Mortgage Press

Illinois Attorney General Lisa Madigan has filed a lawsuit against Nationwide Title Clearing (NTC) for filing faulty documents with Illinois county recorders. NTC is a Florida-based company that prepares documents for mortgage servicers to use against borrowers who are in default, foreclosure or bankruptcy.

“The practices that NTC used were a key contributor to the mortgage crisis by undermining the integrity and accuracy of the mortgage servicing and foreclosure process,” Attorney General Madigan said.Click to continue