DENVER, Colo., Aug. 5, 2011 (SEND2PRESS NEWSWIRE) — Titan Lenders Corp. (TITAN), a U.S.-based domestic mortgage fulfillment outsource operation, offering a parallel and variable cost alternative solution to lenders that need to maintain back office and warehouse line management operations, has been listed among the annual Mortgage Technology Top Service Providers.
According to the July issue of Source Media’s Mortgage Technology publication, the 2011 Top Service Providers list recognizes “the technology and services vendors that excel in four categories – continued advancement of technology and services, a viable revenue model and value proposition to customers, exceptional client service and a unique impact on the mortgage industry.”
Its summary of Titan Lenders Corp.’s qualifications includes: “Titan Lenders Corp. offers technology and services for loan processing, review and portfolio management. The Denver-based company uses its technology to provide purchase reviews for housing finance agencies like the Massachusetts Housing Finance Agency and quality assurance and asset reviews for correspondent and warehouse lenders.”
“Titan Lenders Corp. is honored to be ranked among the industry’s most highly regarded service providers, and we appreciate the commitment Mortgage Technology made to conducting an extensive evaluation of more than 100 applicants,” said TITAN founder and president Mary Kladde.
“We are pleased that Mortgage Technology highlighted our role with the Massachusetts Housing Finance Agency, and our asset review services, which are notable examples of our primary mission to support mutually beneficial relationships among lenders, warehouse line providers and investors.”
“Only recently, TITAN formally announced its Whole Loan Purchase Review (WLPR) services, which we developed to support our industry’s desperate need for a return to credibility, which must precede the restoration of a viable secondary market – GSEs or no GSEs,” she added.
“Earning a seat at the Mortgage Technology table of Top Service Providers is a highlight of our year, to no small degree because of the careful due diligence we know was conducted,” said Titan Lenders Corp. executive vice president for sales Ruth Lee. “When we launched TITAN back in 2007, we had a mind to change the mortgage industry based on a return to quality. The industry may’ve turned topsy-turvy since then, but our commitment to that mission has only deepened.”
“Keep an eye on us,” Lee added. “TITAN will not be resting on its laurels.”
Titan Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of mortgage fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERs management, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows TITAN clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding, and post closing services. Community banks, credit unions, mortgage bankers and brokers, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
TITAN is a preferred provider for some of the nation’s largest mortgage bankers and warehouse lenders.
News Source: Titan Lenders Corp