Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

Rohit Chopra pleads the fifth on QM rule

Consumer Financial Protection Bureau Director Rohit Chopra, in his first report to Congress, answered for decisions made by his predecessor, and provided some indication of his priorities going forward.

How to simplify the appraisal process for everyone in today’s hot market

While the world might be slowly getting back to normal, the housing boom is far from over. Appraisers need to make sure they have the right tools to manage the high demand.

Which core segments of brokerage make the most money

Today’s HousingWire Daily is a RealTrending crossover episode. It features Tracey Velt, editorial director at HW Media Company RealTrends, who interviews Chris Kelly and Christian Wallace.

AwardsMagazine

2019 HW Vanguard: Vishal Garg

Better.com CEO

Under the leadership of Vishal Garg, Better.com has expanded the company’s growth in many aspects. Since its launch in 2016, Better.com has gone from a small startup to a force to be reckoned with.

Garg launched Better.com when he and his wife struggled with their own mortgage experience, having lost their dream home to an all-cash buyer because the traditional mortgage process is long and sometimes difficult to understand.

In order to build Better.com, Garg assembled a team of hungry partners from the best companies in tech, marketing, and finance: economists from the Federal Reserve; the chief counsel from the Consumer Financial Protection Bureau, engineers from Google, Spotify, and Microsoft, traders from Citigroup and Goldman Sachs, financial analysts from Blackstone, marketing talent from JetBlue and C-Suite talent from PHH Mortgage. This uniquely-skilled group formed the foundation of what is now a highly successful company.

Over the last 12 months, Better.com has increased its customer base by 276%, and seen a 300% growth in revenue, bringing the company’s valuation north of $600 million and projected to reach $1 billion by the end of 2019, launched a major partnership with Ally Bank and opened three new offices, hiring nearly 700 employees, all under Garg’s leadership.

Better.com has been expanding so rapidly, tripling its size in the last year, and opening offices around the country. Even though Better.com began as a digital mortgage company, it now has three new business lines: title insurance, homeowners insurance and a network of real estate agents.

What has been your secret to success?

“Working harder to action the future first. Most people agree on what the future is; few people agree on how to get there. By being first to actualize the future, more people surrender to your way of doing things.”

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3d rendering of a row of luxury townhouses along a street

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