DENVER, Colo. /eNewsChannels/ — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is pleased to announce the recruitment and hire of industry heavyweight Mark Ridder as executive vice president and general counsel. Ridder brings more than 31 years of experience in advising in-house corporate clients in areas ranging from regulatory compliance and operations to corporate acquisitions.
In his role at Titan, Ridder will be responsible for managing Titan’s legal affairs, including contract negotiation and revisions, managing insurance and licensing requirements, developing documentation/contracts for expanding products and supporting the development of other customized operational support services. Ridder will also be involved with corporate management by serving on Titan’s board of directors.
“The tremendous growth Titan has experienced over the past two years necessitated the addition of a general counsel to oversee our increasingly complex operations,” said Mary Kladde, Titan Lenders Corp. president and founder. “Mark’s background in real estate services coupled with his extensive experience in corporate incubation and development made him a natural fit for stewarding Titan’s next stage of expansion.”
“Titan is a rapidly growing progressive mortgage fulfillment services company creating new ideas and services needed to meet the ever changing needs of our industry,” Ridder said. “We are the industry contact for tailored solutions which allow our clients to stay margin focused while maintaining regulatory compliance.”
Previously, Ridder has served as executive vice president and general counsel for Mercury Companies, Inc. managing the legal affairs of a broad spectrum of real property enterprises for the holding company. Mercury was involved in title insurance, escrow, home building, software, mortgage document services, and mortgage lending. Ridder received his Bachelor of Arts degrees in history and government, with an emphasis in economics, from Adams State College in Alamosa, Colo., and his Juris Doctor from Washburn University of Topeka in Topeka, Kan.
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 Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of 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.
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