The American Bankers Association’s endorsed solutions are backed by a comprehensive due-diligence process, analyzed by industry experts and field-tested by bankers.

American Banking Assciation

 

This due diligence report is designed as a robust industry analysis tool, providing banks with valuable product and provider information. ABA research focuses on the
following areas:

  • Financial Analysis
  • Management Strength
    and Ownership
  • Long-Term Stability
  • Solution Functionality
  • Partnerships
  • Pricing
  • Liability
  • Information Security
  • Disaster Recovery
  • Regulatory Requirements
  • Compliance Functions
  • Legal Opinions
  • Customer Service
  • Banker References
  • Competitive Landscape
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A Proven Due-Diligence Process

ABA’s due-diligence process involved a thorough review of the mortgage fulfillment space, with a focus on the top providers capable of offering ABA banks the best overall functionalities, efficiencies, flexibility, and pricing. After coming to the determination Promontory MortgagePath LLC offered the best option, ABA initiated their extensive due-diligence process – leading to the endorsement of PMP’s residential mortgage loan fulfillment services.

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