Making the decision to outsource mortgage fulfillment and deliver the digital lending experience your customers demand is a pivotal step.
Promontory Fulfillment Services Endorsed by Community Bank ServicesARTICLE
Community Bank Services (CBS) has officially endorsed Promontory Fulfillment Services’ (PFS) and proprietary point-of-sale technology, Borrower Wallet.
Are You a Good Candidate for Outsourced Mortgage Fulfillment?BLOG
In today’s environment, many community lenders are reexamining their commitment to mortgage operations or withdrawing from residential lending altogether.
American Bankers Association Due Diligence ReportPDF
The American Bankers Association’s endorsed solutions are backed by a comprehensive due-diligence process, analyzed by industry experts and field-tested by bankers. The report is designed as a robust industry analysis tool.
With record high mortgage origination costs, can you actually save with outsourced fulfillment?BLOG
Mortgage origination costs keep climbing, reaching a record $9,299 per loan in the first quarter of 2019...
Q&A: Navigating Lending Tech Compliantly and ProfitablyBLOG
Banks today are under significant pressure due to declining mortgage origination volume, historically high costs, increasing competition from FinTech entrants, and consumers demanding a more user-friendly, digital experience.
Promontory Seeks Faster ClosingsPDF
Mortgage-review shop Promontory Fulfillment is working to adopt technology that could make more home loans available for securitization. The effort centers around streamlining the approval and loan-closing processes...
The Banking Technology Roadmap: Successful Fintech PartnershipsBLOG
Borrower expectations are shifting. Fast, secure, and accessible digital services are no longer an advantage – they’re imperative to remaining competitive.
The ABA Endorsement Process and What it Means for BanksBLOG
Bankers enjoy a dizzying array of opportunities to leverage new partnerships to cut costs, boost profits, improve technology, enhance the customer experience – and sometimes – all of the above.
Four Reasons Outsourced Mortgage Fulfillment Warrants a Fresh LookBLOG
Even in the best of times, mortgages can be challenging for community lenders. Fannie Mae reduced its 2019 volume estimate, and the 2020 outlook isn’t much better.
Digital Lending: Are You In or Out?PDF
There have always been challenges associated with navigating cost, compliance, margins and cyclicality, but with a solid plan, community bankers have remained steady on their feet....
Digital Transformation: The State of Play for Community BankersARTICLE
Digital transformation was on the program – and on the minds of the attendees – at the American Bankers Association Conference for Community Bankers...
Residential Lending is Evolving - Are You Keeping Up?BLOG
In the immediate mortgage-crisis aftermath, most consumers believed getting a mortgage was hard. And it was. But something changed. The past four years spawned multi-billion-dollar...
The Evolving Role of the Chief Compliance Officer in Selecting Tech & VendorsARTICLE
The digital mortgage promise is compelling: new technology and better workflow meeting consumer, lender, servicer, investor and regulator needs...
A New Way to Level the Playing Field in the Digital WorldARTICLE
Since Super Bowl L in 2016, American consumers have been told that getting a mortgage is incredibly easy and rocket-fast. This has created new expectations for customers and raised the bar for all lenders...
Just how much can you save by outsourcing mortgage fulfillment? Our personalized Cost Savings Calculator can show you where and how fulfillment services can drive down the cost and time required to originate a mortgage.Calculate My Savings