Colorado Business News - Page 10

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp has been named a preferred provider by Flagstar Bank (NYSE:FBC) 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.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp 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.

DENVER, Colo. (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.

DENVER, Colo. (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.

DENVER, Colo. (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.

DENVER, Colo. (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 is one of a specialized few providers of mortgage back office fulfillment services.

DENVER, Colo. (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.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Private equity funds can achieve more immediate return on investment by funding mortgage warehouse line loans for mortgage bankers 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.

DENVER, Colo. (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. 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.

DENVER, Colo. (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 published by the founder and chief executive for Titan Lenders Corp., a U.S. outsource services provider to mortgage lenders.

BOULDER, Colo. (SEND2PRESS NEWSWIRE) — Nursing home costs are skyrocketing to an average of $75,000 per year and a new book – ‘How to Protect Your Family’s Assets from Devastating Nursing Home Costs: Medicaid Secrets’ (Phylius Press, ISBN: 978-0-9790801-1-1) – teaches people how to qualify for Medicaid to get these expenses paid.