Titan Lenders Corp Launches Mortgage Warehouse Lending Services Platform for Community Banks, Regional Banks and Credit Unions
Demise of warehouse lenders creates opportunity for local banks and credit unions
DENVER, Colo., March 10 (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 (titanlenderscorp.com). 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. The platform helps regulated institutions sustain a prudent level of due diligence, compliance and profitability when offering bridge financing required by non-depository mortgage bankers.
Community and regional financial institutions are positioned to replace the warehouse line lenders that have exited the industry en masse over the last 18 months, as explained in the Titan Lenders Corp blog (titanlenderscorp.com/blog/).
According to the March 9 edition of the Mortgage Bankers Association [...]
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