Why Technology Firms Should Hire Liberal Arts Majors As companies, individuals and jobseekers from different industries and walks of life virtually converge for Denver Startup Week, many may assume a lack of tech-driven experience may limit their attractiveness to

With the onset of the COVID-19 pandemic in the U.S. in early March, the better portion of 2020 has been devoted to adjusting to the “new normal.” Although expectations are

The COVID-19 pandemic has turbo-charged banks’ drive to embrace digital mortgage technology, and customers aren’t just along for the ride. Their attitudes toward technology use are evolving, too.

Across America, millions of workers have made an extraordinary transition to working from home. We’re accommodating the demands of a global health emergency while still meeting customer needs and expectations.

Promontory MortgagePath’s Ken Janik and Paul Katz sit down with the ABA to discuss how community banks can leverage our solution to address mortgage challenges, reduce compliance risk and increase profitability.

Making the decision to outsource mortgage fulfillment and deliver the digital lending experience your customers demand is a pivotal step. And, it’s followed by an equally important one: Getting new solutions on board seamlessly and methodically while your business drives forward without a hitch or hiccup.

I worked at one of the largest national banks for 18 years when I knew it was time for a change. While I amassed an incredible amount of knowledge working alongside brilliant mortgage minds, I woke up wanting more. My career in banking was an accident – it wasn’t my passion. I longed to channel my expertise into a role that put me in the proverbial “driver’s seat.”

“Should I stay or should I go?”—The Clash In today’s volatile mortgage environment, many community lenders are reexamining their commitment to mortgage operations or withdrawing from residential lending altogether.

Mortgage origination costs keep climbing, reaching a record $9,299 per loan in the first quarter of 2019, according to the Mortgage Bankers Association. This upswing has been fueled by rising compensation, benefits, technology and compliance costs, putting pressure on margins and leaving originators in a tight spot.

I recently joined Promontory MortgagePath as a Data Engineer and – for the first time in my career – I’m working in the mortgage industry. I was attracted to the role because of the incredible data- and process-complexity. The almost infinite volumes of data provide both opportunities and challenges. How do we ensure the quality of data – its overall integrity (lineage, security, privacy), accuracy and completeness?. For me, full data transparency and availability are the keys to – and the foundation of – innovative technology solutions.