NEWS: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. announces it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.
After the investor has opened the bid and issued a Letter of Intent (LOI)/Trade Confirmation, Titan manages the due diligence activity on the loans, scrubs and remediates exceptions related to data and documents, conducts a collateral review, and when possible, works with the seller to cure issues.
“The process of determining the risk of a seasoned loan is quite different from conducting analysis on a freshly originated loan,” said Mary Kladde, CEO of Titan. “For investors to accurately gauge risk a loan poses in its current life stage requires an innate understanding of the mortgage process, the underlying data associated with the loan file and the compliance vintage of the loan originated, which has always been Titan’s forte.”
“In most cases, large investment firms have the capital, but they lack the in-house knowledge or expertise in mortgage asset analysis,” said Ruth Lee, CSO and executive vice president at Titan. “Titan offers a turnkey solution to this problem with a software platform and a team of mortgage professionals that are able to steward a trade from initiation to completion.”
For more information on Titan’s Trade Transaction Management and Servicing Transfer Management services, contact email@example.com.
About Titan Lenders Corp.:
Denver-based Titan Lenders Corp. ( http://www.TitanLendersCorp.com/ ) was originally founded to meet the mortgage industry’s increasing appetite for a variable cost solution to operational challenges. Today, that mission has expanded to include supporting strategic channel growth for lenders, servicers and investors evolving their businesses in an increasingly complex regulatory environment. As such, Titan’s core offerings have expanded to include MERS audit services, data reconciliation, document custody and whole loan purchase review.
Twitter: @TitanLenders #Mortgage
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