DENVER, Colo., April 11, 2013 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) now offers Platinum Data Solution’s RealView automated underwriting appraisal tool to its growing clientele of mortgage lenders and related residential finance service providers, including servicers, investors and state housing finance agencies (HFAs). RealView™ technology enables companies to quickly and easily customize appraisal review criteria while accessing among the most thorough and reputable appraisal reviews in the industry.
Platinum Data is a leading provider of comprehensive collateral evaluation technologies with industry accolades for its solutions.
“As our clientele continues to diversify and expand, Titan has prioritized the industry’s need for a standardized, consistent, transparent and repeatable process in underwriting appraisals,” said Mary Kladde, Titan’s founder and president. “An automated solution of RealView’s caliber ideally augments Titan’s ability to deliver consistency in appraisal underwriting regardless of the experience level of the underwriter.”
For appraisal reviews, RealView‘s qualitative scoring enables appraisals to be directed to the reviewer with the appropriate skill set and level of experience, literally at first glance.
“Platinum Data’s mission is to revolutionize the residential finance industry with faster speeds, greater breadth of actionable data, and far greater customizability than any other appraisal review technology on the market,” said Phil Huff, CEO of Platinum Data. “It is gratifying to work with Titan Lenders Corp., an industry pacesetter with which we share fundamental values of data integrity and transparency.”
“In 2013 the residential finance lifecycle is all about agility and adaptation to change,” Kladde said. “RealView is a tool that can be quickly implemented and enables Titan to efficiently accommodate growing volume in appraisal underwriting without adding additional staff.”
“RealView protects Titan as well as Titan’s customers by enabling Titan to provide a superior product to its customers,” Huff added.
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, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
NEWS SOURCE: Titan Lenders Corp :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2013 Send2Press® Newswire, a service of Neotrope®.