Promontory MortgagePath Adds First MDIs, CDFIs in Its Minori

(DANBURY, Conn.) — NEWS: Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Industrial Bank and Optus Bank as the first participants in its initiative to support community development financial institutions (CDFIs) and minority depository institutions (MDIs). The initiative is focused on expanding mortgage credit access in underserved communities. Washington D.C.-based Industrial Bank, a U.S. Treasury-certified CDFI and the oldest Black-owned commercial bank in the Mid-Atlantic region, is fully onboarded and began offering mortgages via Promontory MortgagePath’s platform in April. South Carolina-based Optus Bank, a federally-designated MDI and U.S. Treasury-certified CDFI, is in implementation.

Related Keywords

United States , Washington , Americans , Dominik Mjartan , Doyle Mitchell , Industrial Bank , Optus Bank , Head Of Bank Relations Paul Katz , Ludwig Institute For Economic Prosperity , Optus , A Community Development Bankers Association , Washingtond Industrial Bank , Promontory Mortgagepath , South Carolina Based Optus Bank , Industrial Bank President , Optus Bank President , Borrower Wallet , Community Development Bankers Association , Currency Gene Ludwig , Ludwig Institute , Economic Prosperity , Promontory Mortgagepath Managing Director , Bank Relations Paul Katz , ஒன்றுபட்டது மாநிலங்களில் , வாஷிங்டன் , அமெரிக்கர்கள் , டாய்ல் மிட்செல் , தொழில்துறை வங்கி , ஒப்ட்டுச் வங்கி , ஒப்ட்டுச் , தொழில்துறை வங்கி ப்ரெஸிடெஂட் , சமூக வளர்ச்சி வங்கியாளர்கள் சங்கம் , நாணய கீந் லுட்விக் , லுட்விக் நிறுவனம் , பொருளாதார ப்ராஸ்பெரிடீ ,