🎙️ FinTech Hunting Podcast Episode #199 with the amazing Kevin Perenio, Chief Lending Officer at PRMG

🎙️ FinTech Hunting Podcast Episode Highlights: Kevin Perenio, Chief Lending Officer at PRMG Welcome back to the FinTech Hunting podcast! In this episode, your host, Michael Hammond, brings on a distinguished guest and dear friend, Kevin Perenio, Chief Lending Officer at PRMG. This industry thought leader and tech innovator share their insights into the current state of the lending technology landscape. 👋 Special Guest: Kevin Perenio Michael: "We've got an amazing guest for you today. He's an industry thought leader, a tech innovator, and a dear friend. Please help me welcome back to the show, Kevin Perenio, Chief Lending Officer at PRMG." KP: "Thank you, brother. You know I love being on FinTech Hunting." 🌐 Insights from Industry Events Michael and KP dive into the observations and buzz from recent industry events like the Mortgage Banker Association's show in New Orleans. They discuss the positive vibes, the impact of changing interest rates, and the overall optimism for the year ahead. KP: "The vibe was good. It's a new year. The people that go to these conferences, they're diehards. They're not going anywhere. We're all in. We're trying to build our businesses." 🌍 Market Outlook for 2024 The conversation shifts to the opportunities and challenges in the lending market for 2024. KP shares valuable insights into the mindset of lenders, focusing on business-building, recruiting, and the continuous pursuit of opportunities. KP: "We just came out of that overbuilding phase in 2020 and 2021. Still kind of deleveraging down from that, if we're being honest." 🤖 Role of Technology and AI Michael explores KP's perspective on technology, AI, and its impact on the lending industry. They discuss social selling, the importance of investing in technology, and the incremental changes AI is bringing to underwriting, task automation, and overall workflow efficiency. KP: "You get what you put into [social selling]. And this is one of those moments that's coming up where there'll be a lot of eyeballs coming into our space looking for information." 📈 Tips for Evaluating Technology The conversation wraps up with KP offering valuable advice on vetting technology. He emphasizes aligning tech investments with business goals, measuring ROI, and the importance of being selective about technology adoption. KP: "It's not too late to be doing this stuff, and it's never too late." 🥩 Lightning Round: Austin's Best Barbecue Spots To add a touch of local flavor, Michael asks KP about his favorite barbecue spots in Austin, Texas, including the legendary Franklin Barbecue. KP: "Franklin's an experience. Give me a wait in line. You know, they got coffee there. You're having a beer. It is... it's almost like a tailgate." 👏 Conclusion A big thank you to Kevin Perenio for sharing his valuable insights and experiences on the FinTech Hunting Podcast. Stay tuned for more episodes featuring industry leaders, tech experts, and thought-provoking discussions about the ever-evolving landscape of financial technology. Don't forget to subscribe and catch the next episode!