[August 05, 2004] Secured Funding Corporation VP of Compliance Honored by MBA COSTA MESA, Calif. --(Business Wire)-- Aug. 5, 2004 -- Compliance Subject Matter Expert Becomes MBA Faculty Member, Teaches Next Generation Mortgage Banking Compliance Richard Triplett, vice president (VP) of Compliance for Secured Funding Corporation (SFC), a Costa Mesa, Calif.-based full-service retail and wholesale lender specializing in second mortgages, has been selected to be one of the Mortgage Banking Association's (MBA) newest teaching faculty members at the association's prestigious School of Mortgage Banking (SOMB). As an industry-recognized subject matter expert in topics such as regulatory compliance, mortgage technology, ethics, operations, loan production, quality control and fraud protection, Triplett will instruct next-generation mortgage banking professionals. The appointment comes on the heels of Triplett's work for SFC, which focuses on efficiently complying with increased regulations for loans, and adapting to ever-changing lending laws related to predatory lending. "Richard's work, which is shaping strategy and improve processes, allows us to serve customers where other brokers and bankers choose not to because regulations are so complex," said Lorne Lahodny, president of Secured Funding. "I'm honored to be able to contribute to MBA's distinguished academic program, proud of the reliable work Secured Funding provides and I look forward to answering the industry's challenges for innovation and required practices in all areas of compliance," said Triplett. With a 20-year background in the mortgage industry, Triplett joined SFC as VP of Compliance to manage SFC's compliance requirement, improving market penetration and discovering more efficient business practices through compliance for traditional markets. Triplett is an expert in areas such as loan origination, underwriting, secondary marketing, compliance, operations, bank lending, risk management, training, auditing and quality control. With a renewed emphasis on compliance and state regulations, SFC and Triplett have focused greater attention on daily business practices and increasing productivity. About Secured Funding Corporation Costa Mesa, Calif. based Secured Funding Corp. (www.securedfunding.com) is a future-focused mortgage banker committed to leading the home equity revolution in America. Secured Funding remains positioned as the home equity specialist over recent years of market fluctuation. Through an emphasis on innovation and emerging technology, the company has grown to become a leader of home equity loans, serving a market often overlooked by traditional firms, thus providing lending value, strengthening connections between customers, brokers and investors, and constantly improving speed, efficiency and the overall customer experience. Specializing in home equity finance, Secured Funding Corporation has helped homeowners take advantage of their home equity by connecting investors, brokers and borrowers. While the company specializes in second lien business, Secured Funding is a full service mortgage banker offering a variety of mortgage products ranging from A-paper to sub-prime home equity loans. The company's operations are centralized by technology through its state-of-the-art headquarters in Costa Mesa, Calif. The company was founded in 1993, and today has over 500 employees and operates in 33 states. [ Back To TMCnet.com's Homepage ]