DENVER, Colo. /CitizenWire/ — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is pleased to announce the appointment of corporate finance powerhouse, Bill Walsh, as chief financial officer. Mr. Walsh brings more than 35 years' experience in accounting and finance for a diverse portfolio of companies, including Nabisco Brands, Inc. and Leprino Foods Company.
In his role at Titan, Mr. Walsh will be responsible for managing Titan's financial affairs, including all financial reporting and budgeting, as well as assisting Titan's executive team in the refinement of Titan's business plan so as to advance the company's rapid growth.
"Titan's foundation is rooted in the ideals of transparency and integrity. We espouse it to our clients and the mortgage industry on a daily basis, and for us, it's critical to practice what we preach internally as well," said Mary Kladde, Titan Lenders Corp CEO and founder. "Bill Walsh has demonstrated those same values throughout his career, making him well placed to help lead Titan. He also brings to Titan a multitude of skills, born out of his extensive experience in a variety of industries. We look forward to applying the wisdom he has garnered in his career thus far to further the success our business."
"It is my great honor to join Titan Lenders Corp.," Mr. Walsh said. "The Titan team is comprised of top-notch professionals, and the opportunity to work for a growing domestic outsourcing company in this dynamic industry is very attractive to me. It is my sincere hope that I can further Titan's success by demonstrating the financial viability of the company and offering my expertise in working with companies that have experienced tremendous growth and have become multi-million dollar businesses."
Previously, Mr. Walsh served as senior vice president and controller for Mercury Companies, Inc., where he managed the financial operations of the company. While with Mercury, Mr. Walsh oversaw the company's transition from a multi-million dollar company to a billion-dollar enterprise, implemented a cash management system to oversee operating funds from 17 companies under the Mercury brand, and established control systems for escrow funds in excess of $1 billion.
Mr. Walsh graduated from Southern Illinois University in Carbondale, Ill., with a Bachelor of Science degree in accounting, has done graduate work at Fordham University, and is a Certified Public Accountant. He is a member of the American Institute for CPAs (AICPA), the Colorado Society of Certified Public Accountants (CSCPA), and the Institute of Management Accountants. He and his wife reside in Highlands Ranch, Colorado, and have two grown sons.
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.
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