news
Promontory MortgagePath’s Fulfillment Services Unit Integrates With Street Solutions Inc.
“With the integration, correspondent sellers can effortlessly upload and submit credit packages for pre-close eligibility review all within the LMS portal. Loan data and documents are automatically transferred to PFS improving data accuracy and expediting review turn-times.” August 2018, National Mortgage Professional Magazine.
2018 Women of Influence: Susan Tobin
“In her role as chief business architect at PromonTech, Susan Tobin is responsible for defining the business scope and requirements to ensure the development of compliance-driven solutions that solve for the most pressing problems for consumers and lenders. Tobin draws on her expansive knowledge in risk, compliance and operations to guide product development teams through the complexity that exists in lending.” August 2018, HousingWire
Promontory MortgagePath Rolls Out Cost Savings Calculator For Lenders
“Promontory MortgagePath reports that its Promontory Fulfillment Services (PFS) unit has developed a new online Cost Savings Calculator that lets banks, credit unions and mortgage companies quickly compute the operational cost of residential mortgage loan origination – and then compare that to PFS’s outsourced solution.” June 2018, MortgageOrb
Promontory MortgagePath Adds Relationship Management And Sales Executives
“Promontory MortgagePath™, a provider of next-generation mortgage technology and loan fulfillment services, today announced three senior-level additions to expand its relationship management and sales efforts. The new hires will focus on bank relations, technology and outsourced services opportunities, the company said.” May 2018, PR Newswire
PromonTech Partners With ISGN
“PromonTech, the technology unit of Promontory MortgagePath, has announced that it has entered into an agreement with ISGN to become the exclusive point of sale (POS) solution for ISGN’s MORVision loan origination system (LOS).” May 2018, National Mortgage Professional Magazine
It’s a whole new ballgame: Takeaways from MBA Tech
“It was fitting that the Mortgage Bankers Association chose Detroit, the launch pad of Rocket Mortgage, as the site for this year’s Technology Solutions Conference & Expo. The “liftoff” of that disruptive, imagination-capturing product has been the catalyst for a new appreciation of what technology can do for lenders and borrowers.” Apr 2018, HousingWire
Progress in Lending Association’s Innovations Award Winners
“PROGRESS in Lending has named PromonTech a top industry innovation. The Borrower Wallet is the first offering from Promontory MortgagePath’s technology arm.” Apr 2018, Progress in Lending
2018 HW Tech100 Winner: PromonTech
“PromonTech’s Borrower Wallet is a white label, omni-platform point-of-sale that is designed to help mortgage bankers provide the same customer experience and digital mortgage solutions being offered by mega lenders.” Apr 2018, HousingWire
MReport April 2018
“‘New technology can make a huge difference to managing data and maintain compliance within the mortgage space,’ said Michael Kolbrener, CTO, PromonTech, the technology arm of Promontory Mortgage Path.” Apr 2018, TheMReport
CoreLogic Integrates Credit Services with PromonTech
“CoreLogic Credco Instant Merge Credit Reports Now Available in PromonTech’s Borrower Wallet.” Mar 2018, CoreLogic
Michael Kolbrener: POS Platforms are a Gateway to Improving the Mortgage Experience
“PERSON OF THE WEEK: Michael Kolbrener is chief technology officer of PromonTech, the Denver-based technology arm of Promontory MortgagePath.” Mar 2018, MortgageOrb
Promontory MortgagePath adds former top CFPB lawyer as chief compliance officer
“Promontory MortgagePath, a provider of mortgage technology and loan fulfillment services, announced Tuesday that it hired three new senior executives, including a former top lawyer at the Consumer Financial Protection Bureau.” Mar 2018, HousingWire
Promontory MortgagePath Announces Key Executive Hires
“Colgate Selden has joined Promontory MortgagePath, a provider of next-generation mortgage technology and loan fulfillment services, as chief compliance officer. In addition, Scott Doughty and Craig Wildrick have joined the company’s mortgage technology unit as chief operating officer and chief product officer, respectively.” Mar 2018, MortgageOrb
2017 HW Vanguard: Bruce Witherell Co-founder and CEO at Promontory MortgagePath
“Over the past 12 months, Bruce Witherell has taken a simple, but bold idea—combine cutting-edge technology with deep domain knowledge and focus it strategically on the mortgage origination process—and transformed it into the Promontory MortgagePath Group” Dec 2017, HousingWire
Interview with Ken Janik
“We help financial institutions by combining experienced onshore staffing with proprietary technology that creates unmatched productivity and efficiencies.” Dec 2017, Promontory Fulfillment Services LLC Newsletter
Looking to Hire? Here’s how top mortgage companies are winning over new talent
“Kolbrener said their employees truly believe that they are building a technology that helps people buy a home.” Oct 2017, Rewired
Promontory MortgagePath launches white-label fulfillment solutions for banks, mortgage lenders and investors
“Promontory MortgagePath™, New York City, a new entrant in the mortgage technology and fulfillment solutions spaces, announced today that its Promontory Fulfillment Services™ division is now offering end-to-end white-label mortgage fulfillment services for banks, mortgage banks and private investors.” Oct 2017, CBInsight
New Tech Firm Promontory MortgagePath Releases POS Solutions
“Promontory MortgagePath™, a new entrant in the mortgage technology and fulfillment solutions spaces, today announced that PromonTech, the company’s technology arm, has released the next-generation of point of sale solutions (POS)—the Borrower Wallet™.” Oct 2017, National Mortgage Professional Magazine
Promontory MortgagePath Unveils Next Generation Point of Sale Solution for Banks and Mortgage Lenders
“Promontory MortgagePath™, a new entrant in the mortgage technology and fulfillment solutions spaces, today announced that PromonTech, the company’s technology arm, has released the next-generation of point of sale solutions (POS)—the Borrower Wallet™.” Oct 2017, PR Newswire
Digital launches kick it up a notch during MBA Annual conference
“The Borrower Wallet allow borrowers to see key metrics such as credit score, debt-to-income and loan-to-value rations in real-time from its dashboard. The app also guides borrowers through the application process including submitting their new documents, allowing lenders to accelerate the underwriting process.” Oct 2017, Housing Wire
PromonTech Unveils All-Digital Mortgage POS that Lets LOs Co-Pilot
“PromonTech, the technology arm of start-up Promontory MortgagePath, has released a next-generation point-of-sale (POS) solution called the Borrower Wallet, which lets loan officers co-pilot the online mortgage process.” Oct 2017, MortgageOrb
New Vendor Creations; Jumbo and No MI Products
“The Borrower Wallet is a white-labeled, omni-channel POS that engages with customers on either a self-serve or assisted basis with a loan officer. It makes it easy to enter information, approve automated data collection, upload/e-send documents and stay informed throughout the loan process.” Oct 2017, Mortgage News Daily
Mortgage tech firm doubles Writer’s Square Space
“After growing from one employee to 60 in just over two years, a Denver-based mortgage tech company is nearly doubling its space in Writer’s Square.” Oct 2017, BusinessDen