DENVER, Colo., May 19, 2014 (SEND2PRESS NEWSWIRE) — Titan Capital Solutions (TCS), a wholly-owned jumbo correspondent investment subsidiary of mortgage outsource services provider Titan Lenders Corp., announced it has been named a preferred investor by Capital Markets Cooperative (CMC), a nationwide alliance of mortgage bankers.
As a preferred investor, TCS can make exclusive jumbo pricing and discounts available to CMC’s network of over 85 Patron members.
“Trust, but verify is the cornerstone principle of a vibrant jumbo marketplace,” said Mary Kladde, CEO of TCS. “Titan’s relationship with Capital Markets Cooperative is built on trust and confidence in its guiding principles, which in turn allows us to extend advantageous terms to its Patron network. This is how the mortgage industry was meant to work.”
CMC actively seeks partnerships with the industry’s top investors to maximize revenue on the sale of its members’ loan originations. CMC negotiates additional investor incentives based on its Patrons’ collective annual production-over $87B in 2013.
“Jumbo mortgages are a significant opportunity for our Patrons, and their access to reliable investor channels ensures the liquidity that keeps their pipelines active,” said Chris Romano, senior vice president at CMC. “We know the Titan organization well and are pleased to add Titan Capital Solutions as a preferred investor for our cooperative model.”
About Capital Markets Cooperative:
Founded in 2003, Ponte Vedra Beach, Florida based Capital Markets Cooperative ( http://www.capmkts.org/ ) leverages the collective power of a nationwide network of mortgage bankers to negotiate better pricing, products and service during the process and sale of mortgages. Patron members choose from a wide array of services including risk management and hedging solutions; a full roster of preferred investor and service providers; MSR valuations and analytics; and servicing acquisitions through its wholly-owned subsidiary, CMC Funding.
About Titan Capital Solutions:
Titan Capital Solutions ( http://www.titancapitalsolutions.com/ ), a wholly-owned subsidiary of Denver-based Titan Lenders Corp., was created to support a secondary/capital market strategy for the jumbo correspondent lending channel. TCS is committed to correspondent mortgage lending best practices and has been staffed with deeply experienced correspondent specialists. In addition, TCS embraces a leadership role in the restoration of a private investment marketplace for the mortgage industry.
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NEWS SOURCE Titan Capital Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2014 Send2Press® Newswire, a service of Neotrope®.