Industry

LVIC24: Setting New Standards for Success

September 27, 2024

The 2024 Loan Vision Innovation Conference has officially wrapped up, and what a transformative event it was! Held in the vibrant city of Chicago, this year’s conference exceeded all expectations, bringing together the mortgage industry’s top minds for three days of learning, networking, and innovation. From the stunning architecture tour along the Chicago River to the unveiling of our latest tools, the conference solidified itself as the premier private event in mortgage banking.

The following is a detailed recap of what made this year’s conference so unforgettable.

Innovation, Growth, and Efficiency at the Forefront

The theme of this year’s conference focused on doing more with less—a crucial approach as the mortgage industry continues to navigate complex economic conditions. Throughout the conference, attendees heard from mortgage industry titans, attended sessions that tackled key challenges, and learned about cutting-edge strategies to enhance efficiency and profitability.

Loan Vision's commitment to innovation and growth was felt in every session, and the new tools and features we rolled out demonstrate how Loan Vision continues to help customers reduce overhead while boosting output.

Unveiling LV-COMP: Revolutionizing Commissions Management

One of the most anticipated moments of the conference was the official launch of LV-COMP, our brand-new commissions portal designed to streamline compensation processes. This tool enables lenders to gain instant visibility into their commissions data, improving transparency and efficiency. LV-COMP was a hot topic of conversation throughout the event, with many attendees scheduling follow-up demos with our product team.

Insights from Mortgage Industry Leaders

This year’s agenda was packed with valuable insights from some of the biggest names in mortgage banking. Some of the standout sessions included:

- Michael Fratantoni, Chief Economist of the Mortgage Bankers Association, delivered a powerful keynote on the current state of the mortgage market and what lies ahead for 2024 and beyond. His data-driven insights on rising interest rates, market volatility, and economic recovery set the stage for thought-provoking discussions throughout the conference.

- Rob Chrisman, renowned mortgage industry consultant and writer, led an engaging discussion on what he sees going on in the mortgage space – highlighting strategies for maintaining profitability in a fluctuating market.

- Jim Deitch, CEO of Teraverde, led a session on the four immutable habits of profit driven lenders, giving attendees insight into practices that drive profitability and efficiency in successful mortgage lending and providing them valuable insights and practical strategies to implement in their own operations.

- Garth Graham, Senior Partner at STRATMOR Group, led a discussion on consumer experience – highlighting ways to turn consumers into loyal customers.

Alden Mills: Unstoppable Mindset

A highlight of the 2024 Loan Vision Innovation Conference was the session led by Alden Mills, former Navy SEAL Commander and author of Unstoppable Mindset. Alden shared his insights on leading with resilience in today’s challenging mortgage market, drawing parallels between his SEAL experiences and business leadership mindset.

Key takeaways from Alden’s session included:

- Unstoppable is Our Choice: Shifting your mindset requires an alteration in the thoughts, focus, and belief system we already have in place

- Positivity Requires Daily Practice: Deciding to listen to the positive whispers (“CAN” self-talk) instead of the negative yelling (“CANNOT” self-talk) requires discipline and energy filtering

- Belief Becomes Behavior and Behavior Becomes Habit: Change the mindset of it’s “always been done that way” to allow for new opportunities

Alden’s powerful message inspired attendees to lead with confidence and adaptability in a rapidly changing industry.

Elevated Networking and Social Events

This year, we made a deliberate effort to enhance the social aspects of the conference, providing attendees with more opportunities to network, connect, and unwind. Some of the highlights included:

- The Loan Vision Opening Dinner + Awards Ceremony: For the first time, we introduced “The LVs,” an award ceremony celebrating our customers and partners for their contributions and successes. It was an evening filled with inspiration, laughter, and a sense of community.

- Chicago River Boat Cruise: Attendees enjoyed a 2.5-hour boat cruise along the Chicago River, complete with food, drinks, and a captivating architecture tour. This unique experience allowed participants to connect in a relaxed environment while taking in the beauty of Chicago’s skyline.

Thank YOU!

On behalf of the entire Loan Vision team, we want to extend a heartfelt thank you to everyone who made the 2024 Loan Vision Innovation Conference a success – from our inspiring guest speakers and dedicated sponsors to every attendee who participated. Your engagement and enthusiasm are what made this event truly special. We’re proud to have brought together some of the top minds in the mortgage industry, and we can’t wait to see how you implement what you’ve learned.

The Loan Vision Innovation Conference continues to set a new standard for mortgage banking events, and we’re already planning to make next year even bigger and better.

We look forward to seeing you back in 2025!

Haleigh Heilman

Marketing Communications Manager
About the Author

As the Marketing & Communications Manager at Loan Vision, Haleigh Heilman specializes in developing and executing demand generation strategies across multiple channels to drive sales opportunities and align marketing efforts with revenue goals. Haleigh manages external-facing content, oversees event planning, and fosters industry relationships, ensuring impactful engagement and brand presence through campaigns, corporate events, and industry partnerships.

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