Titan Lenders Corp., which offers a full suite of mortgage fulfillment services, whole loan purchase review services, warehouse line quality control and fulfillment services, and document retention, has been acquired by MetaSource, which offers an array of technology-driven services and solutions, including business process outsourcing, business process management, enterprise content management, workflow and customer service experience.
Terms of the deal were not disclosed.
A company press release indicates that MetaSource plans to keep the Titan Lenders brand intact.
“We welcome Titan to the MetaSource family,” says Adam Östhed, president and CEO of MetaSource, in the release. “Not only does Titan bring a combination of solutions and mortgage industry expertise, but it was also apparent that our mission and values were in alignment.”
“From its inception, Titan’s mission has focused on bringing much needed transparency and standardization to the mortgage process,” adds Mary Kladde, CEO of Titan. “Titan was a natural fit for the MetaSource approach to improving mortgage operations, and we foresee this relationship proving fruitful for mortgage industry participants through access to the combined suite of MetaSource and Titan solutions.”