In this episode of Laugh, Lend & Eat, Fobby Naghmi sits down with Jeremy Potter, founder of Next Belt Strategies and one of the most forward-thinking voices in mortgage technology, to talk about courage, innovation, and how to navigate an industry that’s evolving faster than ever.
Jeremy and Fobby dive into what it truly means to innovate responsibly — moving fast enough to stay relevant, but smart enough to stay compliant. Together, they explore how mortgage companies can adapt to AI without losing control of the process or the human touch that defines great lending.
Adapting to AI intentionally: Building frameworks and documentation to avoid the operational and compliance disasters that come from rushing in too fast.
AI as a profitability engine: Why artificial intelligence is the first real tool in years that’s adding margin back to lenders’ bottom lines.
The consolidation wave: How technology and efficiency are accelerating a shakeout — not by logos, but by talent, productivity, and adaptability.
Responsible innovation: What it means to lead with purpose, clarity, and courage in a tech-driven lending world.
Memorable Quotes:
Jeremy Potter: “There’s a big difference between intent and outcome. The intent of a rule or a tool may be clear, but how it plays out in real life is often very different.”
Jeremy Potter: “We’ve already thrown enough spaghetti at the wall in this industry. Responsible innovation means slowing down, being intentional, and making sure technology actually delivers value instead of just burning money.”
Fobby Naghmi: “AI is the first tangible thing I’ve seen in years that truly puts money back into a lender’s pocket — and if you don’t start moving today, you’re already behind.”
💡 Key Takeaway:
The mortgage industry doesn’t need to fear AI — it needs to understand it. The future will reward those who are bold enough to adapt and disciplined enough to innovate responsibly.