Promisco brings more than 20 years of leadership experience in building and scaling mortgage and financial services platforms. His background includes stints as president at Sierra Pacific Mortgage Companya senior advisory advisor for JazzX AIas well as several previous leadership roles Stearns Loans.
“The mortgage is at a turning point,” said Promisco. “The winners of the next decade will be the most efficient, technology-enabled platforms focused on originator success. Mortgages are ultimately a people business and technology should make it easier for originators to do what they do best: build trust, guide borrowers and create great experiences.”
He continued: “Go Companies has the capital, talent and ambition to rethink the way mortgages are originated, originated and serviced. My focus is on building a company that is designed for where the industry is going, not where it has been.”
Promisco said its priorities include strengthening company culture, equipping teams to grow, using automation and artificial intelligence to cut costs, expanding channel capabilities with disciplined risk management and attracting talent through modern technology and performance-based incentives.
Go’s ownership group cited Promisco’s ability to translate technology investments into operational results as a key factor in the appointment.
“Jay has a track record of growing mortgage platforms by turning innovation into measurable results, and he shares our belief that the future mortgage business will look fundamentally different from today’s businesses,” the ownership group said.
A spokesperson for Go Mortgage confirmed that Promisco’s first day will be January 19.
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