Jason van den Brand

These are people that are making on average, our demographic making over $75,000 a year, documented income with six months of reserves assets in the bank, liquid, that's not locked up even in things like stocks.

So this is not your, you know, the idea of subprime and, you know, risky debt or things like that, things that were happening through, you know, the noughties or what led to the big short as you referenced.

It's not the case.

Yeah.

It's actually, it's actually, um, it's a good thing, uh, for the consumer.

It means that someone else that services loans thinks that your profile, your data is a good risk and not to buy that.

from someone like us and actually go ahead and collect your payments.

And it costs money.

You know, they're filling warehouses full of people to actually manage that book to collect payments on a monthly basis.

So it's a good thing when your loan gets sold, it's very common in the industry.

We are moving rapidly towards servicing our own loans.

We've had a lot of customers come to us and say, Linda, you guys are awesome.

You've really made this process super easy and fast and transparent for me.

There's one thing that I would love to have happen.

I have this username and password to get into my secure lender profile.

I would love to be able to log back in after this loan is closed and be able to make my mortgage payment.

So we are going to move in that direction here starting in 2017.

No, our VCs have never forced us to do anything.

That's good.

Yeah.