Loss mitigation is big business these days, an outcome that has clearly worked to the benefit of firms like Salt Lake City-based Titanium Solutions Inc., whose core business involves putting a personal face on banks’ interests when dealing with troubled borrowers. The company helped pioneer the business of third-party door knocking, as it’s known in the industry; its consultants often provide the critical, real-person link between bank and borrower in a distressed scenario. On Monday, the company said it had appointed three new executives as customer relations managers; all have extensive background in loss mitigation at major banking outfit. Alice Radgowski, one of the three new executives, is a former board member of the REOMAC industry trade association and vice president of home retention at Citi Residential Lending, Inc.. In a prior role, she was also the VP of loss mitigation for Countrywide Financial Corp. (CFC). Eric Fleisher, another of the group of three, most recently served as vice president of loss mitigation/home retention at Countrywide Financial Corp., apparently having held that post after Radgowski had moved to her position at Citi. A third exec, Robert Thomson, was most recently property manager for Triton Investments, a Utah-based real estate property management company. “Titanium is experiencing a tremendous growth period which we are meeting with the addition of skilled and qualified associates,” said Todd Sibley, president and CEO of Titanium Solutions. “The relationships Alice and Eric form and maintain with our customers are an enormous part of our overall goal of restoring communication between mortgage servicers and homeowners.” For more information, visit http://www.titaniuminc.com.

More: