http://www.send2press.com/newswire/ Business, Entertainment and Technology News Tue, 09 Feb 2010 15:56:53 GMT http://neotrope.com 60 en-us 144 31 http://www.send2press.com/newswire/index.shtml http://www.send2press.com/XML/send2press-rss.gif http://www.send2press.com/newswire/2010-01-0125-002.shtml Mon, 25 Jan 2010 19:05:10 GMT Banking and Finance Titan Lenders Corp Send2Press http://www.send2press.com/newswire/2010-01-0125-002.shtml DENVER, Colo., Jan. 25 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp has launched an educational webinar series for community banks considering the advantages of transitioning from mortgage lending as a broker to mortgage banker. Two February webinars have been scheduled for February 2 and February 16, 2010 at 11 a.m. EST. Community banks that want to participate in the Titan Lenders Corp webinar entitled "Transitioning from Broker to Banker" can register at www.titanlenderscorp.com/broker-to-banker-webinars.htm.

Titan Lenders Corp is a U.S.-based domestic mortgage fulfillment outsource operation that offers a "parallel and variable cost alternative solution" to lenders' maintaining back office and warehouse line management operations. Since its founding, TLC has advocated for the renewed role of community banks in the U.S. mortgage lending industry both in response to dwindling borrower options and due to constrained liquidity among independent mortgage bankers.

"Community banks are in the position to accelerate their own recovery by becoming more prolific mortgage bankers," said Titan Lenders Corp president Mary Kladde. "Typical concerns about risk are minimized since everything being originated today is backed by FNMA, FHLMC or GNMA, which currently carries the full faith of the US Treasury for all practical purposes."

"There truly has never been a more ideal time for community banks to improve their balance sheets and competitive position by becoming mortgage bankers," said TLC director of business development for community banking, William Null. "Market share is available due to the decimation of the broker channel, which had more than 75 percent of the business, and the failure of more than 300 competing mortgage bankers."

Historically, start-up costs were high, back room operations were daunting and complex, and gaining mortgage lending expertise was prohibitively time-consuming for community banks. Today, start-up costs are low and back office tasks can be outsourced to industry business process outsourcing (BPO) experts, allowing companies to focus on what makes them money while removing nearly all of their risk. Today an institution originating just $10 million per month in new loans should be able to enjoy pre-tax profits of nearly $100,000 per month with very little risk when done properly, Null added.

The Titan Lenders Corp "Transitioning from Broker to Banker" webinar will cover:
- What distinguishes mortgage brokers from mortgage bankers;
- Advantages for transitioning to a banker;
- Advantages for supervised institutions;
- Outsourced functions and responsibilities;
- Banker responsibilities; and
- Taking the necessary next steps.

For more information, contact Sales@TitanLendersCorp.com .

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.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2010 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2010-01-0122-004.shtml Fri, 22 Jan 2010 18:38:14 GMT Banking and Finance FFG Denver Send2Press http://www.send2press.com/newswire/2010-01-0122-004.shtml DENVER, Colo., Jan. 22 (SEND2PRESS NEWSWIRE) -- As 2009 came to an end the employees of Financial Foundation Group, also known as FFG, wanted to make the holiday season special for people of all ages. As a company FFG felt that donating their time was one of the best ways to help the community. On December 10, 2009 the employees of Denver's Financial Foundation Group took the afternoon off to go to the Children Hospital and work with adolescent patients of the hospital as well as their parents to make holiday decorations for their rooms, their siblings or even just to pass the time and enjoy the holiday season.

"It was so rewarding to be able to help make the kids holiday season brighter with decorations for their hospital rooms," Melissa Bowman, Executive Director of 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."

All of FFG's employees put their heads together for ideas that would be easy and fun for the hospitalized children to make. There were four different stations including reindeer making, ornament decorations, stockings to hang on the tree, and a snow man coloring station. The stockings were 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 5 offices, with the newest office being opened by Chris Shanahan, who started here in Denver, and FFG now has approximately 100 people affiliated with the organization.

"As a company I feel we are able to continue to grow because of the dedication our employees and clients have to making it a bright future, no matter what 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," Mrs. Bowman adds.

The management of the Financial Foundation Group is made up of registered representatives who offer 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.

The knowledgeable staff at FFG has access to a wide array of investment products and can provide assistance with life insurance choices and providing wealth building strategies.

The company's Web site, FinancialFoundationGroup.com, has current market information and summaries for clients to review. It also provides breaking financial news headlines and stories.

For more company information, visit: www.FinancialFoundationGroup.com.

NEWS SOURCE: Financial Foundation Group
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2010 Neotrope® News Network - all rights reserved.

TAGS: Financial Foundation Group, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-12-1215-007.shtml Tue, 15 Dec 2009 20:07:09 GMT Banking and Finance Titan Lenders Corp Send2Press http://www.send2press.com/newswire/2009-12-1215-007.shtml DENVER, Colo., Dec. 15 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp has been named a preferred provider by Flagstar Bank for its wholesale lending business's broker-to-banker initiatives. Flagstar Wholesale Lending offers those correspondent lenders who meet specific underwriting criteria a warehouse facility, and purchasing facility to support their adoption of electronic closings and notes.

Titan Lenders Corp is a U.S.-based domestic mortgage fulfillment outsource operation that offers a "parallel and variable cost alternative solution" to lenders' maintaining back office and warehouse line management operations. With a 9 a.m. Eastern Time to 5 p.m. Pacific Time workday, Titan provides flexible hours of operation to support its clients coast-to-coast. Titan allows lenders to reduce risks and errors by utilizing its file flow management tools and electronic compliance safety checks through Cerberyx, its proprietary process software system.

"Titan Lenders Corp is honored to provide its services and expertise for Flagstar's progressive broker-to banker initiatives," said Titan Lenders Corp founder and chief executive Mary Kladde. "Flagstar continues to demonstrate industry leadership by offering quality brokers the opportunity to become correspondent lenders with the benefit of a warehouse line facility and a professional mortgage fulfillment operation that is familiar with the electronic closings and notes for quick turn time on the lines."

"Our staff's knowledge of FNMA/FHLMC/GNMA requirements, understanding of Flagstar programs and our relationship with Flagstar Warehouse Bank ensures a thorough and efficient monitoring and salability of our clients' loan closing pipeline," said Titan Lenders Corp vice president for mortgage banker business development Janet Manning.

"Flagstar's broker-to-banker programs attract high quality, prolific mortgage businesses that want to serve borrowers as correspondent mortgage bankers, with the many advantages that entails," said Greg Lutin, executive vice president, national sales manager for Flagstar Bank. "Selecting Titan as a mortgage fulfillment services provider for these programs will help ensure the consistent delivery of quality closed electronic loan files by Flagstar's new correspondent lenders."

According to Kladde, Flagstar's commitment to transitioning its correspondent lenders to electronic notes is facilitated by the Titan back office operations platform all of which serves to reduce standard warehouse line turn times by more than half of what is being typically seen in the market today.

Titan Lenders Corp intelligent processes are driven by its proprietary technology, Cerberyx, co-developed with eSys Technologies, Rochester, NY. Cerberyx is the evolution of a software technology application developed to replace manual processes required to manage lenders' participation in closing and post-closing functions. As a business solution, the software was developed in the practical laboratory of a closing and post-closing division servicing multiple lenders, investors, and lending business channels. It addresses the needs of all users in the transaction - accountability, visibility, efficiency and ease of use - ultimately focused on loan salability.

About Flagstar:
Flagstar Bancorp (NYSE:FBC), with $16.4 billion in total assets, is one of the largest savings banks headquartered in the Midwest. At June 30, 2009, Flagstar operated 175 banking centers in Michigan, Indiana and Georgia and 45 home loan centers in 18 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. For more information, please visit www.flagstar.com.

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 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.

For additional information, contact Janet Manning at Janet.Manning@TitanLendersCorp.com.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-09-0929-008.shtml Tue, 29 Sep 2009 20:17:28 GMT Banking and Finance vincent barbour Send2Press http://www.send2press.com/newswire/2009-09-0929-008.shtml Creating a win win warehouse lending solution for independent mortgage lenders, community banks and investment capital.

DENVER, Colo., Sept. 29 (SEND2PRESS NEWSWIRE) -- Titan Lenders Corp (TLC) has added Vincent Barbour as director of capital strategy consulting for independent mortgage lenders, community banks and investment capital. In this capacity, Barbour will work with mortgage lenders and warehouse providers to secure additional funding capacity by identifying funding sources, preparing credit and collateral packages, evaluating back office operations and securing new credit facility offers. Additionally he will advise banks and capital investors how to structure, manage, and quickly deploy highly profitable warehouse lines with the implementation of the TLC warehouse line operations and fulfillment platform.

Barbour, a 13-plus-year real estate finance veteran, most recently worked with Wells Fargo Bank to develop new private equity relationships, negotiate contract agreements with hedge funds and mortgage servicers. His expertise includes exit strategy structures for whole loan portfolios, REO investment perspectives and building national retail origination platforms. In addition, Barbour has held national operations and management positions with high volume lenders.

TLC is a mortgage industry outsourcing expert with a variable cost alternative for mortgage lenders, community banks, brokers and investors seeking to reduce risk, errors and overhead in their mortgage operations, while remaining responsive to fluctuations in their loan closing pipeline. Titan's processes, including warehouse line management, are built upon a proven back office service model, extensive industry experience, and customized solutions.

"As traditional sources of warehouse lending offer less certainty and availability, diversified capital strategies have become a linchpin for mortgage lending success, both for community-based depository institutions and independent mortgage bankers," said Titan Lenders Corp president Mary Kladde. "Vincent Barbour understands how to structure win win solutions between lenders, banks, and capital investors and most of all he's not afraid to go out there and do it."

"It appears that liquidity is seeping back into the mortgage marketplace. I am currently working with several emerging warehouse lenders and take calls daily from parties seeking more information," said Titan Lenders Corp director of capital strategy Vincent Barbour. "However, the last 12 months have taught us that 'putting all our eggs in one basket,' can have disastrous effects both on our business and our borrower."

"A proactive, out-of-the-box capital strategy is required to compete in this environment," Barbour added, "Independent mortgage lenders must be prepared for unexpected liquidity shortfalls due either to spikes in volume or warehouse line incapacitation. On the other hand, banks and investment capital can not deny the current low risk environment and high yielding returns of warehouse lending."

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 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. Titan Lenders Corp facilitates warehouse line lending for only the most risk adverse loans, reduces takeout risk and loss, and guards against fraud with a matrix of industry standard defenses and best practices.

More Information: Contact Vincent Barbour at VBarbour@titanlenderscorp.com.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-09-0928-004.shtml Mon, 28 Sep 2009 17:21:04 GMT Banking and Finance william null Send2Press http://www.send2press.com/newswire/2009-09-0928-004.shtml Community-based lending expert foresees expansion of community bank role in revitalizing and restoring trust in mortgage industry.

DENVER, Colo., Sept. 28 (SEND2PRESS NEWSWIRE) -- Titan Lenders Corp (TLC) has added William Null as director of business development for community banking focused on a variety of back office mortgage fulfillment services specifically directed to service the needs of community banks and credit unions.

Null, a 28 year mortgage and banking veteran, has held executive roles in mortgage lending operations including senior VP with BankUnited FSB, COO and Chief Lending Officer for MO-based American Sterling Bank, and senior VP of Barnett Bank of Lee County.

TLC is an outsource variable cost alternative for mortgage bankers, community institution lenders, brokers and investors seeking to reduce risk, errors and overhead in their mortgage operations, while remaining responsive to fluctuations in their loan closing pipeline. TLC processes are built upon a proven back office service model, extensive industry experience, and customized solutions.

"Community-based mortgage lending is the future of our industry, and community banks are positioned to take a more dominant role," said Titan Lenders Corp president Mary Kladde. "Bill Null's expertise in regulatory compliance coupled with his longstanding practical experience in operating successful mortgage lending operations for community banks makes him a tremendous asset not only to Titan Lenders Corp and our customers, but also for an industry undergoing a significant grassroots adjustment."

"This is an amazing period of transformation for the U.S. residential mortgage lending industry, and one that holds unprecedented opportunity for community-based and community bank lenders," said Titan Lenders Corp director of community banking business development William Null. "Much of the pain we have experienced for the last 24 months has been a direct result of mortgage lending's full scale migration to Big Banks via the top producing non-bank lenders. It is a good time for community banks to get back to the business of mortgage lending in the regions they serve."

"I believe the Titan Lenders Corp mortgage outsource services model will serve community banks well as their role in mortgage lending expands," Null added.

TLC intelligent processes are driven by its proprietary technology, Cerberyx, co-developed with eSys Technologies, Rochester, NY. Cerberyx is the evolution of a software technology application developed to replace manual processes required to manage lenders' participation in closing and post-closing functions. As a business solution, the software was developed in the practical laboratory of a closing and post-closing division servicing multiple lenders, investors, and lending business channels. It addresses the needs of all users in the transaction - accountability, visibility, efficiency and ease of use - ultimately focused on loan salability.

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.

MORE INFORMATION: For additional information, contact Mary Kladde at mary.kladde@titanlenderscorp.com, or visit www.titanlenderscorp.com.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-09-0915-007.shtml Tue, 15 Sep 2009 20:16:34 GMT Management Changes janet manning Send2Press http://www.send2press.com/newswire/2009-09-0915-007.shtml Mortgage fulfillment expert foresees accelerating demand and preference for outsource services by U.S. mortgage lenders.

DENVER, Colo., Sept. 15 (SEND2PRESS NEWSWIRE) -- Titan Lenders Corp (TLC) has added Janet Manning as vice president focused on business development for its back office and mortgage fulfillment services to mortgage bankers. Manning, a 25+ year mortgage lending veteran, was president of mortgage document preparation provider Tradewinds for 15 years, and served as a senior executive with a global outsource services provider until early this year.

TLC is an outsource variable cost alternative for mortgage bankers, community institution lenders, brokers and investors seeking to reduce risk, errors and overhead in their mortgage operations, while remaining responsive to fluctuations in their loan closing pipeline. Titan's processes are built upon a proven back office service model, extensive industry experience, and customized solutions.

"Titan Lenders Corp is pleased to add Janet Manning to its team, not only because she is well-known and respected throughout the mortgage industry, but also because her operational expertise in fulfillment services is unrivaled," said Titan Lenders Corp president Mary Kladde. "Janet is the ideal professional to convey to mortgage bankers the multi-faceted benefits of outsourcing their back office and fulfillment operations."

"From my perspective the Titan Lenders Corp outsource services model is truly 'an idea whose time has come' for mortgage lenders of every description," said Titan Lenders Corp vice president Janet Manning. "The proprietary Cerberyx platform on which it operates provides lenders an unprecedented degree of immediate loan file visibility and 24/7 accessibility, plus coast-to-coast customer support from 9 a.m. Eastern time to 5 p.m. Pacific time. Add to that Titan Lenders Corp FHA expertise and its unparalleled back office experience, and it just makes sense for many lenders to outsource this area of operation."

"In light of the market hardships of the last two years, mortgage bankers deserve a little TLC," Manning added.

TLC intelligent processes are driven by its proprietary technology, Cerberyx, co-developed with eSys Technologies, Rochester, N.Y. Cerberyx is the evolution of a software technology application developed to replace manual processes required to manage lenders' participation in closing and post-closing functions. As a business solution, the software was developed in the practical laboratory of a closing and post-closing division servicing multiple lenders, investors, and lending business channels. It addresses the needs of all users in the transaction - accountability, visibility, efficiency and ease of use - ultimately focused on loan salability.

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 Janet Manning at janet.manning@titanlenderscorp.com .

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Management Changes, Send2Press. ]]> http://www.send2press.com/newswire/2009-09-0910-007.shtml Thu, 10 Sep 2009 18:31:26 GMT Banking and Finance titan lenders corp Send2Press http://www.send2press.com/newswire/2009-09-0910-007.shtml Private money lender offering trust deed lending cites "dependable execution, precision automation and reliable guidance" as standards for selecting Top 50 service provider.

DENVER, Colo., Sept. 10 (SEND2PRESS NEWSWIRE) -- McMonigle Finance, Inc., the wholesale lending arm of McMonigle Financial Group of Newport Beach, CA, has selected Titan Lenders Corp to provide back office mortgage services for its trust deed lending model.

McMonigle Finance invests in first position trust deeds through its MFG Secured Income Fund I, LLC. Traditionally a highly fractionalized and subjective type of business, individual trust deed lending typically attracts a select group of high net worth individuals difficult to ascertain by mortgage brokers. Focusing solely on trust deed lending, McMonigle Finance reduces subjectivity by adhering to a strict set of common sense underwriting guidelines. McMonigle Finance holds some loans in portfolio and also sells to qualified third party investors.

Titan Lenders Corp is an outsource variable cost alternative for mortgage bankers, community institution lenders, brokers and investors seeking to reduce risk, errors and overhead in their mortgage operations, while remaining responsive to fluctuations in their loan closing pipeline. Titan's processes are built upon a proven back office service model, extensive industry experience, and customized solutions.

"High yield private money lending, also known as hard money lending, is in high demand today both due to the credit crunch and individual financial predicaments put into motion by an ailing economy," said Jeff Arnold, COO of McMonigle Finance. "McMonigle Finance serves borrowers with significant equity stakes who require immediate liquidity via a loan process employing consistent, quality-based underwriting standards. We selected Titan Lenders Corp as our back office operation because of its expertise and reputation for dependable execution, precision automation, and reliable guidance on the more arcane aspects of our transactions."

"I've worked with Titan Lenders Corp from day one," Arnold added. "When I joined McMonigle Finance, I saw immediately that its vision for trust deed lending, and its plans to create a fund for private equity residential lending, would require a high performance back office operation. By outsourcing the back office, we've been able to move quickly to take advantage of opportunities to serve a distinct borrower group and create solid investments."

"Highly specialized lenders like McMonigle Finance are a sweet spot for Titan Lenders Corp," said Mary Kladde, Titan Lenders Corp president. "Our Cerberyx platform is flexible and able to adapt to any back office requirement, our workflow is disciplined and our staff has comprehensive expertise in every conceivable aspect of executing residential lending."

Titan Lenders Corp intelligent processes are driven by its proprietary technology, Cerberyx, co-developed with eSys Technologies, Rochester, NY. Cerberyx is the evolution of a software technology application developed to replace manual processes required to manage lenders' participation in closing and post-closing functions. As a business solution, the software was developed in the practical laboratory of a closing and post-closing division servicing multiple lenders, investors, and lending business channels. It addresses the needs of all users in the transaction - accountability, visibility, efficiency and ease of use - ultimately focused on loan salability.

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.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-08-0814-007.shtml Fri, 14 Aug 2009 19:13:46 GMT Banking and Finance mortgage technology top 50 Send2Press http://www.send2press.com/newswire/2009-08-0814-007.shtml Back office outsource provider added warehouse lending platform to encourage alternative liquidity sources among community banks and private equity providers.

DENVER, Colo., Aug. 14 (SEND2PRESS NEWSWIRE) -- Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers has been named a 2009 Top 50 Service Provider by Mortgage Technology magazine.

"Titan Lenders Corp, Denver, is an outsource provider of back office fulfillment services. Titan's proprietary Cerberyx platform helps lenders achieve loan file compliance and its fulfillment protocols ensure that loans move toward their investor destination without delay or unexpected outcome," according to an article by editor Anthony Garritano in the June issue of Mortgage Technology. "The company has drawn attention to liquidity issues related to the decline in warehouse line availability and launched a platform for new entrants to operate as warehouse lenders."

Mortgage Technology selects its annual Top 50 Service Providers based on four major criteria: Customer satisfaction, functionality, market share and viable revenue model. Demonstration of functional value to lenders is the magazine's most important criterion, according to the magazine.

"Titan Lenders Corp is committed to being part of the solution that restores the mortgage industry's role and reputation as a facilitator of responsible residential real estate finance opportunities," said Titan Lenders Corp president Mary Kladde. "We are proud to receive this coveted recognition for the second consecutive year and focus daily on earning our position among the industry's leaders for years to come."

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.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-07-0724-004.shtml Fri, 24 Jul 2009 17:10:42 GMT Banking and Finance adopt a highway Send2Press http://www.send2press.com/newswire/2009-07-0724-004.shtml
On June 19 representatives of Denver's FFG did not work in the office or with clients, instead they picked up litter along a 2.5 mile stretch of highway 85, or Parker Road, in Parker, Colorado, to help a corporate sponsored program called Adopt a Highway. The budget for cleaning our highways has become limited or nonexistent and Adopt a Highway provides the department of transportation with a resource for getting them clean. Thanks to the corporate sponsors like the Financial Foundation Group, who are willing to support this effort, metropolitan highways in the nation's largest cities are cleaned frequently and have become a source of pride.

"I could not believe how much trash was on the side of the road; and how little attention it was given. It was disappointing to realize that people just do not take care of the areas that we live in," Melissa Bowman, Executive Director of FFG, says. "This was a great team building experience, we worked hard, had fun and did something that benefits the environment."

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 offices in numerous states, and approximately 75 people affiliated with the organization.

"We believe our company has experienced such growth because of our dedication to helping our clients achieve their goals even in these troubling economic times," Ken Perrin, Senior Partner and Founder of FFG, explains. "We have been helping both clients and communities get better regardless of what their current situation is. Helping others is one of the company's core values."

The management of the Financial Foundation Group is also registered representatives with, and offers 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 offering investment, retirement and insurance products and services which allows their representatives to offer financial products to suit each individual client's needs.

The knowledgeable staff at FFG has access to a wide array of investment products and can provide assistance with life insurance choices and providing wealth building strategies.

The company's Web site, FinancialFoundationGroup.com, has current market information and summaries for clients to review. It also provides breaking financial news and the top Associated Press headlines and stories.

For more company information, visit: www.FinancialFoundationGroup.com.

View online pressroom for FFG:
profiles.send2press.com/Financial_Foundation_Group.shtml.

NEWS SOURCE: Financial Foundation Group
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Financial Foundation Group, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-07-0720-004.shtml Mon, 20 Jul 2009 17:45:43 GMT Banking and Finance mortgage warehouse lending Send2Press http://www.send2press.com/newswire/2009-07-0720-004.shtml Low risk lending to mortgage businesses adds fee income and boosts local economy.

DENVER, Colo., July 20 (SEND2PRESS NEWSWIRE) -- Community banks that add mortgage warehouse lending to their commercial lending services not only make it possible for local mortgage businesses to operate, but they also play a role in stimulating local economies by energizing real estate markets, according to Titan Lenders Corp, an outsource services provider for mortgage lenders and their warehouse line providers.

As of Q2 2009, less than $25 billion in warehouse line capacity was available to independent mortgage bankers-versus MBA estimates for anticipated demand of $2.78 trillion in originations for 2009, up from $1.6 trillion in 2008. For lack of warehouse lending capacity, a $32 billion shortfall in home mortgage financing availability is conceivable.

"The disparity between supply and demand for warehouse line capacity for independent mortgage bankers is constricting the recovery of entire communities," said Titan Lenders Corp founder Mary Kladde. "We know this because of the increasing number of calls we receive from mortgage bankers that are desperate for warehouse capacity, ironically on the lowest risk product our industry has produced in more than a decade."

Currently, warehouse lending by depository institutions is subject to a commercial lending risk assessment rather than the lesser risk-based capital requirements associated with direct mortgage lending. In the current lending environment, almost every loan being originated is either agency- or government-backed implying relatively minimal risk for these loans.

"Clearly, lowering the risk-based capital requirements for warehouse lenders will encourage greater warehouse line lending participation by community banks," said Kladde. "In the meantime, institutions that take a leadership role in their communities by partnering with independent mortgage bankers will help ensure the liquidity required for a healthy residential real estate recovery, and add normal fees associated with warehouse line lending to their income."

Community depositories that extend their role in warehouse lending - both as a strategy for offering comprehensive business banking and lending services to local independent mortgage bankers, and as a commitment to the vitality and stability of their local economy, will also ensure that "big banks" are not the only ones to profit from warehouse lending to community-based mortgage lenders.

"Independent mortgage bankers and their advocates are making it a priority to build the case for a deeper understanding of community-based warehouse lending's role in the long-term sustainability of the local mortgage economy," said Titan sales VP Ruth Lee. "If they are successful, it may be possible to avoid and correct systemic errors that resulted from too great a disconnect between short-term source of mortgage funds and the localized loan collateral."

Titan's warehouse lending service platform for community institutions 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 community depository institutions.

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.

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-06-0619-002.shtml Fri, 19 Jun 2009 06:30:26 GMT Books and Publishing Colorado murder cases Send2Press http://www.send2press.com/newswire/2009-06-0619-002.shtml
In 1993, Benish worked for the Thornton Police Department in Thornton, Colo. At this time, he reopened the Neef file; a murder that took place in 1984. After some investigation, he discovers that the initial suspect was cleared without due reason. However, Benish learns that the investigation was peppered with inexperience and error.

As the author digs deeper into files, he begins to draw connections. He learns that welding particles were on the victims' bodies and clothing; the suspect in the Neef and Berrelez cases was a welder. Benish also discovers that the suspect had been arrested or seen in close proximity to all of the crime scenes.

"Almost one year ago, the Ramsey family was eliminated as suspects," Benish says. "This suspect is still at large and the jurisdictions in charge need to combine their efforts to yield resolution."

Benish strongly believes that this suspect is a serial offender and is the key to solving these cold cases.

"The public has a right to know," Benish adds. "It's very possible that this suspect continues to prowl the neighborhoods. Since 2002, he's been arrested and convicted of another sexual crime; he's finally on the Colorado Sexual Offender list. To date, he has only been revealed to be a person of interest or suspect on the Neef case."

About the Author

Jim Benish has worked as a police officer and detective; he has what he calls a "cop's sense of criminal reality" and he believes that these murders have been committed by this suspect. Throughout his career, he has written or reviewed thousands of crime reports and is proficient at recognizing and combining the elements of a crime with witness statements that many times resulted in the arrest of the perpetrator.

To learn more, visit: www.CodeFore.com.

NEWS SOURCE: Jim Benish
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Jim Benish, Books and Publishing, Send2Press. ]]> http://www.send2press.com/newswire/2009-06-0610-002.shtml Wed, 10 Jun 2009 17:44:34 GMT Alliances and Partnerships identity theft solutions Send2Press http://www.send2press.com/newswire/2009-06-0610-002.shtml Information Security a Top Priority to Reduce Fraud, Protect Borrowers and Ensure Compliance

DENVER, Colo., June 10 (SEND2PRESS NEWSWIRE) -- Identity theft solutions from Majestic Security and idBUSINESS are available through MortgageDashboard, a leading on demand loan origination system enabling paperless mortgage processing for lenders, credit unions and banks. When originated through MortgageDashboard, mortgages will include a full year of borrower identity theft protection through Majestic Security's "Because We Care" initiative. Through idBUSINESS, mortgage lenders using the MortgageDashboard system will also become compliant with Federal Trade Commission Red Flag Rules covering information security practices by businesses that extend consumer credit.

The Majestic Security "Because We Care" program extends its identity theft mitigation policy to borrowers by embedding a personal identity theft recovery service from ID Experts (www.idexpertscorp.com) into the HUD of a mortgage, at a fraction of its retail price, protecting both the borrower and the lender, while building trust and long-term customer loyalty. idBUSINESS is the standard Information Security operating system for small- to mid-sized businesses, providing information security planning tools that identify needs, assess risks, ensure compliance, and secure an organization's data.

"Information security is a fact of life for mortgage lenders and community lending institutions," said Mortgage Dashboard CEO Jorge Sauri. "By embedding identity theft protection in our on demand loan origination and processing platform, MortgageDashboard becomes a first line of defense for lenders that want to guard their borrowers and their business from information criminals."

"Majestic Security is focused on helping mortgage businesses protect themselves and their customers from the insidious impact of identity theft and misrepresentation," said CEO of Majestic Security, Jim De Geronimo. "We not only provide complete identity protection peace of mind for their business, but we also create a distinct competitive advantage though our 'Because We Care' borrower protection program."

In April 2009, the National Association of Mortgage Brokers (NAMB) named Majestic Security as preferred provider of the FACTA Red Flag Rules Compliance Module.

"Mortgage lenders are a highly desirable target for information criminals and identity theft largely due to an inherently vulnerable workflow and high volume handling and retention of copious amounts of personal information," said Bryan Thornton, creator of the idBUSINESS Red Flag Rules Compliance Module. "The MortgageDashboard paper-free platform is hosted in a secure environment, making it well-suited to offer mortgage lenders a superior level of information security through idBUSINESS, a solution we built upon forensics-based experience gained from field work with banks and mortgage companies."

About idBUSINESS

idBUSINESS is the standard Information Security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data.

idBUSINESS is powered by two leading firms in information security, ID Experts, the nation's leader in date breach prevention and remediation services, and Net Reaction, providers of forensics and information security planning products and services. To learn more, please visit www.idBUSINESS.com/.

About MortgageDashboard

MortgageDashboard is a Software as a Service (SaaS) company founded in 2001 to provide industry-leading on-demand solutions for the mortgage industry. MortgageDashboard offers an end-to-end mortgage banker system that provides lenders with on-demand tools on a pay-per-loan basis. In addition to pay-per-close software for mortgage bankers, MortgageDashboard provides the nation's leading on-demand loan origination system (LOS) for Web-based, paper-less origination and processing. For more information, please call 800-209-8812 or visit www.mortgagedashboard.com/.

Media Contact: Kerri S. Milam
DepthPR
Kerri@DepthPR.com
404.378.0850

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Alliances and Partnerships, Send2Press. ]]> http://www.send2press.com/newswire/2009-05-0527-003.shtml Wed, 27 May 2009 17:09:23 GMT Dentistry patient data security Send2Press http://www.send2press.com/newswire/2009-05-0527-003.shtml Healthcare practices remain high-risk targets for identity theft schemes

DENVER, Colo., May 27 (SEND2PRESS NEWSWIRE) -- A victim of identity theft himself in late 2008, Denver dentist Dr. Miles B. Collett this spring implemented a patient data security solution by Denver-based idBUSINESS (www.idbusiness.com). The solution, which ensures the protection of personal information and guarantees complete restoration of "prior to event" status in the event of a patient data breach protects both his approximately 750 patients and his 25-year practice from the impact of identity theft.

For Dr. Collett's dental practice, identity theft protection is both a patient care priority and a business management imperative. Although the FTC recently postponed its enforcement of the "Red Flag Rules" identity theft provisions added to the Fair and Accurate Credit Transactions Act of 2003 (FACTA), it continues to warn consumers and remind businesses that they must advise their customers when data records are compromised. (ftc.gov/bcp/edu/microsites/idtheft/business/asssiting-victims.html)

Understanding that dental practices are vulnerable targets for identity theft criminals, Dr. Collett was motivated to protect his patients from an experience he had seen firsthand. According to Dr. Collett, the "eye-opening" realization of the risk to his patients, more than potential FTC enforcement, made him take steps.

He also understood that his failure to comply with the FTC identity theft requirements would create a substantial liability for his dental practice - including potential FTC fines, additional state penalties where statutes have been enacted, and consumer-driven legal actions. He realized that legal practices would pounce on the fees and awards generated from adjudication of consumer suits against non-compliant businesses - medical and dental practices, especially.

Consider the risks and consequences for a non-compliant 750-patient dental practice under enforcement of the FACTA identity theft mandate. Whether due to information breach or FTC discovery, the following applies:

* $1,000.00 penalty per account held (a patient file is a single account) - $750,000;
* Non-compliance will become a matter of public record;
* State authorities will be notified as applicable.

Through his relationship with the Metro Denver Dental Society (www.mddsdentist.com), Dr. Collett learned that dentists who provide FTC compliant identity theft protection sidestep this disaster. Since idBUSINESS has been endorsed by the MDDS as the recommended Red Flag Rules solutions provider for its members, he selected that solution to secure his practice against a broad spectrum of potential patient data and information breaches

"In addition to the nuts and bolts of being in compliance with the FTC, which is more or less common sense, we've made a lot of changes in our business software and have been implementing step-by-step processes to improve office security," said Dr. Collett.

Today, Dr. Collett is concerned for his peers, who he fears are not "tuned in" to the imminent identity theft risks to their practice and to their patients, nor to the impact of FTC enforcement.

"I understand the mindset of other dentists in practice for themselves, and that it is easy to minimize identity theft as a business threat or a patient care issue," he explained. "It is low on their list of priorities, which is unfortunate because if and when a patient data breach occurs, we are by law responsible."

When vetting Red Flag Rules compliance solutions, look for firms that are willing, and able, to provide access to individual identity theft protection and reactive data breach services. It will reassure patients to understand that their dentist's identity theft protocol is patient-centered, and that an identity theft policy can guarantee full recovery to pre-theft status, saving an individual up to 130 working hours and $1,800 in out-of-pocket costs.

About idBUSINESS

idBUSINESS is the standard Information Security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data.

idBUSINESS is powered by two leading firms in information security, ID Experts, the nation's leader in date breach prevention and remediation services, and Net Reaction, providers of forensics and information security planning products and services. To learn more, please visit www.idBUSINESS.com.

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Dentistry, Send2Press. ]]> http://www.send2press.com/newswire/2009-05-0506-004.shtml Wed, 06 May 2009 15:36:28 GMT Business FTC Red Flag Rules Send2Press http://www.send2press.com/newswire/2009-05-0506-004.shtml Identity Misrepresentation Increases Business Risks, Says Information Security Forensics Expert Bryan Thornton

DENVER, Colo., May 6 (SEND2PRESS NEWSWIRE) -- Businesses need to be aware of the extent to which identity misrepresentation and identity theft can affect their operations and profitability, as well as their customers or clients, according to Bryan Thornton, director of information security planning for Denver-based idBUSINESS (idbusiness.com). Thornton is available to speak with news media and other business information aggregators regarding the FTC extension and the risks faced by businesses in coping with rampant identity theft schemes.

"Since the FTC has delayed the deadline for Red Flag Rules compliance until August 1, 2009, it will be tempting for businesses and organizations to put them on the back burner until another deadline looms," says Thornton. "Unfortunately, identity theft is not abating even if the enforcement of a regulation is postponed."

Businesses that insist on treating Red Flag Rules requirements as merely an issue of FTC compliance are misunderstanding the far greater risk of identity compromise and identity misrepresentation to their operation, he explains.

According to an April 30 announcement (ftc.gov/opa/2009/04/redflagsrule.shtm),

"The Federal Trade Commission will delay enforcement of the new 'Red Flags Rule' until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. For entities that have a low risk of identity theft, such as businesses that know their customers personally, the Commission will soon release a template to help them comply with the law. Today's announcement does not affect other federal agencies' enforcement of the original November 1, 2008 compliance deadline for institutions subject to their oversight."

Enacted by Congress, and enforced by the Federal Trade Commission, the Red Flag Rules are an effort to activate businesses to respond in their own, and their customers', best interest, Thornton explains. They are neither the cause of the challenges they address, nor are they the solution.

"The front line of identity theft and identity misrepresentation has shifted to encompass physical points of sale or points of service, meaning that businesses must completely restructure their behavior and thought processes around information security. By focusing purely on regulatory sticks and carrots, businesses are failing to adopt a more vigilant perspective on information security, both physical and digital," he said.

Developing a Red Flag Rules policy, and understanding how that policy fits within your overall business operations, is a good place to begin building that perspective, Thornton proposes. Businesses must ask themselves critical questions to challenge their understanding of how identity theft might penetrate their operations: Can you be certain that your customers are who they say they are? How much exposure does your place of work receive from third party vendors such as maintenance personnel or third party service providers? What is left on your employees' desks at the end of the day? How many different points of access are there to your computer and digital information networks?

About idBUSINESS

idBUSINESS is the standard Information Security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data.

idBUSINESS is powered by two leading firms in information security, ID Experts, the nation's leader in date breach prevention and remediation services, and Net Reaction, providers of forensics and information security planning products and services.

To learn more, please visit www.idBUSINESS.com.

Media Contact:
Kerri Milam
Depth Public Relations
1-404-378-0850
Kerri@DepthPR.com

NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Business, Send2Press. ]]> http://www.send2press.com/newswire/2009-04-0428-002.shtml Tue, 28 Apr 2009 14:14:37 GMT Dentistry identity theft Send2Press http://www.send2press.com/newswire/2009-04-0428-002.shtml Dental Practices at Risk For Non-Compliance with FTC Consumer Protection Regulations

DENVER, Colo., April 28 (SEND2PRESS NEWSWIRE) -- idBUSINESS (www.idBUSINESS.com), a Denver-based identity theft security expert and identity recovery services provider today became the preferred provider of the Metro Denver Dental Society (mddsdentist.com) (MDDS) for the provision of "Red Flag Rules" compliance solutions to its more than 1,500 members.

In February 2009, the Federal Trade Commission (FTC) explicitly included healthcare practices in mandatory compliance requirements related to identity theft provisions added to the Fair and Accurate Credit Transactions Act of 2003 (FACTA). Following months of discussion regarding the applicability of FACTA regulations to healthcare providers already compliant with the Health Insurance Portability and Accountability Act (HIPAA), the FTC stated "health care professionals are covered by the Rule when they regularly defer payment for goods or services."

"MDDS and its members are concerned for the safety of patients, and their families, whose personal information is as much under our care as their dental health," said Terri Gilpin, MDDS executive director. "We wanted to go beyond the American Dental Association's (ADA's) Red Flag Rules guidance to offer our members a solution that included tools for employee training and vendor assessment, both of which are critical to any program's success."

"idBUSINESS has clearly demonstrated its information security expertise, its capabilities related to compliance with FTC requirements and its commitment to protecting our members and their patients," Gilpin added. "We have confidence in their ability to serve our members."

A component of the American Dental Association (ADA), MDDS represents approximately 82 percent of all the licensed dentists in the Denver metropolitan area. The MDDS is committed to supporting the highest ethical practice of dentistry and to being the indispensable source of dental health education and community service in the Denver metropolitan area.

"As a by-product of the identity theft plague, dental practices are now required to protect their patients' identity information or face significant financial penalties," said idBUSINESS president Scott Sax. "Specifically, dentists that offer credit/payment terms to their patients are categorized as creditors under FACTA, and as such must comply with its provisions."

"Enforcement of this law is imminent, making it advisable for dental practices to seek an immediate solution, since there is no 'opting out,'" Sax added.

According to idBUSINESS, under the FACTA identity theft mandate, if a dentist with a patient roster of 200 is discovered to be non compliant whether due to information breach or FTC discovery, the following penalty will apply:

* $1,000.00 per account held (a patient file is a single account) - $200,000;
* Non-compliance will become a matter of public record;
* State authorities will be notified as applicable.

"An ideal Red Flag Rule compliance solution is built on real world forensic and information security experiences, allowing it to address both the spirit and the letter of the law," explained Sax. "Dentists can expect to begin meeting the requirements of the law within one hour if they select a vendor with that capability. Upon satisfying the requirements, the vendor should enable dentists to download their own custom Red Flag Compliance plan."

When vetting possible providers of Red Flag Rules compliance solutions, idBUSINESS recommends dentists select one that is willing, and able, to provide access to individual identity theft protection and reactive data breach services. It will reassure patients when they understand that their dentist's identity theft protocol is patient-centric, and that an id theft policy can guarantee full recovery to pre-theft status, while saving an individual up to 130 working hours and $1,800 in out-of-pocket costs.

About idBUSINESS

idBUSINESS is the standard Information Security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data. idBUSINESS customers gain access to individual identity theft protection and reactive data breach services from ID Experts, the leaders in fully-managed identity recovery, as well as services from globally recognized forensics firm Net Reaction. To learn more, please visit www.idBUSINESS.com.

About MDDS

The Metropolitan Denver Dental Society (MDDS), a component of the American Dental Association (ADA), has been serving the profession of dentistry since 1897. Our 1,500+ member dentists, representing approximately 82 percent of all the licensed dentists in the Denver metropolitan area, collectively exemplify the MDDS mission of supporting the highest ethical practice of dentistry and being the indispensable source of dental health education and community service in the Denver metropolitan area.

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Dentistry, Send2Press. ]]> http://www.send2press.com/newswire/2009-04-0416-009.shtml Thu, 16 Apr 2009 18:32:15 GMT Books and Publishing Roadrunner Marketing Send2Press http://www.send2press.com/newswire/2009-04-0416-009.shtml PR Pros Offer Recession Strategies For Independent Business Owners

DENVER, Colo., April 16 (SEND2PRESS NEWSWIRE) -- With job losses at alarming levels, marketing and public relations pro's Melanie Goetz and Esty Atlas, of Hughes & Stuart Marketing, have combined four decades of experience, insight, strategic techniques, affordable public outreach ideas, and business branding concepts into their newly released book, "Roadrunner Marketing: Strategic Secrets You Wish You Knew" (ISBN: 978-1-4392-1575-3).

Says co-author and four-time Emmy award winning creative producer Esty Atlas, "There are approximately 32 million small-business owners in the United States and Canada, and every day, another 2,500 people decide to go into business for themselves." She added, "With such a high number of corporate layoffs today, come more people trying to start a business, but research shows 66 percent of new businesses will fail in the first four years, in large measure due to poor marketing and only five percent will ever reach 1 million dollars in revenues."

To help inspire and educate new entrepreneurs, this grassroots marketing book is filled with immediate things every business owner should already be doing, and can easily do, to help increase their visibility, affordably, within their own consumer marketplace. The strategies and easy-to-grasp concepts cover the essentials of building one's presence and loyalty in the minds of consumers.

"Costly business mistakes can easily be avoided if people just understand the basic philosophies that motivate consumers," said Atlas.

Co-author Goetz was inspired to write a book after being interviewed on a national TV program, Heartbeat of America, and asked if she would consider putting decades of client work into an easy user guide. "After seeing what's already been written on this topic, we felt there was a missing element that directly addressed smaller business owners who would benefit from the encouragement and in-depth profiles of everyday self-made entrepreneurs - names people may not recognize, but can identify with who have successfully built their businesses," said agency president Melanie Goetz.

Founder of Panera Bread Company explains why he quit the clothing business and how he built a multi-million dollar business while admittedly knowing nothing, at first, about its core product. Profiles comparable to this are showcased throughout the book and the similarities of these very different people point toward similar internal characteristics more than external education. And what does mega-star actor William Shatner have to do with this book? Inspiration comes from surprising sources as author Melanie Goetz learned when she encountered a star-ship surprise of their own.

Each of the 26 chapters is designed to help independent businesses build awareness, get positive publicity, attract customers, reduce advertising expenses, 'beep the competition', and create effective "word-of-mouse" interest through easy to follow step-by-step instructions. The book is available through Amazon.com. For more on Roadrunner Marketing visit www.hughesstuart.com.

Author Melanie Goetz

President of Hughes & Stuart Marketing since 1980, Melanie serves as the senior account executive for the company. Melanie's MBA degree and tactical marketing experience are complemented with genuine common sense intuition that serves clients on many levels. Melanie, Esty, and the Hughes & Stuart creative team develop public relations and outreach programs for businesses as well as non-profits and government. As an independent businesswoman who has served on multiple boards, a champion of causes for non-profit fundraising, and marketing consultant, Melanie's thirty years of expertise and account management skills have effectively enhanced the communication efforts and public outreach for people and companies in many industries and trade associations.

Author Esty Atlas

Sixteen years of public relations, marketing, and creative services in television news-driven stations led Esty to work with a diverse client base independently to improve their public outreach efforts. Esty believes marketing takes an intuitive understanding of the characteristics that attract the desired consumers to create a positive public image through effective communication techniques. Esty is a four-time Emmy-award winning writer/creative producer who has also been honored with eight Colorado Broadcasters Association awards, by the Public Relations Society of America, New York Film Festival, and Promax Marketing Executives. She has also won five national Telly awards.

Book Summary
Title: "Roadrunner Marketing: Strategic Secrets You Wish You Knew"
Authors: Melanie Goetz and Esty Atlas
ISBN: 978-1-4392-1575-3 Softcover, 2009, $14.99.

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Hughes and Stuart Marketing
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Hughes and Stuart Marketing, Books and Publishing, Send2Press. ]]> http://www.send2press.com/newswire/2009-04-0410-001.shtml Fri, 10 Apr 2009 13:05:20 GMT Printing and Packaging idBUSINESS Send2Press http://www.send2press.com/newswire/2009-04-0410-001.shtml Identity theft security expert advises printing industry of penalties and legal risks

DENVER, Colo., April 10 (SEND2PRESS NEWSWIRE) -- Commercial printers must provide identity theft protection to their customers under Federal Trade Commission (FTC) enforcement of the "Red Flag Rules" provisions of the Fair and Accurate Credit Transactions Act of 2003 (FACTA), advises identity theft security expert and identity recovery services provider idBUSINESS (www.idbusiness.com).

As the nation's consumer protection agency, the FTC is central in the Federal government effort to stem the epidemic spread of identity theft, which it estimates has an impact on nine million individuals annually. According to the FTC (www.ftc.gov) the Red Flags Rules apply to "financial institutions" and "creditors" with "covered accounts":

A creditor is any entity that regularly extends, renews, or continues credit; any entity that regularly arranges for the extension, renewal, or continuation of credit; or any assignee of an original creditor who is involved in the decision to extend, renew, or continue credit ... A covered account is ... an account for which there is a foreseeable risk of identity theft - for example, small business or sole proprietorship accounts.

"Commercial printers must comply with FTC 'Red Flag Rules' when they defer customer payments, which per the law makes them a creditor, or if they provide services to the target industries such as healthcare, financial services, insurance, and automobile financing," said idBUSINESS president Scott Sax. "Due to the information-rich nature of their services, non-compliant printers risk becoming embroiled in someone else's red flag nightmare."

Under the Red Flags Rules, commercial printers must develop "a written program that identifies and detects the relevant warning signs - or 'red flags' - of identity theft" and "must also describe appropriate responses that would prevent and mitigate the crime and detail a plan to update the program." On top of significant FTC penalties, non-compliant businesses can face state regulators, and can become the target of consumer litigation whether or not information is breached.

"The printing industry is inherently at risk of identity theft-related exposure because of the information we manage on behalf of our customers," said Pacific Printing & Imaging Association (www.pacprinting.org) executive director Jules Van Sant.

Fortunately, Van Sant noted, Pacific Printing and Imaging has always been at the forefront of identity theft protection for its customers due to its early relationship with ID Experts (www.idexpertscorp.com), and continues to adapt as identity theft criminals devise new strategies. As a leading expert in data breach prevention and remediation, ID Experts works with industry and federal organizations to develop best practices and offer innovative products that address the growing problem of identity theft.

Van Sant cited a 2006 incident in which a Wisconsin business inadvertently printed envelopes with some 170,000 social security numbers due to a computer glitch in a mail merge. At the time, the reprint in and of itself created a substantial loss. Today, they may also have been held liable by the FTC or subject to class action litigation - above and beyond the state of Wisconsin.

"Proactive identity theft protection is a leadership opportunity similar to the environmental-focused FSC certification, for which early adopters reaped competitive benefits. Printers who can demonstrate a strong information security policy and communicate it effectively to their markets will have an advantage," Van Sant said.

An effective "Red Flag Rules" compliance solution reflects real world forensic and information security experiences, meets and exceeds the 26 identity theft "Red Flags" itemized by the legislation, and delivers a more comprehensive set of identity theft triggers, according to idBUSINESS. Printers can expect to begin meeting the requirements of the law within one hour if they select a provider with that capability. Upon satisfying the requirements, the provider should enable printers to download their own custom Red Flag Rules compliance plan.

In addition to commercial printers, businesses that are now required to protect the identity of their customers include: healthcare providers; mortgage lenders; financial planners; auto dealerships; and insurance agents.

About idBUSINESS

idBUSINESS is the standard information security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data.

idBUSINESS is powered by two leading firms in information security, ID Experts, the nation's leader in date breach prevention and remediation services, and Net Reaction, providers of forensics and information security planning products and services.

To learn more, please visit www.idBUSINESS.com.

All trademarks and service marks are the property of the respective parties.


NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Printing and Packaging, Send2Press. ]]> http://www.send2press.com/newswire/2009-04-0407-004.shtml Tue, 07 Apr 2009 17:27:18 GMT Banking and Finance Titan Lenders Corp Send2Press http://www.send2press.com/newswire/2009-04-0407-004.shtml Expert outsource services and platform provider reduces risk and overhead with fixed, per unit pricing

DENVER, Colo., April 7 (SEND2PRESS NEWSWIRE) -- Private equity funds can achieve more immediate return on investment by funding mortgage warehouse line loans for mortgage bankers (titanlenderscorp.com/warehouse-lenders.htm) that originate 100 percent government-backed loans tagged for purchase by a GSE, according to U.S. mortgage lending services outsource expert Titan Lenders Corp (titanlenderscorp.com).

Mortgage warehouse lenders add liquidity for independent mortgage bankers by allowing them to temporarily fund mortgages at the closing table rather than waiting out the process of shipping loans to investors to replenish operating capital. In March, Titan launched a warehouse lending operations service platform that can speed private equity fund entry into a structured investment that collects interest at approximately 3 - 5 basis points per diem for a 15 - 30 day duration (www.titanlenderscorp.com/News.htm).

Some mortgage banks have already discovered the option of establishing a warehouse line through private equity. GMI Home Loans (gmihomeloans.com), a New Jersey retail mortgage banker originating approximately $500 million per annum in conventional, FHA and reverse mortgages, encountered liquidity challenges soon after its launch in 2007 when access to warehouse line facilities began shrinking industry wide. GMI turned to NVC Premier Fund LLC, an entity managed by New Vision Capital Partners, LLC, for its funds, and worked with Titan Lenders Corp to develop a warehouse line process management platform.

"As a matter of necessity, we went outside the box to secure reliable liquidity for our business, and found a private equity source to fund our warehouse line," said GMI Home Loans founder and president Glen Lemeshev. "Making it work for our correspondent investors required that we secure a third-party administrator and custodian, and put into place processes and safeguards that ensure our loans are accepted for purchase by them."

"Wall Street's volatility and a general degradation of quality in the bond market offer a stark contrast with warehouse line lending, which offers a solid return on an extremely low risk investment," said Titan Lenders Corp founder and president Mary Kladde(titanlenderscorp.com/people/mary_kladde.htm). "Considering that today's residential real estate loans are of the highest caliber in 15 years, and the product mix is limited to agency and government backed loans, the stage is set for private equity investment into mortgage warehouse line lending."

As noted in Titan Lenders Corp blog posts (www.titanlenderscorp.com/blog/) 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 fewer than 30. As conventional fixed mortgage rates dip to historic lows, the scarcity of bridge financing is keeping reputable mortgage bankers on the sideline and impeding progress in the mortgage market recovery. According to Titan, private equity funds can fill the gap between loan origination and ultimate investor with minimum start up and operating costs by outsourcing the technology infrastructure and process management.

"Private equity funds that operate warehouse lines under a variable cost model with embedded technology can enter the market without major infrastructure investment," said Titan Lenders Corp vice president for sales Ruth Lee. "They can also pilot programs on a smaller scale, taking their capital to market in a highly structured, process-driven environment. When these processes are refined and perfected, funds can scale up, down, regionally, nationally, conforming or niche."

Private equity funds that provide warehouse line lending to mortgage bankers should partner with an expert provider that has a solid understanding of mortgage warehouse line lending, origination, investment and regulation, according to Kladde.

Titan offers fulfillment services and expertise to execute a warehouse line, limiting the required technology investment, which can be prohibitively expensive up to $500K. Titan provides a broad scope of operational expertise for both the primary and secondary mortgage markets, offering a unique perspective on investor requirements to purchase loans; how to forestall salability issues; clarify process and procedures necessary to avoid repurchase, fraud and errors in production effecting salability; and take corrective measures quickly and efficiently in the event of worst-case scenarios.

Titan's warehouse lending service platform includes collateral management, line reconciliation, and technology infrastructure, providing private equity fund managers the same operational support as any warehouse line lender.

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 private equity funds 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.

Contact Mary Kladde at mary.kladde@titanlenderscorp.com .

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-03-0310-002.shtml Tue, 10 Mar 2009 07:58:41 GMT Banking and Finance Titan Lenders Corp Send2Press http://www.send2press.com/newswire/2009-03-0310-002.shtml Demise of warehouse lenders creates opportunity for local banks and credit unions

DENVER, Colo., March 10 (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 (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 (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 .

NEWS SOURCE: Titan Lenders Corp
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp, Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2009-03-0304-002.shtml Wed, 04 Mar 2009 16:14:16 GMT Ski and Snow Sports Suzy Chaffee Send2Press http://www.send2press.com/newswire/2009-03-0304-002.shtml "The Rosa Parks of WomenSports Opportunities?"

DENVER, Colo., March 4 (SEND2PRESS NEWSWIRE) -- Olympic skier Suzy Chaffee will be honored at the 35th Annual Sportswomen of Colorado Hall of Fame Awards banquet at Denver's Marriott Tech Center Hotel on March 8. "Suzy deserves the 'Pioneer Award' for birthing freestyle skiing, Title 1X and inspiring ski areas to share the joy of skiing with tribal youth," said Joan Birkland, executive director.

"Suzy got world headlines in their silver suit as America's top downhiller in the '68 Grenoble Olympics. From a dream as a child ballerina, she went on to invent ski ballet, launch Colgate Women's Freestyle, introduce the sport on the Tonight Show, become 3X World Freestyle Champion, and qualify freestyle to be an Olympic Sport.

Olympian Ann Taylor of Denver/Vail, Suzy's mentor, encouraged her to further spice up the sport. Skiing with President Ford in Vail, thanks to his photographer, David Kennerly, resulted in Ford's ad man, impressed with her activism, dreaming up the "Suzy Chapstick" commercials that put fun into American fitness. Starring in Bogner's hit, "Fire & Ice," Baryshnikov called her ski ballet gift "fun, imaginative with lovely lines."

Chaffee credits DU in 1974-5, for being the catalyst for all her pioneering. "After promising me training, I wasn't allowed to ride in the team car to the mountains because I didn't have 'male equipment,'" she said, "nor get a ski scholarship. So I hitchhiked 60 miles."

"Fortunately, Mammoth Mountain's Dave McCoy offered me coaching to get my Olympic Dream," she said.

Through her Olympic mom, Stevia, Suzy realized girls/moms get families healthy and kids to the Olympics, so she gladly led for PE Teachers of America in 1975, the Title 1X DC March for Equal Opportunity for WomenSports in schools. Then set up the White House meeting for Billy Jean King (Cherokee), Donna DeVarona and WSF lawyers to get it enforced. Enlightening Senator Ted Kennedy and President George Bush Sr to put it under their wings, has resulted in women saving America a trillion in healthcare and welfare.

Her contributions to equal opportunities in sports and life to millions of girls, after being denied even a ride, a fan called Chaffee, "the Rosa Parks of WomenSports."

Thanks to a grant by fellow Olympians to ensure future generations can ski, after tribal snowdances saved many ski areas from droughts, Suzy founded Telluride's "Ute Future Olympians program" in 1996. It snowballed across America evolving into Chaffee and Steamboat's Billy Kidd (Abenaki) helping develop Olympic Hopefuls through the Native American Olympic Team Foundation. NAOTF is a Colorado 501(c)3, whose mission is "creating joyful unity through sports to heal Mother Earth for all children, including through Olympic participation" (see www.snow-riders.org).

"Empowering others is the ultimate high, why I honor the Sportswomen of Colorado supporters for cheering on this new crop of stunning Rocky Mt champions," said Chaffee. Her green leadership, further impassioned by a brush with cancer, inspired Vermont Country Store to co-create a 95-percent organic "Suzy Chaffee Naturals" lip balm, "...to Ski in More Harmony with Nature." Special thanks to Neotrope's Send2Press.com.

*(PHOTO 72dpi: Send2Press.com/mediaboom/09-0304-Chaffee_72dpi.jpg)

*(Photo Caption: 'First Lady of Skiing,' Suzy Chaffee to be honored at Denver Marriott on March 8, for pioneering freestyle skiing, Title 1X, and Native American Ski Programs. Photo credit: Bob Troxell.)

Costs associated with this news announcement were donated by Neotrope(R).

NEWS SOURCE: Native American Olympic Team Foundation
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Native American Olympic Team Foundation, Ski and Snow Sports, Send2Press. ]]> http://www.send2press.com/newswire/2009-03-0303-003.shtml Tue, 03 Mar 2009 16:43:08 GMT Safety and Security Solutions idBUSINESS Send2Press http://www.send2press.com/newswire/2009-03-0303-003.shtml Identity Theft Security Expert Urges Consumers to Understand Increased Patient Record Risks

DENVER, Colo., March 3 (SEND2PRESS NEWSWIRE) -- Consumers should expect identity theft protection from their healthcare providers, such as physicians and dental practices, now that the Federal Trade Commission (FTC) has definitively clarified them as "creditors" under the "Red Flag" provisions of the Fair and Accurate Credit Transactions Act of 2003 (FACTA), according to identity theft security expert and identity recovery services provider idBUSINESS (www.idbusiness.com).

"Consumers entrust their health and personal information to their doctors. Clearly, the FTC views healthcare providers as liable for their stewardship of certain patient record information," said idBUSINESS president Scott Sax. "Consumers should be aware that identity theft involves much more than credit information and social security numbers. It includes things like health insurance identification numbers, employment identification and children's identification - all of which are typically part of a patient file in a typical healthcare practice."

After months of discussion with the American Medical Association (AMA) regarding the applicability of FACTA regulations to healthcare providers already compliant with the Health Insurance Portability and Accountability Act (HIPAA), the FTC in a February, 2009 letter stated that "health care professionals are covered by the Rule when they regularly defer payment for goods or services."

Addressed to AMA Director of Federal Affairs Margaret Garikes by FTC Acting Director of Bureau of Consumer Protection Eileen Harrington, the letter details the intent of the identity theft provisions:

"The Red Flags Rule is intended to address all forms of identity theft, including those involving the provision of health care . . . Medical identity theft can surface when a patient seeks care using the name or insurance information of another person, which can result in both false billing and the potentially life-threatening corruption of a patient's medical records.

"A nationwide survey conducted for the FTC found that 4.5-percent of the 8.3 million victims of identity theft had experienced some form of medical identity theft, including the fraudulent use of their health insurance to obtain medical care or to obtain health insurance in their name. The incidence of medical identity theft may be increasing."

"Regardless of where the information comes from, identity theft infects an individual's reputation and threatens their credit standing," Sax said. "That means that a criminal uses the good name, credit history and other personal information of an unsuspecting individual to get services or funds illegally.

"Many criminals get to individuals' private information because some businesses fail to protect it," he added. "More than ever before, individuals must take control of their own identity protection by following new routines for disposing of documents and papers, becoming aware of which businesses ask for personal identity information and asking: 'Do I trust this business to protect my identity information?' and actively inquiring as to whether your doctor's office, your financial adviser, your mortgage lender or other business is protecting your information in accordance with the Federal Trade Commission's requirements."

In addition to healthcare providers, businesses that are now required to protect the identity of their customers include:

* Mortgage lenders
* Financial Planners
* Auto dealerships
* Insurance Agents

About idBUSINESS

idBUSINESS is the standard information security operating system for small- to mid-sized businesses. It provides information security planning tools that identify needs, assess risks, comply with the law, and secure an organization's data. idBUSINESS customers gain access to individual identity theft protection and reactive data breach services from ID Experts, the leaders in fully-managed identity recovery, as well as services from globally recognized forensics firm Net Reaction.

To learn more, please visit www.idBUSINESS.com.

Media Contacts:

Steven Lane (in Denver)
Vice President, Marketing
idBUSINESS
404-245-5744
steven.lane@idbusiness.com

Kerri Milam
Depth PR
404.378.0850
kerri@depthpr.com

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: idBUSINESS
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: idBUSINESS, Safety and Security Solutions, Send2Press. ]]> http://www.send2press.com/newswire/2009-02-0202-005.shtml Mon, 02 Feb 2009 13:17:36 GMT Banking and Finance Mary Kladde blog Send2Press http://www.send2press.com/newswire/2009-02-0202-005.shtml DENVER, Colo., Feb. 2 (SEND2PRESS NEWSWIRE) -- Extending TARP funds to bolster mortgage warehouse line lending capacity will ease frontline liquidity challenges as lowering interest rates motivate solid, low risk borrowers to seek new or refinanced mortgages, and allows lenders to deliver high quality investment grade mortgages to the market, according to the blog (titanlenderscorp.com/blog/) published by the founder and chief executive for Titan Lenders Corp., a U.S. outsource services provider to mortgage lenders.

The MBA this year saw a 75-percent reduction in the number of warehouse lending participants to their annual convention, with only a handful taking new applications. The disappearance of major market players, like Countrywide, First Collateral and Washington Mutual, only forebodes further constraints as other warehouse line lenders succumb to the credit availability malaise.

"Because our customers are lenders, our ear is to the ground for what is driving and what is restraining the stabilization of normal, conventional mortgage lending activity in many parts of the country," said Mary Kladde, who founded the outsource services firm in 2007. "The decline in warehouse line lenders and overall shrinkage in the availability of bridge financing for even high FICO, 100-percent compliant FHA and conventional loans hinders an area of our economy where the rubber hits the road."

"Warehouse line lending is the lifeblood for correspondent mortgage lenders still serving homebuyers and homeowners in this market," she said.

It is essential that public policy shapers and advisors, and elected officials at the Federal and State governments, especially those that have access to Obama Administration economic teams and Treasury Department heads understand the function of warehouse line lending in the recovery not only of the mortgage sector, but for the many housing-dependent industries, Kladde added.

In her blog Kladde proposes that, under the direction of the FHFA or another regulatory body, the federal government earmark TARP funds to create a nationally subsidized Warehouse Line Provider.

"The idea is a simple one born of common sense. Correspondent mortgage lenders in good standing could immediately access the needed line extensions or obtain a new line to meet the demands of the market. Then, only high quality, thoroughly audited and compliant loans would be funded through these lines.

"The risk exposure is extremely limited, in that the line is a short-term extension of credit that will replenish itself every 15-30 days as loans are sold to the purchasing investor. Further, traditional warehouse lending fees and interest would be charged to the participating lenders for their use of the funds, thereby generating income for other economic stimulus programs.

"If a federally funded, closely regulated warehouse line becomes a pillar of the economic stimulus package, taxpayer money would immediately show a return on investment and potentially lessen the overall burden by producing revenue for the government," Kladde writes.

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 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.

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Titan Lenders Corp.
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.

TAGS: Titan Lenders Corp., Banking and Finance, Send2Press. ]]> http://www.send2press.com/newswire/2008-12-1230-002.shtml Tue, 30 Dec 2008 07:30:06 GMT Insurance Financial Foundation Group Send2Press http://www.send2press.com/newswire/2008-12-1230-002.shtml
"We truly enjoy helping people as part of what we do," Ken C. Perrin, Senior Partner with the Financial Foundation Group says, "and although building homes with Habitat for Humanity is a far stretch from helping others with their retirement, college funds, or insurance needs, it is still about providing support and services to others."

Habitat for Humanity is a home ownership program for hard working families needing safe and affordable homes. Habitat of Metro Denver is the 16th highest producing Habitat in the United States and only the 5th affiliate to raise over a million dollars to aid Habitat affiliates in over 30 different countries. Habitat's belief is that everyone deserves a decent place to live and together with the help of organizations like the Financial Foundation Group, that belief is becoming a reality one community, one home, and one family at a time.

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 6 offices and approximately 100 people affiliated with the organization.

"We believe our company has grown by leaps and bounds due to our dedication to helping our clients achieve their goals," Mr. Perrin explains. "We have concrete plans to open another office in Southern California in the next couple of months, and we want to make sure contributing to the community is highly encouraged in all offices. This way we can not only help our clients, but help those less fortunate achieve their goals as well."

Associates of the Financial Foundation Group are also registered representatives with and offer securities through InterSecurities, Inc. (ISI), member FINRA, SIPC. ISI, an AEGON company, is a national full service Broker/Dealer offering investment, retirement and insurance products and services which allows their representatives to offer financial products to suit each individual client's needs.

The knowledgeable staff at FFG has access to a wide array of investment products and can provide assistance with life insurance choices and providing wealth building strategies.

The company's web site, FinancialFoundationGroup.com, has current market information and summaries for clients to review. It also provides breaking financial news and the top Associated Press headlines and stories.

For more company information, visit: www.FinancialFoundationGroup.com.

All trademarks are property of their respective owners. LD28147-12/08

NEWS SOURCE: Financial Foundation Group
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2008 Neotrope® News Network - all rights reserved.

TAGS: Financial Foundation Group, Insurance, Send2Press. ]]> http://www.send2press.com/newswire/2008-12-1229-004.shtml Mon, 29 Dec 2008 14:58:29 GMT Insurance Freedom Service Dogs Send2Press http://www.send2press.com/newswire/2008-12-1229-004.shtml
Freedom Service Dogs is a non-profit organization that rescues dogs from shelters where they may potentially be put down. Freedom Service Dogs then custom trains the dogs to provide lifetime support and assistance to people with disabilities. Through this program people are able to get through the day to day activities and lead a higher quality of life.

Employees of Freedom Services Dogs are committed to making sure that every dog finds the perfect home. If the dog does not have the proper temperament or is potentially too shy to work with the disabled they are determined to find an adoptive family as the organization is a no-kill facility. Even though FFG and Freedom Service Dogs are different companies in completely different industries, both organizations share a similar mindset of trying to help anyone possible. The Financial Foundation Group believes everyone, regardless of their current situation, should have the opportunity to work with a financial professional and plan for their future.

"Being able to take time away from the office to volunteer and give back to the community is very important to everyone at FFG. It was a great experience to see how committed everyone was to helping the dogs at Freedom Dog Services. It was also very nice to do some team building outside the office with another great organization," says Melissa Bowman, Executive Director, of the Financial Foundation Group of Denver.

In 2002, through an affiliate company, the Financial Foundation Group 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 6 offices and approximately 100 people affiliated with the organization nationwide.

"I believe the growth that FFG has experienced in the past few years is due to the commitment level that each of us has to helping people establish their financial goals and objectives as well as our commitment to giving back to a community," Ms. Bowman states. "Giving the opportunity to our employees to volunteer is extremely important to us nationwide. This way we can not only help our clients, but also those who are less fortunate."

Associates of the Financial Foundation Group are also registered representatives with and offer securities through InterSecurities, Inc. (ISI), member FINRA, SIPC. ISI, is a national full service Broker/Dealer offering investment, retirement and insurance products and services which allows their representatives to offer financial products to suit each individual client's needs.

The knowledgeable staff at FFG has access to a wide array of investment products and can provide assistance with life insurance choices and in providing wealth building strategies.

The company's web site, www.FinancialFoundationGroup.com, has current market information and summaries for clients to review. It also provides breaking financial news and the top Associated Press headlines and stories.

For more company information, visit: http://www.FinancialFoundationGroup.com/.

All trademarks are property of their respective owners. LD4597002-12/08

NEWS SOURCE: Financial Foundation Group
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2008 Neotrope® News Network - all rights reserved.

TAGS: Financial Foundation Group, Insurance, Send2Press. ]]> http://www.send2press.com/newswire/2008-12-1202-009.shtml Tue, 02 Dec 2008 13:56:13 GMT Real Estate Rebuilding of America Send2Press http://www.send2press.com/newswire/2008-12-1202-009.shtml
Rebuilding of America CEO, Jim Jameson, is personally invested in this project. "After having the proverbial wool pulled over my eyes, back-door politics, and pork-barrel spending, I wanted to see a project that would actually work," he says.

Jameson spent thousands of dollars working with the Security and Exchange Commission; legal advisors; and reputable financial experts and institutions to create Rebuilding of America. They have invested time and money to help stimulate the country's economy; get people back to work; and to help others make money along the way.

So, how does it work? For a $20 investment and a $5 processing fee, anyone can participate. For safety and security, all funds are bundled into $250,000 Jumbo Certificates of Deposit, which are fully insured by the FDIC. Money is then used to underwrite financing, and direct the rebuilding and resale of commercial, income-producing properties.

Rebuilding of America leverages the CDs to purchase, rehabilitate, modernize or finish foreclosed income-producing properties throughout the U.S. 100 percent of the profits from these projects are then returned to the investors, equally, on an annual basis.

Rebuilding of America's operational capital is derived from the interest on the CDs. Original investments are never compromised or used and will be returned to the investors after a five-year term.

When people join, a Certificate of Authenticity is immediately provided and they are kept informed, on a quarterly basis, about the progress of their project.

With decades of construction, building and sales expertise, the team at Rebuilding of America is perfectly poised to be leading this ambitious economic-stimulus package. They hire only reputable and licensed building and consulting professionals to ensure quality workmanship and maximum return on each investment.

"If fundraisers can gather millions of dollars to fund political campaigns for change at $5 per person, we can also make real change at $20 per person," Jameson says.

More information: www.RebuildingofAmerica.com.


Send2Press Editorial note: as with all financial investments, review local laws and prospectus, guarantees, and local or Federal licensing before parting with your money.

NEWS SOURCE: Rebuilding of America
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2008 Neotrope® News Network - all rights reserved.

TAGS: Rebuilding of America, Real Estate, Send2Press. ]]>