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Re:Google Launches Mortgage Shopping Tool in California by cma on Monday November 23, 2015 @03:07PM (#10616939)
And if they start funding a huge basket of subprime stuff they will have all the funding they need to really soar their Alphabet internet balloons into the stratosphere.
Re:Google Launches Mortgage Shopping Tool in California by toomuchtodo on Monday November 23, 2015 @03:08PM (#10616946)
If anyone has enough information on borrowers to properly price the risk, it's Google. Far more information than any traditional lender or mortgage broker is going to have.
Re:Google Launches Mortgage Shopping Tool in California by bradleyjg on Monday November 23, 2015 @03:57PM (#10617239)
I'm not sure they could legally use all of it to do underwriting, that's a tricky area. Also, for better or for worse, the GSEs + Ginnie are not going away any time soon.