 and a perennial key to our success is the high quality of companies that we are privileged to work with, said David Provost, Vermonts Deputy Commissioner of Captive Insurance. Were also seeing the States continued investment in staff helping us continue to provide outstanding customer service. Thats very much a part of what keeps Vermont the Gold Standard.

Despite the soft market each quarter of 2011 had steady growth. This strong year is testimony to our continued commitment to maintain Vermonts reputation as the Gold Standard of domiciles, said Governor Peter Shumlin. While other states continue to falter, Vermonts stability and support has never wavered. We will continue to address the needs of the industry going forward and will not rest on our laurels.

The top industries licensing captives in the past year in Vermont were insurance, hospitals and medical groups and manufacturing. Vermont was also busy with activity in risk retention groups which continue to be a growth sector.

Vermont is the leader in RRGs and that trend has been a constant. Another area of growth has been in redomestications of existing captives from other states and jurisdictions. We continue to hear that Vermont provides the greatest value for your captive insurance company, said Daniel Towle, Director of Financial Services.

As 2012 begins, two new captives have been licensed and there are already four applications pending according to Towle. The overall market may be soft, but it is also very dynamic and we expect good things to come from 2012.

Captive insurance is a regulated form of self insurance that has been around since the 1960s, and has been a part of the Vermont insurance industry since 1981, when Vermont passed the Special Insurer Act. Captive insurance companies are formed by companies or groups of companies as a form of alternative insurance to better manage their own risk. Captives are typically used for corporate lines of insurance such as property, general liability, products liability, or professional liability. Growth sectors of the captive insurance industry include securitization, professional medical malpractice coverage for doctors and hospitals, and the continued trend of small and mid-sized companies forming captive insurance companies.

For more information on Vermonts captive industry, visit, call Dan Towle at 802-828-5232 or email dan(dot)towle(at)state(dot)vt(dot)us.


Nationwide Title Clearing (NTC) Featured in Giants of Innovation

Palm Harbor, Fla. (PRWEB) January 16, 2012

Nationwide Title Clearing (NTC), the countrys foremost post-closing services provider for residential mortgages, is among the industry leaders featured in the new Giants of Innovation book from HousingWire. The publication will be released during the upcoming American Securitization Forum conference, which is the largest capital markets conference in the world. ASF 2012 will be held at the ARIA in Las Vegas from January 2225.

HousingWire publishes its Giants series annually. Giants of Innovation showcases leading mortgage technology companies, profiling select firms that exhibit strong business leadership, demonstrate a willingness to take risks, and create and implement cutting-edge products. While each concept is completely unique, there is one commonality that each company possesses each is an industry leader dedicated to pushing the envelope and setting the standard, said Paul Jackson, publisher.

NTC has made a name for itself by reinventing the mortgage assignment document process for the betterment of borrowers, homeowners, land records and the industry at large. These ongoing efforts have contributed to NTCs reputation as a true innovator. We collaborated with the nations most respected mortgage lenders and servicers to revolutionize the way mortgage assignments are prepared, stated John Hillman, CEO of Nationwide Title Clearing. Through our PerfectChain(SM) Assignment Verification Process, we have established best practices that set a new industry standard.

Hillman explained that NTC felt it was necessary to overhaul the assignment process to help mortgage lenders and servicers comply with government regulations as well as the standards mandated by their own legal departments. The process needed to be improved in such a way to guarantee and provide evidence of document accuracy, while also being feasible for mortgage lenders/servicers to implement, he elaborated. There are more than 3,600 county recording offices throughout the United States, and each one has its own rules and obligations. Our PerfectChain(SM) process makes it possible to meet the exacting requirements of every one of those offices.

NTCs land records/document experience and cutting-edge technology are described in greater detail within Giants of Innovation. ASF 2012 attendees may obtain a copy of the publication at the HousingWire booth in the conference exhibit hall. Additional copies will be mailed directly to an exclusive list of key mortgage servicers, lenders and investors, and an online version will be made available at a later date.

To learn more about Nationwide Title Clearing and its wide range of mortgage post-closing services, visit or call 727-771-4000.

About Nationwide Title Clearing, Inc.

Headquartered in Palm Harbor, Fla., Nationwide Title Clearing(NTC) was founded in 1991 and incorporated in 1992; and has since grown to become the nations leading post-closing services provider for the residential mortgage industry. In addition to supporting lenders, servicers and investors including eight of the top 10 residential mortgage servicers in the country NTC also contracts directly with several federal government agencies. The companys land records and document experts are able to track and fulfill county document requirements for more than 3,600 recording jurisdictions nationwide, and have considerable experience with state notary laws and valid execution practices. NTC specializes in processing lien releases, assignments, Mortgage Electronic Registration System (MERS