Louann Bernstone has joined mortgage technology and loan fulfillment company Promontory MortgagePath as managing director of the company’s vendor management team.
In addition, Debora Aydelotte has joined as managing director of the company’s client strategy team.
Both executives have decades of leadership experience in financial services.
Bernstone brings extensive experience in technology, enterprise vendor management and risk management. She spent nine years with Bank of America, where she rose through the executive ranks to become senior vice president for vendor management and, subsequently, business control executive.
She went on to serve as senior vice president for risk compliance and governance at Hope LoanPort, a nonprofit dedicated to helping distressed homeowners stay in their homes. Most recently, she was head of risk and compliance for FormFree, a provider of digital asset aggregation with more than 1.5 million consumer customers and 100 integrations under its belt.
Aydelotte had held leadership roles in mortgage banking and financial services companies, from industry leading banks and financial services firms to start-up financial technology companies. She joins Promontory MortgagePath from ComputerShare, where she was CEO for mortgage fulfillment business integration. Earlier in her career with ComputerShare, she was chief operating officer for Credit Risk Solutions.
In an earlier role with Altavera Mortgage Services, Aydelotte led the company’s transformation from a relative newcomer to a national provider of third-party residential mortgage origination services. She began her career in mortgage operations at Mellon Bank and went on to senior positions at Wells Fargo, Aurora Loan Services and Altisource Origination Services.
A frequent writer and speaker, Aydelotte is known as an insightful interpreter of mortgage industry trends and a progressive leader on diversity and inclusion practices.
In their new roles, Bernstone and Aydelotte will help drive Promontory MortgagePath’s mission to deliver flawless, tech-enabled mortgage fulfillment services, driving down the cost and time required to originate a mortgage.