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Online Broker Morty Outlines Plans to 'Democratize' Mortgages

Nora Apsel, the founder and CEO of online mortgage broker Morty, has shed light on the company’s plans to “truly democratize” mortgages by providing "access to the right home-financing solution for anybody.” So reports Business Insider.

mortyMorty announced last July that it had closed a $25 million funding round, at a $150 million valuation, and the company’s pitch deck for investors said that its area of focus—purchase loans—was a “less cyclical segment of the market” than refinancings.

Apsel told Insider that Morty believed it would stand out from its competitors by doing purchase loans well, “because it’s harder.”

Read the full article from Business Insider.

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