mortgage

“SoFi is the classic case of this. If they come in, they refinance your student loans, they throw it really easily, and then now they're layering on mortgages.”

“Partially the mortgages in Switzerland tend to be 50 to 70 years, so construction budgets are about double.”

“The underwriting criteria and the way mortgages were structured were determined then and have yet to evolve since that point in time. So the underwriting criteria, the down payment requirements, most of how the industry functions is almost a hundred years old.”

“Based off of our 7.15% average 30 year fixed rate mortgage and then based off of an average home price of 400,000 dollars, 400,000 dollars, which is the average home price in, in the U.S. Only 20%, 20% of Americans, based off the median income, ah, at differen…”

“In most of like startup land, when we talk about LTV, we talk about lifetime value and the majority of lifetime value for a consumer Even an eighteen-year-old is going to happen probably 15 years later in the future when they buy a house.”

“And there are a few interesting use cases, but you know, fast forward two years and the way that you get a mortgage is going to be talking to your AI application.”