Mortgage fulfillment outsource services provider Titan Lenders Corporation (TLC) has signed nine mortgage banker clients in the second quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost-alternative solution to lenders that maintain back office and warehouse line management operations.
TLC's new clients include: Ace Lending LLC of Wisconsin; America One Mortgage Corporation, America Preferred Lending, GM West Funding and Thayer Financial Corporation of California; Choice One Mortgage Corporation, Homelynx Home Loans and Liberty Mortgage Lending Inc. in Florida; and Hi-Tech Mortgage Inc. in Arizona.
"Independent mortgage bankers are inking new services commitments cautiously these days and focusing on granular, loan level quality as their operations benchmark," said TLC president Mary Kladde. "Mortgage lenders are motivated by compliance pressures and fiscal prudence to outsource detail-intensive back office operations and fulfillment services, including post-closing loan review."
Titan Lenders Corporation'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, Federal Housing Administration (FHA) insuring, and document management (imaging).
"By linking the people, processes and data in a mortgage transaction, TLC automation bridges the gap between origination and post closing, to compress the time and cost of processing a mortgage to closing," said Kladde.
For more information, visit www.TitanLendersCorp.com.