NEW YORK– (BUSINESS WIRE) — Chimney, a leader in financial calculators for the digital age, announced today that its CEO and co-founder Matthew Covi has been named a 2021 Lending Luminary by PROGRESS in Lending Association. This award recognizes people in the mortgage banking industry who are inspiring others with their vision and leadership.
“We have seen tremendous growth in the last year, gaining the trust of institutions nationwide, including four Fortune 1000 companies and two Top 20 Mortgage Lenders”
Business Wire
Under Covi’s direction, Chimney is creating mortgage calculators that build trust and increase engagement. Every homebuyer’s situation is unique – from their income levels to their real estate preferences, to their credit backgrounds. That’s why there are many home loan programs catering to varying needs. What’s even harder to do is to create one-size-fits-all content for this audience.
Winner of the FinovateSpring 2021 “Best of Show” and two-time presenter at both FinovateSpring and FinovateFall this year, Chimney is transforming the way financial institutions guide customers through their buying journey. The company delivers modern, digital tools that help banks and lenders compete in today’s landscape, including the current ultra-competitive mortgage lending environment.
Home Lending calculators are particularly important. With 9 out of 10 consumers starting the home buying journey online, banks, credit unions, and lenders need to rapidly shift from a referral-based acquisition strategy to a digital-first. For a mortgage lender, it’s crucial that their website can answer key questions from prospective homebuyers and home refi customers. One of the most effective ways to attract eager real estate shoppers or refinance applicants is with mortgage calculators.
Prior to launching Chimney, Covi held a variety of leadership roles in digital marketing, product and FinTech with a focus on building digital products and content that demystified complex financial questions. His experience was vital in launching Chimney and then driving its immediate success.
“We have seen tremendous growth in the last year, gaining the trust of institutions nationwide, including four Fortune 1000 companies and two Top 20 Mortgage Lenders,” said Covi. “Our goal is to empower financial institutions and lenders through calculators that drive leads and deliver highly personalized customer experiences. This award is proof that what we are doing is working. It is an honor to be recognized by our peers for the innovation we’re bringing to the industry.”
About Chimney
New York-based Chimney is transforming the way financial institutions guide customers through their buying journey. Known for its next-generation calculators, Chimney delivers modern, digital tools that help banks, credit unions, mortgage lenders and insurance companies compete in today’s landscape. Winner of the Finovate Spring 2021 Best of Show, Chimney’s solutions are designed for the digital age – built to win more customers, capture better customer data and help move leads faster in the era of digital transformation. That’s why the company is trusted by financial institutions nationwide, including four Fortune 1000 companies and two Top 20 Mortgage Lenders. For more information, visit chimney.io.
Mary York
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Samantha Hall
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