Titan Lenders Corporation Adds New Risk Management Division – NMP Skip to main content

Titan Lenders Corporation Adds New Risk Management Division

NationalMortgageProfessional.com
Jun 20, 2012

Titan Lenders Corporation has added a new division, Titan Risk Management Services, an enterprise focused on a variety of critical services, including assisting banks and non-banks prepare for examinations by the Consumer Financial Protection Bureau (CFPB). Titan Risk Management Services was created in response to unprecedented regulatory changes, lenders concern about CFPB scope and exam readiness. The new division’s services were developed in direct alignment with the Bureau's guidelines and are designed to shepherd both bank and non-bank entities through successful CFPB audits. The services include: ►CFPB supervision and examination overview; ►Compliance management and governance review; and ►Consumer risk assessment review. “Since our founding in 2007, Titan Lenders Corporation has excelled during some of the toughest years the mortgage industry has ever seen because our founding principles are quality and compliance. We’ve emerged in this market to serve as an agent of change and adaptation,” said Titan President Mary Kladde. “Lenders are facing unique regulatory and operational quandaries, and Titan has a longstanding history in solving those issues.” Titan’s recent addition to its executive team, Debora Aydelotte, will lead the Titan Risk Management Services division. “A fundamental shift has occurred in the industry, particularly with the formation of the CFPB and its broad reach across banks, non-banks and service providers. The ability of firms to absorb impending change, continue to exceed service levels and reduce cost-to-produce has never been more complex," Aydelotte said. “Risk mitigation has moved front and center and will not be displaced in the foreseeable future. Titan’s deep expertise serving as mortgage lenders’ back-office operation has equipped it with unparalleled field research. Their knowledge-based approach has been tested in real-world scenarios and will now be applied to helping lenders mitigate both regulatory and operational risk.”
Published
Jun 20, 2012
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