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Tangent 💚 Proptech

Housing Crisis | Fixing the Broken Mortgage System, with Altgage CEO Sukesh Shekar

41 min • 4 april 2023

Sukesh Shekar is the CEO & Founder at Altgage, the Google search of mortgages, bringing simply affordable mortgages to home buyers. . Sukesh believes in the American dream of homeownership. However, mortgages are more unaffordable than ever and most mortgage processes lack transparency. Altgage makes home buying more affordable with smart mortgages that build wealth over time.

💚 Learn more:
➡️ Altgage's website - Mortgage deals that make home buying affordable.
➡️ Sukesh Shekar on LinkedIn

💚 Feature:
➡️ Parking Reform Network (website) - Education about the impact of parking policy on climate change, equity, housing, and traffic.

💚 Connect with Tangent:
➡️ Edward Cohen on Twitter
➡️ Edward Cohen on LinkedIn
➡️ Jeff Berman on LinkedIn
➡️ Zach Aarons on Twitter
➡️ Tangent on LinkedIn
➡️ Tangent on Twitter

(1:54) - Building the Google search for affordable mortgages
(7:23) - Demystifying mortgage brokers compensation
(12:17) - Feature: Parking Reform Network (website) - Education about the impact of parking policy on climate change, equity, housing, and traffic.
(13:26) - Tangent glossary: mortgage originators, mortgage brokers, 'shop for your rates', market rate dispersion, PMI, cost of capital, UWM, mortgage origination.
(18:05) - Lack of transparency, many middlemen, too much fat
(18:57) - Numbers vs. existential issues for VC's
(19:40) - Renting vs. owning a home
(30:53) - Altgage's scale, repeatability & protectable IP
(33:45) - Mortgage startups performance
(33:57) - Altgage's innovative mortgage search
(37:50) - Altgage's team

Disclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

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