Go Companies names Jay Promisco CEO
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Go Companies names Jay Promisco CEO
"Mortgage is at an inflection point, said Promisco. The winners over the next decade will be the most efficient, tech-enabled platforms focused on originator success. Mortgage is 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 how mortgages are originated, underwritten and delivered."
"My focus is building a company designed for where the industry is going, not where it's been. Promisco said his priorities include strengthening the company's 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 turn technology investments into operational results as a key factor in the appointment."
Go Mortgage originated $279.42 million in the past six months and $619.35 million across 1,754 units in the past year. Jay Promisco joins with more than 20 years of executive leadership experience, including roles at Sierra Pacific Mortgage Company, JazzX AI, and Stearns Lending. Promisco emphasizes that mortgage is at an inflection point and that winners will be efficient, tech-enabled platforms centered on originator success. Promisco's priorities include strengthening culture, equipping teams for growth, employing automation and artificial intelligence to reduce costs, expanding channels with disciplined risk management, and attracting talent with modern technology and performance-based incentives. Promisco's first day is Jan. 19.
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