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Podcast: The CU2.0 Podcast
Episode: CU 2.0 Podcast Episode 361 Takara on How to Solve the Mortgage Lock In Effect and Originate More Mortgages
Description: Send us Fan MailAbout 55% of outstanding US home mortgages have interest rates below 4% and a byproduct is that those homeowners are deeply reluctant to move because it would usually mean taking out a new mortgage at 6% or more.Enter Takara which says it has a way to resolve what it calls the mortgage lock in effect.On the show is Takara CEO Jonathan Arad who says the solution is to use a Danish-style mortgage payoff model to...