Global Debt Registry Response to Arizona Senate Passing Legislation Requiring Full Chain of Title Documentation on Mortgages

Wilmington, DE (PRWEB) March 14, 2011

On February 22nd the Arizona State Senate passed SB 1249 requiring lenders that did not originate a loan to produce the full chain of title for all prior beneficiaries or risk the foreclosure sale being voided and award of attorney fees and damages. The bill passed the Republican-dominated Senate by an overwhelming margin of 28-2. The bill is now in the House where it is expected to pass despite opposition from the states banking industry. The legislation, if passed into law, would become the first in the country requiring lenders to prove they have the right to foreclose by providing a complete list of any previous owners of the mortgage, or chain-of-title documentation on the debt.

In 2006, Global Debt Registry (GDR) recognized the serious weaknesses in consumer data management practices, and began development on a new technology platform that would ensure the integrity of managed and traded data, track account-level chain of title, and provide a turnkey portfolio and document-management repository. Today, the Company offers a fully developed and proven solution that addresses many of the issues facing the mortgage finance and servicing industry today.

“It is crucial for lenders, legislators, and consumers to understand that a solution to the issues that created this crisis already exists,” said Mark Parsells Executive Chairman of GDR. “Our system provides a single source for management of all data and documentation for Issuers, servicing entities, debt buyers, sellers, legal collection firms, regulators, judges, industry participants, and consumers. We are the only turnkey provider of chain of title, data integrity, and media-management services globally, and we stand ready to provide leadership in the recovery of the lending markets and a return to the fundamentals of law.”

Bruce Gilmore, President and CIO added, Our patent-pending technologies are in use by more than 60 accounts-receivable clients and servicing entities in all 50 states. The system can be easily customized to provide titling, data integrity, and media-management services for any asset class and industry. Users can easily transmit and receive data and documents while meeting the most stringent regulatory and industry data protection requirements.

Lawmakers in other states including New York, Oregon, and Virginia have proposed legislation similar to the Arizona bill. Attorneys General of all 50 states are collectively investigating the mortgage servicing industry. GDR offers its knowledge and expertise to those seeking a proven, carefully measured solution to the issues facing the debt industry today.

For more information about Global Debt Registry contact Greg Ousley, CEO, at 866-660-2341, ceo(at)globaldebtregistry(dot)com, or visit

About Global Debt Registry

Global Debt Registry delivers significant consumer protections as well as measurable ROI benefits to all participants in the Accounts Receivable Industry by providing the nations only proven, patent-pending AR titling solution. GDRs customizable platform provides a comprehensive Data Integrity, Chain of Title, and Turnkey Media Management solution. GDR maintains the integrity of traded data and documentation (validates debt); maintains accurate ownership (account-level chain of title); and provides automated access for media lifecycle management. The Company offers a customizable platform both in the performing and non-performing Securitization and ARM industry markets.


Attorney Walter Keane Explains Unfavorable Ruling of Quiet Title Split the Note Theory by Controlling Jurisdiction

Salt Lake City, UT (PRWEB) August 01, 2011

From his Salt Lake City office, Real Estate Attorney Walter Keane provides insight on the recent ruling by the Utah court of appeals which rejected the “split-the-note” argument.

On July 14, 2011, the Utah court of appeals issued Commonwealth Property Advocates, LLC vs. Mortgage Electronic Registration System, Inc. (MERS), 2011 UT App 232 (July 14, 2011). Keane says he found out about the ruling on July 15th during a court hearing in which Keane was arguing a quiet title cause of action based on “split-the-note.”

Keane, who recently taught a seminar for Utah Attorneys regarding his successful Foreclosure Defense strategies, explained that the “split the note” argument asserts that because MERS holds the trust deed (and the promissory note is held by an unknown third party due to securitization), the trust deed has been “split from the note.” This concept was first articulated in Carpenter v. Longan, 83 U.S. 271 (1872). Keane has based several of his cases upon this argument, and has been successful in using it to nullify trust deeds in Utah.

The Commonwealth opinion specifically addresses the “split the note” argument and fully rejected it. Following the rationale of the Utah United States district courts, the Commonwealth Court reasoned in Utah Code

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

The Collingwood Team and Motivity Remedies title AITHERAS, LLC as exceptional Value Included Reseller of NW-Perception tool to the Federal Federal government

WASHINGTON, DC and DENVER, CO (PRWEB) January 24, 2013

The Collingwood Team, a best house loan sector advisory team, and Motivity Answers, a leading company intelligence technology service provider, these days declared that they had named AITHERAS, LLC, a service provider of organization companies and technologies to departments and organizations of the Federal Authorities, as the exceptional price included reseller of their revolutionary technological innovation tool, NW-Perception, into the federal govt sector.


The NW-Perception technological innovation offers automated accessibility to critical business intelligence on the Federal Housing Administrations (FHA) Community Look at databases. Making use of the device, key mortgage industry stakeholders have at their disposal a mixture of effortless-to-use net-based mostly analytics, which includes dashboards and scorecards, to keep an eye on FHA mortgage overall performance and to recognize and track default trends inside an personal business. By way of the use of this technologies, FHA loan companies, Ginnie Mae issuers and servicers, and warehouse loan providers will now have at their disposal a powerful chance administration tool that will enable them to proactively control and monitor the FHA compliance of their organizations or the firms they actively do business with, like the overall performance of their correspondent loan companies and 3rd get together originators. By utilizing NW-Insight, consumers can better keep away from prospective Credit score Observe and Direct Endorsement terminations through alerts and advert hoc state of affairs preparing.


Instruments like NW-Perception, that can enhance the company analytic capabilities accessible from FHAs Community View databases, are essential to make sure that the community of FHA creditors, Ginnie Mae issuers and servicers as properly as their warehouse loan companies and traders are proactively checking their companies and

e-Logic Group CEO Anthony Martinez Conducts Approach Periods To Talk about Seminars On Superior Securitization Audits, Forensic Audits, Quiet Title, Mortgage loan Fraud

Miami, FL (PRWEB) July thirteen, 2012

As real estate scammers proceed to hold bogus seminars making use of scorching sector capture phrases like Peaceful Title and Mortgage Fraud, a higher require has offered alone for actual, crucial and essential info on these quite true matters. “I may possibly consider I know every thing there is to know about superior securitization, peaceful title and house loan fraud alternatives or arguments but that may not coincide with what lawyers and buyers actually need to have,” says Anthony Martinez, e-Logic Group’s Chief Government Officer whose business now offers Innovative Securitization Audits, Forensic Audits and Litigation Approach Investigation and is really nicely acknowledged in the authorized community as one of the most reputable go to methods. “Attendees of seminars are your clientele and like all relationships it’s essential to talk about your consumers wants, comprehend them and come up with a strategy that works for them. That is why I’ve made the decision to carry out method classes with attorneys and traders on the subjects of my Discovery Tactic’s Seminars just before I really start offering them.”


Discovery Tactic Seminars are designed to be cutting edge. They provide attendees factual and critical actual life operating details which is not principle dependent on someone’s inexperienced interpretation. Discovery Techniques is a Weblog authored by Mr. Martinez, a Discovery Skilled, Consultant and Strategist. His consulting firm Anthony Martinez &amp Associates/AMA World-wide Group (“AMA”) is the most sophisticated Lawful Method Outsourcing (“LPO”) firm (and almost certainly the only LPO Provider Provider) that specializes in real house defense and offensive litigation that provides true again-finish business office assistance providers to lawyers. AMA does advanced authorized investigation, drafts superior pleadings and trains lawyers in specific litigation strategies and strategies relative to true home litigation.


“I’ve noticed these quiet title seminars and the info they offer very first hand. Their tranquil title strategy is based mostly on the hope of a default. So what takes place when the opposition fights back again, statements your action is frivolous and moves for attorney charges?