Sun West CEO and Morgan’s innovator Pavan Agarwal was welcomed by Hall of Famers Terrell ‘TO’ Owens and ‘Ivan’ Pudge Rodriguez as part of the leadership coaching event ‘Game On’.
The event showcases the recently developed empathetic technology mortgage product which seeks to achieve unbiased and fair lending and greater equality in the house buying experience with integrated blockchain technology.
In tandem, the event will be making a donation to The Autism Community in Action (TACA) based on Total attendees and Livestream viewership count
Football and baseball Hall of Fame icons Terrell ‘TO’ Owens and Ivan ‘Pudge’ Rodriguez today will induct leading mortgage originator Sun West’s recently developed empathetic technology product Morgan into the Mortgage Hall of Fame at Resorts World, Las Vegas.
Pavan Agarwal, founder, and CEO of Sun West’s technology sister company Celligence, will explain how Morgan will eliminate the stress, anxiety, uncertainty, and the overall risk of the home buying process while broadening, and equalizing access to those from more modest income and credit backgrounds. This latest event will see blockchain technology introduced to the platform with high-value utility. Thomas Smith, CTO has been leading up the project and said, “this is like nothing you’ve seen before”.
‘Game On’ hosts TO Owens and Pudge Rodriguez will provide expert business and leadership coaching drawing from their respective “Hall of Fame” careers in Football and Baseball. The stage will provide an opportunity for Mr. Agarwal to showcase Morgan and how it seeks to make the dream of home ownership a reality to many more people, with Sun West Ambassador Pudge Rodriguez formally welcoming it into the Mortgage Hall of Fame.
Acquiring a mortgage has become even harder in recent times, partly driven by high inflation, continually rising property prices, and coupled with many US banks and financial institutions not issuing small-dollar mortgage loans to families with modest incomes and means. When combined with the complexities of the lending process and an unwillingness of many lenders to invest the time and resources on potential customers with non-traditional financial circumstances, there are major obstacles to affordable housing, especially among underserved communities.
Mr. Agarwal, in creating Morgan, has committed to address these inequality issues. The traditional process of mortgage applications has typically precluded those with a challenging credit and employment history, and the use of technology, such as Morgan, seeks to level that playing field by considering multiple mitigating factors. By employing artificial intelligence and ‘empathetic technology’ to consider the applicant’s language, emotional state, and other factors, Morgan has already proven to increase mortgage approval rates for those from lower-income with lower-down payment FHA/VA/USDA loans.
Pavan Agarwal, CEO of Sun West Mortgage Company, said: “I am thrilled to be welcomed by such inspiring sports icons and leaders like TO Owens and Pudge Rodriguez, and to have Morgan inducted into the Hall of Fame. Their inspiring words and coaching in both the world of business and in everyday life are testament to their stellar careers in Football and Baseball, and their commitment to improving the lives of others is a positive testament to their characters.
“Borrowers in underserved communities deserve the opportunity to apply for a mortgage and to present their offers to sellers with the same confidence and dignity as buyers in high-income brackets. At Sun West Mortgage Company, we pride ourselves on ‘The Home of Fair Lending’ and are continually looking to deliver this level of service equally across borrower demographics and profiles. As a firm, we will continue to invest in the creation of transformative technology that will make low-cost financing more accessible and equal than ever before.”