Suggestions
Brian Faux
Co-Founder at Morty
Brian Faux is the Co-Founder and CEO of Morty, an online mortgage platform that helps first-time homebuyers secure mortgages.12 With a extensive background in the mortgage and real estate industry, Faux has held various roles throughout his career that have shaped his expertise in housing finance.3
Career Background
Before co-founding Morty, Brian Faux's career included:
- Senior Advisor at the Department of Housing and Urban Development (HUD)2
- Stints at Freddie Mac and Wells Fargo1
- Chief Operating Officer at 1st Alliance Lending5
During his time at HUD, Faux played a crucial role in advising on the recovery of housing markets after the 2008 financial crisis. He contributed to the creation of the Distressed Asset Stabilization Program, which aimed to stabilize the housing market in the aftermath of the crisis.1
Morty
Faux co-founded Morty along with Nora Apsel and Adam Rothblatt.1 The company aims to simplify the mortgage process for first-time homebuyers by providing:
- A streamlined online mortgage broker platform
- Tools to help buyers understand their purchasing power
- Guidance through the pre-approval and loan-finding process
- A "Home Financing Score" to visualize factors affecting mortgage applications
Under Faux's leadership, Morty has expanded its operations from 10 states at launch to 34 states, with plans for nationwide coverage in the future.1
Expertise and Vision
Brian Faux is described as a life-long mortgage industry veteran.4 His experience spans various aspects of the industry, including:
- Mortgage origination
- Capital markets
- Public policy3
Faux's vision for Morty focuses on transparency, education, and building trust with homebuyers. He believes in combining technology with human expertise to make the mortgage process less intimidating and more accessible for first-time buyers.1