LIVE BLOG From Top U.S. Mortgage Conference – MBA Annual 2023

[by Robyn]

CreditXpert is a company that helps people improve their credit scores so they can qualify for a home. It’s a tool that lenders brand as their own, and use it to show borrowers detailed scenarios of how their scores would improve fast — often within 30 days.

CreditXpert powers lenders to do this using “What If” simulators to show how credit would improve if someone paid down a credit card by X dollars. They also help automate the dispute process for borrowers who have derogatory items on their credit reports that shouldn’t be there.

And most important, it doesn’t just model these scenarios or get the processes started on pay-downs or disputes. It helps lenders and borrowers track these processes until credit scores are actually improved per the goals established.

Cool stuff to let lenders take over the process of credit improvement for their borrowers.

And speaking of takeovers, CreditXpert is totally taking over MBA Annual 2023 with their marketing on site.

As The Basis Point’s resident Trade Show Pro, I’ve got to shout out this pro takeover.

Check out these photos!

Also check out how CreditXpert can help mortgage borrowers.

And keep checking back into our Live Blog for more…

[by Julian]

Love this giant stage in Philly!

And very honored to be on this list (in lower right) of show speakers.

If you’re here, The Basis Point will hosting 16 demos of the latest mortgage technology.

Each company will demo for 8 minutes, and then I’ll join them on stage for live commentary and reaction for 2 minutes.

I’ll also kick off both days with some fun slides and analysis on the state of mortgage and fintech.

The first 8-pack is Tuesday, October 16 at 2:30, and the second 8-pack is Wednesday at 1:30.

[by Julian]

At MBA Annual 2023, economist Joel Kan shared an update of the outlook for housing starts (new construction beginning), and sales of both new and existing homes.

You can see that in 2024, we start moving up in all 3 of these areas.

This is one of the most encouraging housing charts ahead of 2024.

Philly architecture is amazing 🙂

Some shots of Julian and Robyn downtown…

Here’s MBA Chief Economist Mike Fratantoni summarizing his MBA team’s mortgage and housing outlook on one slide.

Good reference material…

[by Julian]

The Tech Showcase I’m hosting at this show begins today at 2:30 pm ET, and it’ll feature 16 firms over today and tomorrow. Here’s a list of all the firms and what each firm is presenting.

NOTE: We’ll come back and do more detailed profiles of each firm later, but this is the list with simple product descriptions for now.

CoreLogic with LoanPass – AI Powered Digital Mortgage Platform

InspectHOA – Condo Project Review & Approval

Argyle – Income and Employment Verification

Haven – Servicing Connect With Consumer Engagement

LendingPad – Loan Origination System, Lender Edition

Loan Vision with Teraverde – Loan Vision For Lender Intel/Analysis

Gateless – Smart Underwrite Automated Underwriting and Extracting Data From Docs

TransPerfect – On-Demand Language Access Program To Translate Docs For Lenders

HouseCanary – ComeHome Direct Home Buyer & Owner Engagement, Property Valuation

Vesta — Modernized Loan Origination System

TRUE – QC Platform & Data Intelligence to Automate Underwriting

FormFree – Passport To Let Consumers Apply To Any Lender Fully In One Touch

Cloudvirga – Horizon Point of Sale System

Insellerate – CRM and Marketing Automation

iEmergent – Mortgage MarketSmart

Matic – Embedded Home Insurance Marketplace

And here’s the list of the first 8 of these companies who’s going on this afternoon.

[by Robyn]

Tech checks? Check! Don’t forget to check back later for recaps from the 8 Day 1 demos.

CoreLogic with LoanPASS – Digital Mortgage Platform
Paula Clifton, CoreLogic
Derek Long, BlockGen Corp

InspectHOA – Condo Project Review
Marina Hubenova
Vishrut Malhotra

Argyle – Income and Employment Verification
Brian Geary

Haven – Servicing Connect
Jonathan Chao

LendingPad – Lender Edition
Dan Smith

Loan Vision with Teraverde – Loan Vision
Carl Wooloff, Loan Vision
Paul Van Siclen, Teraverde

Gateless – Smart Underwrite
Rick Lang
David Fulford

TransPerfect – On-Demand Language Access Program
Thomas Emery

HouseCanary with Ally – ComeHome Direct
Chris Rediger
Brandon Snow, Ally

Vesta
Zander Steele

TRUE – The TRUE QC Platform, powered by TRUE Data Intelligence
Bob Noble
Tim Watkins

FormFree – Passport and FormFree Exchange
Brent Chandler
Martin Prescher

Cloudvirga – Horizon
Chris Cunningham
Charlie Gunn

Insellerate – CRM and Marketing Automation
Josh Friend
Scott Roberts

iEmergent – Mortgage MarketSmart
Bernard Nossuli

Matic – Embedded Home Insurance Marketplace
Tony Farnsworth
Maria Taft