← Fintech One-On-One
All Fintech One-On-One episodes →
How Figure Is Cutting Mortgage Costs from $12,000 to $1,000, with CEO Michael Tannenbaum
Fintech One-On-One · 2026-05-21 · 35 min
Episode notes
Michael Tannenbaum became CEO of Figure in early 2024, taking over from founder Mike Cagney and leading the company through its September 2025 IPO. In this conversation, we get into the mechanics of how Figure's blockchain-based platform competes with Fannie Mae and Freddie Mac, what it actually takes to cut mortgage origination costs from $12,000 to $1,000, and where the real opportunities in tokenization lie.
More from Fintech One-On-One
All episodes →- How Navan Coded Company Policy Onto the Card to Kill the Expense Report with Yuval Refua71 / 100
- Fintech Revealed: Deep Dive on Vertical Fintech with Increase and Tekion82 / 100
- How Edge Focus Is Bringing Quant Trading Precision to Consumer Lending With CEO Elliott Lorenz77 / 100
- What's Finally Changing to Help Catch More Financial Crime With Andrew Davies of ComplyAdvantage
- Why Embedded Payments is a Retention Strategy for Vertical SaaS with Joshua Silver, CEO of Rainforest