Titan Capital Solutions (TCS) announced it has been named a preferred investor by Capital Markets Cooperative (CMC), a nationwide alliance of mortgage bankers.
As a preferred investor, TCS can make exclusive jumbo pricing and discounts available to CMC’s network of over 85 Patron members.
“Trust, but verify is the cornerstone principle of a vibrant jumbo marketplace” said Mary Kladde, CEO of TCS. “Titan’s relationship with Capital Markets Cooperative is built on trust and confidence in its guiding principles, which in turn allows us to extend advantageous terms to its Patron network. This is how the mortgage industry was meant to work.”
CMC actively seeks partnerships with the industry’s top investors to maximize revenue on the sale of its members’ loan originations. CMC negotiates additional investor incentives based on its Patrons’ collective annual production—over $87B in 2013.
“Jumbo mortgages are a significant opportunity for our Patrons, and their access to reliable investor channels ensures the liquidity that keeps their pipelines active,” said Chris Romano, senior vice president at CMC. “We know the Titan organization well and are pleased to add Titan Capital Solutions as a preferred investor for our cooperative model.”