{"id":75624,"date":"2021-10-05T07:00:05","date_gmt":"2021-10-05T11:00:05","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=75624"},"modified":"2021-10-04T18:20:18","modified_gmt":"2021-10-04T22:20:18","slug":"promontory-mortgagepath-welcomes-guild-mortgage-correspondent-to-its-investor-network","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/promontory-mortgagepath-welcomes-guild-mortgage-correspondent-to-its-investor-network\/","title":{"rendered":"Promontory MortgagePath welcomes Guild Mortgage Correspondent to its investor network"},"content":{"rendered":"

DANBURY, Conn., Oct. 5, 2021 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC<\/a>, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory\u00a0MortgagePath\u00a0manages investor relationships on behalf of its community lending clients, facilitating new relationships for clients seeking investor partners and adding and delivering to new investors based on clients\u2019 existing relationships. Guild Mortgage Correspondent is the latest investor to join the company\u2019s extensive network of investors.<\/p>\n

\"Promontory<\/em><\/p>\n

\u201cAs lenders advance their investor relationships, their ownership of the origination processes increases \u2014 and so does their earning potential. Through Promontory MortgagePath\u2019s investor network, we\u2019ve been able to provide significant value to our clients by facilitating introductions to leading industry investors like Guild Mortgage Correspondent and providing education to help define our clients\u2019 journey to the secondary market,\u201d said Debora Aydelotte, Chief Operating Officer at Promontory MortgagePath. \u201cGiven where Promontory MortgagePath sits inside our clients\u2019 organizations and our extensive network of industry connections, it only makes sense for us to help facilitate and manage these vital relationships, and we are especially proud to add Guild Mortgage Correspondent to our expanding investor network.\u201d<\/p>\n

In addition to facilitating community lenders\u2019 entry into the secondary market, Promontory MortgagePath can also connect community lenders to new investors or help them expand or advance their existing investor relationships, resulting in increased profitability. Leveraging custom analyses to account for investors\u2019 processes and tolerances during loan origination, Promontory MortgagePath ensures efficient and effective loan delivery to investors on behalf of its clients.<\/p>\n

Coupled with Promontory MortgagePath\u2019s comprehensive, tech-driven mortgage fulfillment services, lenders can maintain control of all aspects of the origination process \u2014 including its contractual relationships with investors \u2014 while leaning on Promontory MortgagePath\u2019s expertise to create and manage a compliant, efficient, scalable loan manufacturing process that supports the lender\u2019s secondary market goals.<\/p>\n

\u201cAs any mortgage lender knows, originating the loan is only half the battle, and for community lenders in particular, finding the right investment partnerships to support their non-portfolio products can be especially challenging,\u201d said Promontory MortgagePath Managing Director and Head of Bank Relations Paul C. Katz. \u201cWe\u2019re pleased to add to the pool of resources we provide to our community lending clients and look forward to enhancing their relationships with the industry\u2019s prominent secondary market investors.\u201d<\/p>\n

As part of its education efforts, Promontory MortgagePath has released its Guide to the Residential Lending Secondary Market<\/a>, which provides community lenders with an introduction to selling loans and mortgage servicing rights (MSRs) to investors. Lenders that would like to learn more about Promontory MortgagePath and\/or its investor network can contact Paul Katz at paul.katz@mortgagepath.com. Investors interested in becoming part of Promontory MortgagePath\u2019s investor network should reach out to Louann Bernstone, managing director and head of investor relationships, at louann.bernstone@mortgagepath.com.<\/p>\n

About Promontory MortgagePath LLC | NMLS ID 1532373\u00a0<\/strong><\/p>\n

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today\u2019s rapidly changing residential mortgage market. Promontory MortgagePath\u2019s founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https:\/\/www.mortgagepath.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

DANBURY, Conn., Oct. 5, 2021 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory MortgagePath manages investor relationships on behalf of its community lending clients.<\/p>\n","protected":false},"author":8350,"featured_media":61427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,12804,1,517,38],"tags":[205,15891,16951],"class_list":["post-75624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-ap","category-business-news","category-connecticut-news","category-finance-news","tag-depthpr","tag-digital-mortgage-fulfillment-services","tag-guild-mortgage-correspondent","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":3137,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/75624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/8350"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=75624"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/75624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/61427"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=75624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=75624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=75624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}