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Awards

2019 HW Tech Trendsetter: John Vong

Executive Chairman, ComplianceEase

John Vong, ComplianceEase executive chairman

John Vong is the visionary co-founder of ComplianceEase. John has built his entire career by spotting market trends before anyone else and then developing technology to address those trends.

Throughout the past year, he has spearheaded a number of critical technology projects at ComplianceEase, including the development and launch of DecisionMonitor, a tool that leverages artificial intelligence to help lenders identify and resolve common compliance issues quickly—reducing Compliance Department backlogs and expenses and delivering fair and consistent resolutions, while accelerating loan decision-making. With the expansion of home equity lending, Vong oversaw the addition of home equity audit functionality to ComplianceAnalyzer, making it the first and only compliance system that lets lenders using state licensing originate home equity lines of credit that comply with all state laws.

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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]