Danbury-based Promontory MortgagePath LLC has hired Elisha Werner as chief compliance officer for mortgage operations.
Werner will lead compliance efforts for Promontory MortgagePath’s residential mortgage operations and oversee the regulatory and compliance implementation process, including contributing to and testing the company’s compliance controls and digital mortgage origination technology. In addition, Werner will support the development, implementation and ongoing performance of Promontory MortgagePath’s compliance management system, which serves as the foundation for its mortgage fulfillment services.
“Compliance is the foundation on which our solution is built, and Elisha’s demonstrated experience in mortgage compliance will directly support us in equipping lenders with best-in-class technology at the highest level of compliance adherence,” Debora Aydelotte, chief operating officer at Promontory MortgagePath, said in a statement. “Her role as chief compliance officer enhances our digital mortgage and fulfillment services platform, further reducing lenders’ risk and strengthening Promontory MortgagePath’s position as a trusted partner in managing today’s regulatory burden.”
Werner, who has more than 20 years’ experience with compliance in the mortgage industry, has been the general counsel of a title company, chief compliance officer of a mortgage banker and most recently chief compliance counsel for Opus Capital Markets Consultants. In these roles, she managed all aspects of compliance oversight for operations, loan file due diligence and quality control.
“In today’s environment, there are plenty of fintech providers building technology where compliance is secondary or an afterthought. As community lenders grow their mortgage operations, it is more important than ever they leverage digitally-driven mortgage services prioritizing compliance,” Werner said in the statement. “Promontory MortgagePath’s commitment to keeping abreast of the latest regulatory and investor changes offers community lenders assurance that as their loan volumes increase, their level of compliance risk will not respond in kind, and I am eager to utilize my expertise in this area to help maintain this commitment to our community lender partners.”





