Denver-based mortgage fulfillment outsource services provider Titan Lenders Corp. and The Compliance Group Inc. (TCG), a San Marcos, Calif.-based mortgage compliance services provider, have entered a referral partnership to serve mortgage lenders' compliance, quality control and multistate licensing needs.
According to the companies, the combination of TCG's loan origination quality-control service capabilities with Titan's completely represented and warranted domestic outsource fulfillment services will enable mortgage lenders to gain access to a quality-oriented workflow that will enhance loan salability.
‘Our industry is eager to rebound, but game-changing rules are now in play, forcing lenders to become champions of data quality and best practices,’ says Titan President Mary Kladde. ‘Through the Titan-TCG referral partnership, lenders can access loan quality expertise and services to ensure the hard work of loan origination is not derailed by avoidable compliance mishaps.’
‘Through our referral partnership with Titan Lenders Corp., we have jointly created a loan quality and compliance resource for mortgage lenders, enabling them to grow at a time when regulations are hamstringing other lenders,’ says TCG President Annemaria Allen. ‘Although not every mortgage lender can afford well-qualified internal compliance resources, the new quality-focused mortgage life cycle makes it absolutely necessary to have an internal compliance program, including written policy and procedures for every law that applies to your company.’