Promontory Interfinancial Network offers a range of profit-building solutions that help financial institutions.
Bank Assetpoint® is a single point to buy and sell a variety of bank assets. It enables participants to search or showcase a broad range of bank asset listings and provides tools, to make asset purchases and sales more efficient. In addition, it is home to the Assetpoint CommunitySM, which facilitates connections with specialty service providers who can help complete deals.
Residential Mortgage Network is staffed with a team of mortgage professionals that possesses in-depth knowledge of banks and the residential mortgage market. These professionals can help participants to identify secondary market opportunities to buy and sell pools of residential mortgage whole loans or to access secondary market correspondent solutions from national mortgage firms – firms that buy residential mortgage whole loans in the secondary market from banks that originate and fund the loans.
ICS®, CDARS®, IND®, and Yankee Sweep® enable banks and other financial institutions to build strong, multi-million-dollar relationships; replace higher-cost deposits; reduce collateralization; and purchase cost-effective funding.