SEPTEMBER 2020
SEPTEMBER 2020
nmp
Volume 12, Issue 9
WHITE HOUSE, BLACK MARKET HOW ADMINISTRATION'S RULES ARE FAILING MINORITY BORROWERS
WHO’S WHO IN WHOLESALE
APPRAISAL CHALLENGES GO VIRAL
ALTERNATE FACTS
THE FUTURE FOR ALTERNATE PRIVATE CAPITAL FINANCING
UP, UP AND AWAY
SUPERBROKERAGES ARE SURGING AS LOs CAPTURE MARKETSHARE
LETTER FROM THE PUBLISHER
Meeting Demand
F
or loan originators, this has been a topsy-turvy year. Many have seen their personal lives locked down as cities and states try to mitigate the spread of the coronavirus. But at the same time, their professional lives have mostly been on overdrive, as rocketing demand for refis and a move by renters seeking large homes has kept them pushing paperwork relentlessly. One element that’s been missing is the ability to meet directly with colleagues and peers, to be part of the origination community networking for ideas and opportunities. Because since this pandemic hit in earnest in mid-March, there have been no live mortgage conferences anywhere in the country. Until now. On Sept. 2, the Originator Connect Network hosted the Arizona Mortgage Expo, the first live, in-person mortgage show in the nation. Roughly 300 attendees signed up for the event and for the live NMLS license renewal class the next day. It was different than these get-togethers have been in the past. Hosted at the Wild Horse Pass Hotel outside Phoenix, the event featured socially-distanced seating, temperature checks for all attendees, structured meal breaks and mandatory face masks. But for all of that, and with the support of a dozen sponsors and exhibitors, the ability for LOs to once again gather was jump-started, with safety paramount. Healthy In, Healthy Out was the show’s motto.
Volume 12, Number 9
STAFF CEO, PUBLISHER & EDITOR Vincent M. Valvo ASSOCIATE PUBLISHER Beverly Bolnick MANAGING EDITOR Keith Griffin CONTRIBUTING WRITERS Lew Sichelman, Ralph LoVuolo, Harvey Mackay, Nick Roberson, Pam Marron GRAPHIC DESIGN MANAGER Stacy Murray INTERACTIVE DESIGN DIRECTOR Alison Valvo USER EXPERIENCE DESIGNER Billy Valvo ONLINE CONTENT DIRECTOR Navindra Persaud MARKETING & EVENT ASSOCIATE Melissa Pianin HEAD OF ENGAGEMENT AND OUTREACH Andrew Berman FOUNDING PUBLISHER Joel Berman
Submit your news to editorial@ambizmedia.com If you would like additional copies of National Mortage Professional Call (860) 719-1991 or email info@ambizmedia.com
www.ambizmedia.com
Originator Connect Network is committed to bringing LOs the information they need to succeed. That’s via print magazines, webinars, email newsletters and more. And, once again, it’s also through in person conferences. Slowly, carefully and deliberately, we’re working with the mortgage community to meet the demand for live meetings.
VIN CE N T M. VALVO Publisher, Editor & CEO
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