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Titan and PHH Team Up on Fulfillment

It's a match for ""Titan Lenders Corp."":www.titanlenderscorp.com/ and ""PHH Mortgage Corporation"":www.phhmortgagesolutions.com/. The two companies recently announced the initiation of a strategic partnership, and through the collaboration, PHH Mortgage will gain access to Titan's fulfillment outsourcing services.

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Noted as one of the country's top-five residential mortgage originators and considered the leading non-financial mortgage servicer in the U.S., PHH Mortgage will utilize Titan's back-office fulfillment capabilities including closing, funding, post-closing, and investor loan review services. Titan's proprietary software, known as Cerberyx, gives users around-

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the-clock access to document management tools and electronic compliance safety checks, helping companies limit risk and errors.

Commenting on the relationship with Titan, PHH Mortgage's senior vice president, Norm Fitzgerald, said, ""Loan-by-loan flexibility with superior customer service - that is the promises we make to our correspondent lenders. Giving our lenders access to Titan's back-office fulfillment services is one more way we can help our customers enhance their profitability and grow their mortgage business.""

Mary Kladde, president and co-founder of Titan, added her thoughts, stating, ""As a top-five residential mortgage investor, PHH Mortgage prides itself on providing best-in-class mortgage solutions. Over the past year, PHH has seen an increase in broker to banker and transitioning depository clients. This transition comes with a unique set of growing pains. Our goal is to assist PHH's correspondent lenders by providing education, back-office risk mitigation and the compliance tools needed to produce zero-defect, salable loans.""

Titan's web-based programs give variable-cost solutions to clients of all sizes, and the company is among only a handful of highly targeted providers of mortgage back-office fulfillment services. PHH Mortgage, a subsidiary of ""PHH Corporation"":www.phh.com/, is one of the nation's largest retail originators.