Dorado Reviews

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3.2
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Dain Ehring
6 Ratings

8 Employee Reviews

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  1. Cutting edge technology

    Former Employee - Anonymous Employee in San Mateo, CA
    Former Employee - Anonymous Employee in San Mateo, CA

    I worked at Dorado full-time (More than 3 years)

    Pros

    Software is leading edge, automating the processes of originating loans using the SaaS model.

    The company offers banks a fully automated system for managing and tracking the consumer lending process from point-of-sale through funding. The company’s marquee ChannelMaster(R) mortgage origination suite is the leading cloud computing solution for mortgage production, capable of processing more than 10,000 complex transactions per day, and handling in whole or part, an estimated 16% of all U.S. loans produced. The company also provides Tier One banks with a services order management system.

    Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, and rapid deployment, CoreLogic Dorado’s patented workflow solutions uniquely enable users to monitor transactions in real-time and to collaborate across multiple parties. Customers gain competitive advantage via efficiencies, better control over the product mix, and automated tracking and compliance. Moreover, the company’s pay-for-performance model provides a compelling alternative to single-point solutions, closed systems, and internal development.

    Cons

    Expensive to implement all the features customers want.

    Advice to Management

    Continue to help customers understand keeping the initial implementation simple and then modularly add on for a fee


  2. Manager offshore

    Current Employee - Manager Offshore in San Mateo, CA
    Current Employee - Manager Offshore in San Mateo, CA

    I have been working at Dorado full-time (More than 10 years)

    Pros

    Best place to work , good compensation and benefits

    Cons

    I have not seen any cons

    Advice to Management

    Treat the employees as your assets


  3. Good work life balance but no promotions for women

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Mateo, CA
    Former Employee - Anonymous Employee in San Mateo, CA

    I worked at Dorado

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Flexible work hours
    Work from home
    autonomy

    Cons

    No career growth
    Do not seem caring
    Boys club in engineering
    Do not recognize a good job , so you need to be self motivating.

    Advice to Management

    Your employees needs career advancement too, especially the women who seem to never move up !


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  5. Good company to work for

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Mateo, CA
    Current Employee - Anonymous Employee in San Mateo, CA

    I have been working at Dorado

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The leadership is very open about the business. The management treats employees fairly. Nice people to work for and work with.

    Cons

    Employees are not as productive as they could be. Questionable prospects for the technology offered to actually make an adequate profit.


  6. I work with exceptionally bright and pleasant people creating outstanding technology to improve the lending industry.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Mateo, CA
    Current Employee - Anonymous Employee in San Mateo, CA

    I have been working at Dorado

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Excellent colleagues, very smart, exceptionally talented, great to work with.
    Dorado makes every effort to treat employees well.
    Leading edge Rich Internet Application technology (Flex, Java, Oracle).
    A chance to contribute significantly to much needed improvement of the mortgage industry.
    Tremendous opportunity for growth as Dorado solutions are increasingly adopted -- Dorado is the recognized technology leader in this space; competitors succumbed to the financial crisis; and encouraged by a track record of successful deployments (e.g. at JP Morgan Chase) there is strong and growing demand for Dorado products by top and mid-tier financial institutions.

    Cons

    The urgency with which customers want solutions delivered can lead to working long hours to meet a deadline or fix a problem (though occasional extreme pressure is balanced by the casual, friendly work environment, flexible hours, and opportunity to work when suitable from home).
    There are lots of problems to solve at Dorado -- at least for most positions, a person who doesn't enjoy tackling and solving problems would be better off in a less challenging environment.
    For anyone not smart and skilled enough, or not enthusiastic enough to work hard and be highly productive, working at Dorado would not be a happy or successful experience.
    Dorado is very dynamic -- a person unable to tolerate uncertainty and rapid change, who needs a more stable, predictable, mature company environment, would not be happy at Dorado.


  7. Overall treats employees well but may be hard to move ahead

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Mateo, CA
    Former Employee - Anonymous Employee in San Mateo, CA

    I worked at Dorado

    Approves of CEO
    Approves of CEO

    Pros

    They offer a good work life balance in a nice location . People are friendly, comfortable office space, flexible.

    Cons

    Growth may be limited at this company , hard to move ahead.

    Advice to Management

    invest in employees more often and offer training , give more chances from growth for valued employees.


  8. Few employees are happy here

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Dorado

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There are some very talented individuals and middle managers.

    Cons

    Although it pitches itself as an independent software development/cloud services provide, it is basically an outsourced IT department for JPMorgan's mortgage business. The company has backed itself into a corner financially. It has an expense level that makes it beholden to JPMorgan without the discipline to reduce expenses to allow them to bootstrap into their larger ambitions.
    This gap between the executive pitch and the day-to-day reality wrecks havoc on employee morale.

    Advice to Management

    need to develop new customers or reset expectations


  9. Helpful (1)

    Not much going on here....

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Dorado full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexible work schedule, paychecks don't bounce....

    Some really nice people to work with for the most part.

    Cons

    Worse corporate culture I have ever experienced. Thought new owners would clean house, but parent company indecision has made the culture even worse here in the last year.

    Engineering is the only organization not completely broken, but if you're an software engineer looking to work on interesting projects...don't look here. Company bills itself as a SaaS/Cloud provider, but the product is going nowhere. Its more of a custom software hosting shop for one big customer and a handful of customers running on old broken code that is constantly breaking.

    Advice to Management

    The parent company should just blow-up the senior management team. Its a good old boy network and the prior CEO - now a VP is a very poor leader.



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