GENERAL SESSION: Top Insurance Issues for IMBs
Today’s insurance crisis is hitting IMBs hard from both sides. Join a frank discussion of the challenges of qualifying homebuyers with rising insurance costs and underwriting saleable loans that meet investor requirements.
Speakers
Moderator
About Matthew VanFossen Matthew VanFossen is the CEO of the Absolute Home Mortgage Corporation, a mid-size Independent Mortgage Banker located in Fairfield, NJ, and Mortgage Automation Technologies, a financial technology provider specializing in consumer mortgage technology. Matthew has been a driving force in the mortgage industry and is a respected figure in the community. Additionally, he serves as the president of the New Jersey Mortgage Bankers Association. VanFossen's passion for innovation and the industry is evidenced by his numerous industry achievements. He has been named a "Top Mortgage Professional Under 40" by National Mortgage News and has been featured in various publications, including Forbes, Scotsman Guide, and HousingWire.
Speakers
Justin Demola, CMB, is President of Lenders One® Cooperative and Senior Vice President of Origination Solutions for Altisource. As president of Lenders One, Justin leads its day-to-day operations and strategic execution. With nearly 30 years of mortgage, consulting and business development experience, he brings extensive leadership know-how to the role. He joined the organization in 2019 as Vice President, Sales and most recently served as Managing Director. Before that, Justin served in prominent positions at several independent mortgage banks, including Chief Operating Officer of MLB Residential Lending, LLC and President of The Hills Mortgage and Finance Company, LLC. He is a licensed mortgage loan originator and Certified Mortgage Banker (CMB). In addition to his responsibilities at Lenders One, Justin serves as resident CMB instructor for the Mortgage Bankers Association (MBA)’s CMB Final Prep Course, where he shares his insight and support with current students. Justin serves on the Mortgage Bankers Association of New Jersey Board of Directors and is a member of the MBA MORPAC Committee.
Adam Shores is the Senior Vice President, State Government Relations. He previously was Vice President for State Government and Political Relations with the American Property Casualty Insurance Association, where he led government relations and advocacy efforts in multiple states. In this capacity, he advocated for public policy solutions benefiting insurance consumers and member companies. He also led APCIA’s state political strategy, including managing the organization’s corporate PAC priorities, political engagement efforts with national political organizations, and political action compliance. Prior to joining APCIA, he spent nearly 15 years with Allstate Insurance Company where he directed strategic advocacy programs on several key public policy priorities. Throughout his career, he has developed extensive experience in government relations, political engagement and public affairs in both the public and private sectors. He has been on the forefront of many insurance-related legislative initiatives and has extensive experience in grassroots engagement, issue advocacy and PAC management. Prior to joining Allstate, he used his talents as a strategist and communicator in various roles while serving as a speechwriter in the administration of former Florida Governor Jeb Bush; a regional media director for the National Federation of Independent Business; a spokesman for the Florida Department of Education; and a legislative analyst in the Florida Senate Majority Office. Adam holds a Bachelor of Science in Politics and Journalism from Troy University, and a Master of Professional Studies in Political Management from The George Washington University. He served as a member of the Grayslake city council.