Mortgages are one of the last lending products to become fully digital as the process represents quite the challenge to innovators; competition is increasing and the top 5 mortgage lenders all saw lost market share in 2018; recently listings services like Zillow have also entered the space, showing that customers have more options than ever before; consumers not only have many different options to choose from when it comes to a digital process but they are also able to shop for the best price; with a generation of millennials in the home buying process the increase of digital tools is coming at a perfect time for a market that is still slow to fully innovate. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.