OptiFunder Newsroom

A 2022 Thought Leader Award Winner

Written by Ashley Leistler | Dec 14, 2022 1:54:00 AM

"We need industry thought leaders if mortgage lending is going to advance moving forward. Our existing awards all acknowledge the good work that executives are doing now, but we think it’s time to reward future work and initiatives. We need thought leaders that are not afraid to step forward and blaze a new trail. We need creativity. We need bold new ideas. As a result, for the second year in a row PROGRESS in Lending is honoring industry thought leaders."

MICHAEL McFADDEN
Founder & CEO of OptiFunder

Michael McFadden, CFA believes in the power of technology to drive change in the mortgage industry—and that when you don’t see the solution you need, you should be part of creating it. That’s what guided his transition from mortgage banking CFO to tech entrepreneur and founder of OptiFunder in 2019. McFadden (who holds degrees in Physics, Accounting & Finance) is focused on bringing parties together to solve complex problems in ways that are financially beneficial, and which ultimately benefit the consumer—and the industry. “It’s exciting to see newer technologies like AI, machine learning, Robotic Processing Automation (RPA) and blockchain being utilized in creative ways to solve problems.

It’s astounding what we can accomplish via partner integrations; combined with new tech it’s completely transforming the way—and speed—with which we can do most mortgage processes. There are so many great solutions out there, often people just need to stay curious and stay connected to their communities and advocacy groups such as MISMO, so that they can utilize the latest in tech to improve their operations and financial outcomes instead of being left behind.”

“Collaboration is key,” McFadden continued, “I am grateful and excited by how much we’ve learned from our clients about processes and opportunities to improve, it’s enabled incredible growth for our platform; some of our best features have resulted from process exploration with our clients. That kind of collaboration is a win-win and so key to continued innovation in the industry.”

 

Read the full list: https://mymortgagemindset.com/the-2022-thought-leader-award-winners-are/