Mortgage Industry News

Titan’s new Executive Vice President and General Counsel Mark Ridder has been drawing attention from the mortgage and legal media, this time in a feature for Law Week Colorado.  In the article, Mark offers up his own “Titan-esque” philosophy regarding his role at the company:

“The business enthusiast sums up his counsel role with the formula for ‘quality accountability:’ QA + QC = QA₂. 1n other words, the product of quality analysis coupled with quality control. He calls it his equation for private investment in the future.”

We call it, “The Foundation Upon Which We Built Our Business.”  Glad to have you on board, Mark!

Partnerships are key to succeeding in the mortgage industry.  No company is an island, and having vendors that play nice AND provide complementary services extends the value of your relationship with those vendors.  Quality is at the center of everything Titan does, and that includes the companies with whom we choose to partner.  That being said, we are thrilled to announce our referral relationship with The Compliance Group, one of the mortgage industry’s leading compliance service providers and perhaps the industry’s best kept secret.  Details about the relationship can be found on our News page: http://www.titanlenderscorp.com/News.htm.

Titan’s team is at it again! February’s Mortgage Technology magazine features a Mary Kladde/Ruth Lee co-byline on the trials and tribulations of meeting new MERS Quality Assurance procedures. Bottom line: old-style manual data review won’t cut it. Automation is a must, as is boots-on-the-ground expertise.

For more on how Titan can help with your MERS QA needs, check out our MERS Management Solutions page.

To read a really intelligent, thoughtful piece on how the MERS QA procedures may actually help push the industry towards data integrity and standardization, read our article online in this month’s Mortgage Technology.

by: Ruth Lee

The mortgage industry loves its acronyms doesn’t it? From LOS to LQI, PPE to GSE, AU to DU and everything in between, it’s a veritable alphabet soup out there. Two of the acronyms that get most confused are QA (quality assurance) and QC (quality control) because the industry has long assumed that the two terms are interchangeable. News flash – they aren’t, and if you’re relying on QC to achieve QA, you are in for a rough 2012. For those that don’t know, QA is systemic failure prevention; QC is a failure-detection system…and you need both if you hope to make it in the current mortgage market. For more on the differences between QA and QC, check out my article in the February issue of Secondary Marketing Executive.