Episode 2 - Jesse Loomis

The second episode of “What the M” features Jesse Loomis, the President and General Manager of Bid4Assets, Inc. Bid4Assets is a leading online auction site that assists county governments in conducting foreclosure and tax foreclosure auctions virtually. Bid4Assets pioneered virtual public auctions back in 2000 and has sold over 100,000 properties for county governments. Jesse is the leading industry expert on virtual public auctions and auction strategy, regularly lecturing at conferences, engaging with the media, and testifying before legislatures. He has both an undergraduate degree and MBA from the University of Maryland (“Go Big Ten!”) Listening to Jesse talk about how the foreclosure auction industry has been transformed since auctions went online- to the benefit of both servicers and former borrowers- is a real master class in how businesses can thrive when they truly embrace technology. Welcome to What the M, Jesse!