Ralo launches as first AI-native mortgage broker, announces $2.9M seed round.
Globenewswire •
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Promote with Leviathan News$11,800 of lender cost per mortgage is the number RWA people should watch; mortgage yield starts with expensive, messy origination before anyone wraps the asset on-chain. If Ralo keeps 50+ bps better rates and 15-day closes across CA, CO and TX, it gives Figure/Provenance-style credit markets cleaner borrower files instead of PDF sludge. The hard gate is still licensing, rep-and-warranty risk and AI underwriting liability; removing loan-officer margin does not make the collateral trustless.
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