tagging recent news
Denver
Titan Lenders Corp. Among ’2012 Top 50 Service Providers,’ as Recognized by Mortgage Technology Magazine
June 27, 2012
DENVER, Colo., June 27, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) has been named a “2012 Top 50 Service Provider” for the second consecutive year by SourceMedia’s Mortgage Technology magazine.
According to the magazine’s June issue, the Top 50 Service Providers list recognizes “the technology and service vendors that excel in four categories — continued advancement of technology and services, viable revenue model and value proposition to customers, exceptional customer service and unique impact on the mortgage industry.”
Particular emphasis was placed on Titan’s accomplishments over the period between May 2011 and April 2012. Specifically, Titan was recognized for its addition of several new offerings, including:
* MERS® Quality Assurance procedures data reconciliation and auditing services for MERSCORP® servicer and sub-servicer members;
* Processing, underwriting and escrow services for originators; and
* The expansion of its Whole Loan Purchase Review program to include mortgage investors.
“While the mortgage industry isn’t totally out of the woods yet, we’ve seen tremendous strides made to improve technology over the past year or so, and much of the change that has happened was driven by companies like Titan that have consistently championed standardization and transparency, ” said Titan president Mary Kladde. “The competition for the Top 50 Service Providers gets stiffer every year, and we couldn’t be more thrilled to have been recognized by Mortgage Technology magazine for our efforts.”
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) 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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’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, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .
Titan Lenders Corp. Diversifies into Risk Management Services
June 19, 2012
DENVER, Colo., June 19, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) 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, and lenders’ concerns 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 Corp. 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,” Aydelotte added. “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.”
For more information about Titan Risk Management Services, please visit the Titan website at http://titanlenderscorp.com/risk-management-services.htm .
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) 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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’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, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .
360 Mortgage Group Expands Western Division, adds Colorado Account Executive John Swanson
June 6, 2012
DENVER, Colo., June 6, 2012 (SEND2PRESS NEWSWIRE) — 360 Mortgage Group, a privately owned wholesale mortgage bank, announces that it has hired John Swanson as an account executive in its Western region. Swanson, a 10-year mortgage industry veteran with experience in direct sales and marketing for wholesale mortgage lending, will be specifically covering the Colorado market.
Prior to joining 360 Mortgage Group, Swanson served as an account executive at M&I Bank/BMO Financial Group, where he was named a perennial top producer based on funded volume within the company’s national sales organization. Swanson received his Bachelor of Science degree from the University of Colorado-Boulder.
“I chose to join 360 Mortgage Group because of the company’s relevant product offerings and its development and use of pioneering industry technology to expedite and improve the loan process for both brokers and their customers,” Swanson said.
“In order to succeed and thrive, brokers need a strong and dependable line of communication throughout the entire loan process,” he added. “With its incredible technology and a committed operations staff, 360 Mortgage Group clearly delivers in this regard. I couldn’t be more excited to join the organization and begin a long career of making more brokers look good to their customers.”
“John’s skill set is deep and diverse,” said Robert Vejar, regional sales manager at M&I Home Lending. “He is a consummate relationship builder that can win customers and keep them coming back.”
About 360 Mortgage Group, LLC:
Established in 2007, 360 Mortgage Group, LLC (http://www.360mtg.com) is a privately owned mortgage bank that has successfully utilized its high-technology platform to provide better communication and customer service to business partners. An approved Fannie Mae seller/servicer, 360 Mortgage Group is headquartered in Austin, Texas and services more than 25 states across the United States. Contact 360 Mortgage Group via email at 360marketing@360mtg.com or by calling (866) 418-2997.
News Source: 360 Mortgage Group, LLC :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .
Titan Lenders Corp. Expands Executive Team to Include Debora Aydelotte as President of Titan Capital Solutions
June 5, 2012
DENVER, Colo., June 5, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is pleased to announce the addition of mortgage banking executive, Debora Aydelotte, to Titan’s executive team. Aydelotte brings more than 24 years’ experience in risk management and management of operations from origination and capital markets through servicing. Debora will serve as president of the new subsidiary of Titan, the details of which will be announced later this month. She will also lend her enterprise risk expertise in leading Titan’s Risk Management Services, a new division within Titan.
“As Titan seeks to expand its footprint in the industry, we do so with an eye towards service expansion and the formation of strategic alliances,” said Mary Kladde, Titan Lenders Corp. CEO and founder. “Titan’s phenomenal growth this year required the addition of a seasoned mortgage industry veteran like Debora that has in-depth experience in market expansion and strategic growth initiatives.”
“The current mortgage market is ripe with expansion opportunities for a company like Titan that has immersed itself in the operational aspects of loan production,” Aydelotte said. “I look forward to developing the next chapter in Titan’s history.”
Previously, Aydelotte served as chief operations manager for Aurora Bank, where she lead national fulfillment efforts for Aurora’s direct to consumer, retail, and correspondent lending channels. In addition, Aydelotte also served as program director for Aurora’s Making Home Affordable program and worked with the U.S. Department of the Treasury, Fannie Mae, and Freddie Mac on the program’s implementation. While with Aurora Bank, Aydelotte also directed growth and development of correspondent channel operations in Aurora’s Denver, Dallas, and Mumbai locations. Throughout her career, Debora has also lead critical transformational change, such as large system initiatives.
Prior to joining Aurora, Aydelotte developed and lead the Strategic Change Management and Business Process Quality Groups at Wells Fargo, during which she earned Six Sigma Certification. Her career includes national leadership positions at Wells Fargo, HomeSide Lending, Mellon Bank, Fleet Mortgage and Dime/North American.
Aydelotte received her Bachelor of Arts degree in business and communications at Alverno College in Milwaukee, Wisconsin and is currently working on her master’s degree in economic policy. Debora is a member of various mortgage banking groups and advisory roundtables and maintains active involvement in her community, having served as chairperson on diversity and inclusion committees at various organizations. Aydelotte resides in Colorado with her husband and two children. She enjoys skiing, traveling abroad with her family and speaks fluent German.
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) 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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’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, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2Press.com/newswire/ .
Financial Foundation Group – Making a Sterile Environment Fun for Kids
March 27, 2012
DENVER, Colo., March 27, 2012 (SEND2PRESS NEWSWIRE) — The Financial Foundation Group, also known as FFG, spends the typical work week helping people review their retirement accounts, college savings, investment safety, and life insurance needs. As the New Year began, the representatives of FFG were looking for a different way to help others and decided to brighten the day for some children who were not feeling their best. As a company, the Financial Foundation Group feels that donating their time is one of the best ways to help the community.
On February 17, the reps of both Financial Foundation Group’s Loveland and Lone Tree offices took the day off to go to the Children Hospital and work with the young patients of the hospital as well as their parents to make Valentines decorations for their loved ones, their rooms, or even just to pass the time and enjoy the season doing crafts.
“It was so rewarding to be able to help make the kids’ day brighter with decorations for their hospital rooms,” Mandy Cannon, Senior Supervisor with FFG, explains. “Some children were unable to come down from their rooms so their sibling came for them. The parents were so grateful and the kids seemed entertained and excited to be able to do crafts.”
The Representatives of the Financial Foundation Group put their heads together for craft ideas that would be easy and fun for the hospitalized children to make. There were different stations including Valentine card making, picture ornaments, and a Valentine’s coloring station. Simply using all the decorations, glitter glue, and stickers to be creative and make their own cards was the biggest hit with the children!
In 2002, the Financial Foundation Group through an affiliated company opened its doors with just three people. FFG has experienced a phenomenal growth rate over the past few years and today they have grown to have 4 offices, and approximately 50 people affiliated with the organization.
“As a company I feel we are able to continue to grow because of the dedication our representatives have to making a bright future, no matter what situation people are in or troubles our economy faces. It is so exciting for us to be able to add value to people’s life both in and out of the office,” Ms. Cannon adds.
The Financial Foundation Group’s mission is to become a nationwide leader in the financial services industry. They have experienced a phenomenal growth rate over the past few years and plan to continue the trend. The knowledgeable staff at FFG has access to a wide array of investment products and can provide assistance with providing life insurance choices and wealth building strategies to suit each individual client’s needs.
Currently, the Loveland and Lone Tree offices are offering employment opportunities to motivated individuals looking to advance rapidly through their management trainee program to help further expand the company.
The company’s web site – www.FinancialFoundationGroup.com – has current market information and summaries for clients to review.
News Source: Financial Foundation Group :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
Titan Lenders Corp. Taps Bill Walsh as CFO
March 26, 2012
DENVER, Colo., March 26, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is pleased to announce the appointment of corporate finance powerhouse, Bill Walsh, as chief financial officer. Mr. Walsh brings more than 35 years’ experience in accounting and finance for a diverse portfolio of companies, including Nabisco Brands, Inc. and Leprino Foods Company.
In his role at Titan, Mr. Walsh will be responsible for managing Titan’s financial affairs, including all financial reporting and budgeting, as well as assisting Titan’s executive team in the refinement of Titan’s business plan so as to advance the company’s rapid growth.
“Titan’s foundation is rooted in the ideals of transparency and integrity. We espouse it to our clients and the mortgage industry on a daily basis, and for us, it’s critical to practice what we preach internally as well,” said Mary Kladde, Titan Lenders Corp CEO and founder. “Bill Walsh has demonstrated those same values throughout his career, making him well placed to help lead Titan. He also brings to Titan a multitude of skills, born out of his extensive experience in a variety of industries. We look forward to applying the wisdom he has garnered in his career thus far to further the success our business.”
“It is my great honor to join Titan Lenders Corp.,” Mr. Walsh said. “The Titan team is comprised of top-notch professionals, and the opportunity to work for a growing domestic outsourcing company in this dynamic industry is very attractive to me. It is my sincere hope that I can further Titan’s success by demonstrating the financial viability of the company and offering my expertise in working with companies that have experienced tremendous growth and have become multi-million dollar businesses.”
Previously, Mr. Walsh served as senior vice president and controller for Mercury Companies, Inc., where he managed the financial operations of the company. While with Mercury, Mr. Walsh oversaw the company’s transition from a multi-million dollar company to a billion-dollar enterprise, implemented a cash management system to oversee operating funds from 17 companies under the Mercury brand, and established control systems for escrow funds in excess of $1 billion.
Mr. Walsh graduated from Southern Illinois University in Carbondale, Ill., with a Bachelor of Science degree in accounting, has done graduate work at Fordham University, and is a Certified Public Accountant. He is a member of the American Institute for CPAs (AICPA), the Colorado Society of Certified Public Accountants (CSCPA), and the Institute of Management Accountants. He and his wife reside in Highlands Ranch, Colorado, and have two grown sons.
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) 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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’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, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
Titan Lenders Corp. Extends Mortgage Lending Outsource Services to Include Loan Processing and Underwriting, Engages Jan Conner to Head Operations
February 28, 2012
DENVER, Colo., Feb. 28, 2012 (SEND2PRESS NEWSWIRE) — In response to industry demand, exacting regulatory requirements and mortgage lenders’ need to ensure loan origination compliance, mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is now providing mortgage processing and underwriting services. Titan has hired underwriting expert and mortgage industry veteran Jan Conner to manage its new service offering.
Comprehensive regulatory scrutiny extending from origination to servicing necessitates that lenders tighten their production, quality assurance and compliance procedures. Management of expense ratios is also a driving force behind community banks and credit unions seeking outsource solutions for mortgage fulfillment. However, acquiring qualified full-time expertise comes at a price many lenders cannot afford to pay. Titan’s expansion into processing and underwriting outsource services is a natural extension of the firm’s experiences in functioning as the back-office operation for lenders since its founding. Its patented Cerberyx platform provides the technology backbone for all of Titan’s services.
“Titan’s 360 degree view of the loan origination lifecycle has given us a deep insight into how minor processing and underwriting glitches can add an enormous level of risk to lenders that otherwise have high origination standards,” said Titan president Mary Kladde. “By adding processing and underwriting to our flagship fulfillment services, we help mortgage lenders close the post-application origination loop, ensuring data integrity and quality through purchasing.”
“Underwriting is no longer a generalist’s realm, and finding quality underwriters with expense ratios in mind poses a significant challenge for lenders,” Kladde said. “Titan hired Jan Conner to head up its new offering because her background, skill set and obsession with quality complement our organization. We’re thrilled to extend her underwriting expertise to our customers.”
Conner brings more than 20 years’ mortgage industry experience to her new role at Titan. Previously, Conner has been involved in processing and underwriting departments for regional offices of some of the largest lenders and financial institutions in the U.S. She also has extensive experience managing underwriting and operations with small- to mid-sized lenders, giving her a broad perspective on achieving quality and superior customer service at any volume level.
“Outsourcing underwriting eliminates a potential source of human error and risk for mortgage lenders – especially those that are growth oriented and risk averse,” Conner said. “My goal in leading Titan’s processing and underwriting service is to provide top-shelf customer service with the highest possible quality to ensure the salability of our clients’ loans.”
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) 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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’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, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
More information: http://www.TitanLendersCorp.com .
News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
Financial Foundation Group (FFG)’s Belinda A. Hoover Appointed Vice President
February 23, 2012
DENVER, Colo., Feb. 23, 2012 (SEND2PRESS NEWSWIRE) — Belinda Hoover has been promoted to Vice President of Client Services with the Financial Foundation Group. In Belinda Hoover’s 20 years of business experience she was an executive with an engineering consulting and training company where amongst her corporate management duties as Chief Administrative Officer; her responsibilities included the administration of the corporate insurance and benefits program.
Belinda brought her extensive business savvy along with a decade of developing her interests in the financial industry to the table to Financial Foundation Group and FFG knew they had a great representative.
Belinda joined FFG’s employment in 2008 and has put her knowledge and ability to analyze situations and information to work in an exceptionally beneficial way to everyone involved. Belinda’s extraordinary client work has elicited numerous unsolicited comments to FFG’s owner, Ken Perrin, praising her ability to make her clients more comfortable and confident in their financial situation starting with their first financial review.
Belinda Hoover works with individuals on their wealth creation, retirement and insurance needs. One key part of her practice is working with business owners to help with benefit plans, and to meet their investment and insurance needs, including buy/sell and key man insurance.
In recognition of her skills and dedication to creating a positive change for her clients, Belinda Hoover has been promoted to Vice President of Client Services. Belinda will continue to provide the quality service that her clients appreciate as well as mentor Senior Financial Professionals for the Financial Foundation Group who are affiliated with NEXT Financial Group.
Belinda is a member of the Financial Foundation Group’s management team and is a registered representative offering securities through NEXT Financial Group, Inc., member FINRA, SIPC. Financial Foundation Group is not an affiliate of NEXT Financial Group, Inc. NEXT is a national full service Broker/Dealer. NEXT representatives offer their clients investment, retirement, and insurance products and services that suit each individual client’s needs.
FFG’s web site – www.FinancialFoundationGroup.com – has current market information and summaries for clients to review. It also provides breaking financial news.
For more company information, visit: http://www.FinancialFoundationGroup.com .
News Source: Financial Foundation Group :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
