I will be particularly interested [cue sarcastic voice] to learn how these folks have finally solved the millenium-old maturity mismatch problem inherent in lending long and borrowing short. As far as the website indicates, 30% overcollateralization takes care of it and mortgages are a stable source of liquidity so not to worry! I'm glad that's settled.

I can't take this stuff any more. My head hurts.

#fintech #mortgagebanking #deposits #banking