Making Sense of Mortgages: The Problem, and the Opportunity – Andreessen Horowitz

Owning a home has long been a pillar of the American dream, but very few people fully understand the mortgage that powers it. How does a mortgage originated by a broker in California end up on the books of the Singapore sovereign wealth fund, with the homeowner sending her monthly checks to Ohio? And why does it still take 45 days to close? The entire process is complex, opaque, and downright anachronistic. Yet we continue to complacently accept this reality, despite living in an on-demand age where we expect more speed, transparency, and ease of use.

Great overview of the opportunities in mortgage. 


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