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FOR IMMEDIATE RELEASE:

(of interest to editors covering:


Banking/Finance, Mortgage Industry, Colorado Business)

Titan Lenders Corp Launches Mortgage Warehouse Lending Services Platform for
Community Banks, Regional Banks and Credit Unions
Demise of warehouse lenders creates opportunity for local banks and credit
unions
DENVER, Colo., March 10, 2009 (SEND2PRESS NEWSWIRE) -- Community financial
institutions can build profitability and accelerate local economic recovery by
adding mortgage warehouse line lending to their commercial offerings,
according to U.S. mortgage lending services outsource expert Titan Lenders
Corp (www.titanlenderscorp.com). Titan has launched a warehouse lending
operations service platform to facilitate community bank and credit union
entry into warehouse lending - a form of commercial lending specific to
mortgage banking businesses. The platform helps regulated institutions sustain
a prudent level of due diligence, compliance and profitability when offering
bridge financing required by non-depository mortgage bankers.

Community and regional financial institutions are positioned to replace the


warehouse line lenders that have exited the industry en masse over the last 18
months, as explained in the Titan Lenders Corp blog (
http://titanlenderscorp.com/blog/).
According to the March 9 edition of the Mortgage Bankers Association
newsletter "MBA NewsLink" (www.mbaa.org):

"Analysts say since 2005, the number of financial institutions


offering warehouse lines of credit to independent mortgage bankers
declined from nearly 115 at its peak to now less than 30. Last month,
JP Morgan Chase, New York, shuttered its warehouse lending business
acquired through its purchase of Washington Mutual.
"Warehouse lenders add liquidity for independent mortgage bankers by
allowing them to temporarily fund mortgages at the closing table
rather than a slow, lengthy process of shipping loans to investors,
including Fannie Mae, Freddie Mac, FHA and VA loans."

Mortgage bankers are looking to secure or replace a critical funding source at


the same time financial institution revenue is being eroded by soured Wall
Street investments, fraud, complicated consumer credit and auto loan risk
scenarios, and an unstable commercial lending environment. According to Titan,
community institutions that offer warehouse lines to mortgage banks benefit by
adding a significant profit center and, concurrently, by strengthening their
local economy through increased access to real estate finance alternatives.

"Regional banks, community banks and credit unions could be great resources
for local mortgage bankers that have lost, are in risk of losing, or need to
increase the capacity of their warehouse line, at a time when purchase and
refinance activity is picking up," said Titan Lenders Corp founder and
president Mary Kladde. "Titan's warehouse lending service platform helps
community institutions better serve their mortgage bank customers and
revitalize their local residential real estate economies."
Titan's warehouse lending service platform includes collateral management,
line reconciliation, and technology infrastructure, providing local
institutions the same operational support as any warehouse line lender.
Titan's service platform provides a variable cost solution to micro warehouse
lending with specific focus on the needs of local banks and credit unions.

About Titan Lenders Corp


Titan Lenders Corp 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 use outsource providers
strategically to minimize compliance risks in a time-sensitive error-averse
environment. Fluctuations in mortgage lending volume also lead some lenders
outsource their entire back office operation and secure predictable "per
transaction" pricing rather than maintaining an inflexible static in house
staff.
Contact Mary Kladde at mary.kladde@titanlenderscorp.com.
*(LOGO 72dpi: Send2Press.com/mediaboom/09-0310-TitanLendrs_72dpi.jpg)
All trademarks and service marks are the property of the respective parties.
Send2Press(R) is the originating wire service for this story, Copr. 2009.

NEWS SOURCE: Titan Lenders Corp

# # #
// RELEASE END //

MEDIA ONLY CONTACT(S):


[ contact info below not for publication online or in print ]

Kerri S. Milam
of Depth PR
for Titan Lenders Corp
+1-404.378.0850
Kerri @ DepthPR.com

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MARCH 2009 Press Release
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