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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.
"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.
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// RELEASE END //
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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/ ytv = / agency = Depth Public Relations, LLC