From October 14-16, 2017, The National Association of Mortgage Brokers held the NAMB National yearly conference at The Rio Las Vegas. The annual event for mortgage professionals yielded lively discussions, 3,700 registrants, 120 exhibitors (sold out), and multiple programs including presentations from industry leaders on business development and much more.
Here are the highlights & hot topics:
John Stevens is Appointed New President
Former president-elect John Stevens, in the mortgage industry since 2009, has held board positions with the NAMB since 2012. Stevens has made it his mission this year to “Educate, Advocate, and Empower.” Spearheading the strategies of the organization, he plans to raise awareness, strengthen relations with state –AMB associations, grow membership, and leverage NAMB power to create positive change.
Standout Sessions Bring High Value to Attendees
Among the exciting networking and interesting exhibitors, NAMB National brought a number of high- value sessions to Vegas this year. These include:
Dominate Your Retail Competition (Sponsored by United Wholesale Mortgage)
President and CEO Matt Ishiba delivered a powerful coaching session focusing on technology, service, marketing and more to outcompete and stand out from mega retail lenders.
Championship Lending (Sponsored by Quicken Loans)
Quicken Loans Mortgage Services VP David Schroeder brought an educational session to help loan originators develop comprehensive plans highlighting innovation, market analysis, strategic planning and true grit to serve customers well.
The Secret Weapon All Loan Originators Need to Know (Sponsored by Plaza Home Mortgage)
Plaza Home Mortgage’s national renovation lending manager Ragen Cunningham provided “secret” information on how renovation loans are so valuable to the finance world. Discussing advantages and unique benefits, she shared how renovation loans create a myriad of opportunities to elevate revenue growth.
The New CFPB Forms
A Guide to the Loan Estimate and Closing Disclosure Form
BRAWL Generated Lots of Buzz
Brokers Rallying Against Whole-tail Lending (BRAWL), is a new network of independent mortgage brokers across the country that has a mission to stop the unethical practices used by “whole-tail lenders.” A term coined by BRAWL to “swipe at mortgage lenders that offer both wholesale and retail services on paper, when in reality, their primary business objective is to feed stolen prospect information directly to their affiliate companies.” Generating lots of conversation at the conference, BRAWL is receiving a very positive response from lenders and brokers.
Social Activities Yield Camaraderie and Connection
NAMB National in Las Vegas wouldn’t be the same without parties and social gatherings. 2017 saw a PRMG event at the Voodoo Lounge that met with rave reviews. REMN’s exciting party in the exhibit hall featured voice star Ddendyl Hoyt, courtesy of FirstFunding. At the end of the convention, the closing party featured Foreigner lead singer Lou Gramm backed by a fantastic backup band and powering out many of the band’s classic hits.
NAMB National was huge this year with high attendance, 80 more exhibitors than last year, and propelled industry professionals with critical tools and information to move forward and grow their companies. The next NAMB National will be held December 8-10, 2018 at Caesar’s Palace.
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