Titanium Holdings Inc., the parent company of Titanium Solutions Inc., a provider of loss mitigation solutions, and Excellen REO, a real estate owned (REO) asset management company, has expanded its presence into Puerto Rico with the launch of Titanium Loan Servicing of Puerto Rico.
Titanium Loan Servicing PR is a full-service loss mitigation, home retention, short-sale services and REO provider that serves the Puerto Rican market, the company says. Its capabilities include central-contact center, on-site and in-home services. Titanium Loan Servicing PR is also licensed as a subservicer on the island.
"We continuously seek to understand and respond to the changing needs of our clients," Patrick Carey, CEO of Titanium Holdings, says, adding that a number of the company's clients have portfolios in Puerto Rico or are considering moving into the market.
The company has tapped Ismenia Isidor, a former senior vice president of servicing at Puerto Rico-based RG Mortgage Corp., to be president of the new business unit.
SOURCE: Titanium Holdings