DENVER, Colo. — Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers has been named a 2009 Top 50 Service Provider by Mortgage Technology magazine. Back office outsource provider added warehouse lending platform to encourage alternative liquidity sources among community banks and private equity providers.
“Titan Lenders Corp, Denver, is an outsource provider of back office fulfillment services. Titan’s proprietary Cerberyx platform helps lenders achieve loan file compliance and its fulfillment protocols ensure that loans move toward their investor destination without delay or unexpected outcome,” according to an article by editor Anthony Garritano in the June issue of Mortgage Technology. “The company has drawn attention to liquidity issues related to the decline in warehouse line availability and launched a platform for new entrants to operate as warehouse lenders.”
Mortgage Technology selects its annual Top 50 Service Providers based on four major criteria: Customer satisfaction, functionality, market share and viable revenue model. Demonstration of functional value to lenders is the magazine’s most important criterion, according to the magazine.
“Titan Lenders Corp is committed to being part of the solution that restores the mortgage industry’s role and reputation as a facilitator of responsible residential real estate finance opportunities,” said Titan Lenders Corp president Mary Kladde. “We are proud to receive this coveted recognition for the second consecutive year and focus daily on earning our position among the industry’s leaders for years to come.”
About Titan Lenders Corp
Titan Lenders Corp 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 use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some lenders outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Contact Mary Kladde at mary.kladde@titanlenderscorp.com.
