Today's Commentary · May 28, 2026

Michael Tannenbaum on Why Mortgage Technology Keeps Failing Mortgage

Mortgage has always been a relationship business, but it has also always been a performance business. Markets move in real time, capital flows react instantly, and every basis point matters. Few people understand that balancing act better than Michael Tannenbaum, the CEO of Figure and one of the more closely watched executives in housing finance right now. Long before he was running a public company trying to reshape mortgage infrastructure through blockchain-based capital markets and...