, NAMB roll out new real estate platform

"It is like Amazon meets the real estate transaction", NAMB roll out new real estate platform

Mortgage tech provider has teamed up with the National Association of Mortgage Brokers to create a new online marketplace that will connect consumers and loan originators.

NAMB president Kimber White described the new platform as the Amazon for real estate transactions.

“This new online destination will be the industry’s first true borrower-facing portal, where consumers can choose the professionals they want to serve them based on the actual experience of their peers,” White said. “At the same time, NAMB members can collect consumer ratings and reviews and add the human component in human-assisted eCommerce. It is like Amazon meets the real estate transaction.”

In a statement, said that the partnership will also provide a new member benefit “aimed at preparing loan originators to compete more effectively, both today and in the coming purchase money mortgage market.”

“For as long as I’ve been a part of this industry, loan originators have struggled to find good new business leads and to forge strong partnerships with their partners in real estate sales,” president John Stevens (pictured) said. “We will change that by putting consumers at the center of the transaction and giving loan originators the opportunity to build out strong referral relationships easily. I’m very proud to be partnering with NAMB to bring this to the industry.”