{"id":930,"date":"2007-01-22T23:43:45","date_gmt":"2007-01-23T06:43:45","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=930"},"modified":"2007-01-24T15:06:47","modified_gmt":"2007-01-24T22:06:47","slug":"interview-the-x-broker-jeff-corbett","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/930\/interview-the-x-broker-jeff-corbett\/","title":{"rendered":"INTERVIEW: The X Broker, Jeff Corbett"},"content":{"rendered":"<p>Jeff Corbett is one of the rising stars in Real Estate 2.0 .  I interviewed Jeff last month in Laguna Beach, CA.  Jeff is a remarkably shy person who bears little resemblance to the hard-hitting, on-line, pit bull who advocates transparency in<img decoding=\"async\" align=\"right\" alt=\"xbroker\" src=\"http:\/\/activerain.com\/image_store\/agents\/8\/9\/4\/4\/8944\/user8944_4_l.jpg\" \/> mortgage brokerage and banking.  He is unfailingly polite with a great sense of humor.  Born in Buffalo, Jeff is afflicted with love for the Bills and Sabres.  We won&#8217;t hold that against him here.<\/p>\n<p><strong>Jeff,  let&#8217;s start off with you explaining what X broker is in 100 words.<\/strong><\/p>\n<p>On the surface, an insider&#8217;s tell-all account about how the real estate and mortgage industries really work.   Underneath, <a title=\"xbroker\" href=\"http:\/\/thexbroker.com\/index.php\">the XBroker<\/a> is evolving into a community based on  transparency via a technology platform.  Most businesses utilize technology to cut costs and\/or increase reach; we&#8217;re simply giving that same power to the consumer.<\/p>\n<p>Our value proposition will be a web-based interface that aggregates wholesale lender interest rates and pricing for redisplay to the consumer.  There is no third party manipulation possible.  It&#8217;s based on common and anonymous credit risk factors that automate today&#8217;s residential mortgage pre-qualification process.    We are also working in the arena of property listings.<\/p>\n<p><strong>When do you think you&#8217;ll be up and running?<\/strong><\/p>\n<p>You will see changes in the next few weeks. We&#8217;re moving our site&#8217;s backend platform from Word Press to a more expandable architecture.  This will allow us to integrate third-party data with greater ease so we can deliver our information to the consumer in a more &#8220;user-friendly&#8221; environment.  After that, you&#8217;ll see a quick evolution toward the community and content I described above.<\/p>\n<p>The <a title=\"xblog\" href=\"http:\/\/thexbroker.com\/blog\">XBroker Blog<\/a> has drawn attention much sooner than I&#8217;d ever considered; it&#8217;s pleasant surprise.  The question, &#8220;What ARE you doing?&#8221; was tough to answer at first.<\/p>\n<p><strong>Jeff, we met and did battle over on <a title=\"ar\" href=\"http:\/\/activerain.com\/\">Active Rain<\/a> this past fall.  You wrote two groundbreaking posts.  Readers should notice that I dismissed your ideas as kind of a gimmick in <a title=\"starbux\" href=\"http:\/\/activerain.com\/blogsview\/16507\/What-if-Starbucks-Was\">The Starbucks Post<\/a>.  I got down right defensive in the <a title=\"civil war\" href=\"http:\/\/activerain.com\/blogsview\/19738\/The-Morgage-Industry-s\">Civil <\/a><a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/930\/interview-the-x-broker-jeff-corbett\/#more-930\" class=\"more-link\">Read more<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Corbett is one of the rising stars in Real Estate 2.0 . I interviewed Jeff last month in Laguna Beach, CA. Jeff is a remarkably shy person who bears little resemblance to the hard-hitting, on-line, pit bull who advocates transparency in mortgage brokerage and banking. He is unfailingly polite with a great sense of [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,5],"tags":[],"class_list":{"0":"post-930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-interview","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2150,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2150\/mortgage-grader-revolutionary-or-just-one-more-marketing-widget\/","url_meta":{"origin":930,"position":0},"title":"Mortgage Grader:  Revolutionary or Just One More Marketing Widget?","author":"Brian Brady","date":"November 1, 2007","format":false,"excerpt":"Mortgage Grader is a consumer-operated, automated underwriting system. Jeff Lazerson, its founder, has been working on this idea for 3-4 years. It was released this summer. Consumers enter information and are issued an approval. The mortgage grading engine mashes up various automated underwriting systems (FNMA Desktop Originator, proprietary sub-prime engines,\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1126,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1126\/mortgage-brokers-and-used-car-salesmen\/","url_meta":{"origin":930,"position":1},"title":"Mortgage Brokers and Used-Car Salesmen","author":"Brian Brady","date":"March 8, 2007","format":false,"excerpt":"Q: What do mortgage originators and used-car salesmen have in common? A: Their customers like to negotiate. Wanna hear about how I screwed up this week? I read Jeff Corbett and think highly about what he preaches; mortgage transparency. I read Pat Kitano and think he is on the right\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2910,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2910\/the-odysseus-medal-competition-voting-for-the-peoples-choice-award-is-open-25\/","url_meta":{"origin":930,"position":2},"title":"The Odysseus Medal competition &#8212; Voting for the People&#8217;s Choice Award is open","author":"Greg Swann","date":"April 6, 2008","format":false,"excerpt":"We have 14 entries on the short list this week, out of a long long list of 96 posts. I've already decided on the winner of the Odysseus Medal, so I'm not linking that way. This week's Short List is all Zillow Mortgage Marketplace posts, all of them written by\u2026","rel":"","context":"In &quot;Blog Carnivals&quot;","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":961,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/961\/bloodhoundblog-week-in-review\/","url_meta":{"origin":930,"position":3},"title":"BloodhoundBlog week in review . . .","author":"Greg Swann","date":"January 28, 2007","format":false,"excerpt":"We had quite a week at BloodhoundBlog. If you haven't had a chance to stay abreast of the trail we're running, here's a summary of the week's most significant weblog entries. We added three new contributors this week, starting with real estate investor Michael Cook, who brought us The Right\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2892,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2892\/zillow-mortgage-marketplace-one-way-transparency-like-a-bad-online-dating-site\/","url_meta":{"origin":930,"position":4},"title":"Zillow Mortgage Marketplace:  One Way Transparency Like A Bad Online Dating Site","author":"Brian Brady","date":"April 4, 2008","format":false,"excerpt":"Zillow Mortgage MarketPlace rang the opening bell and loan requests came flying in the door. I was pleasantly flabbergasted! It's no secret that I'm a Zillow-phile; I believe they are leading the way to transparent loan and real estate transactions. I'm tenuous, however, about spending too much time there. My\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3251,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3251\/redefining-mortgage-disclosure\/","url_meta":{"origin":930,"position":5},"title":"Redefining Mortgage Disclosure","author":"Brian Brady","date":"June 21, 2008","format":false,"excerpt":"Jeff Corbett announced that he launched Ratespeed this week: What is it? An anonymous, automated, transparent, mortgage program and interest rate pricing pre-qualification Search Engine widget, thingy. Why is this important? For the first time anyone can transparently access wholesale direct mortgage interest rates and program quotes without having to\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=930"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/930\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}