Aurora Investment: Better Overview
Our business model
is asset light as a
result of GSE
takeout, and
augmented through
our Investor
Matching Engine
Government-Supported Liquidity
98% of our loans are conforming¹, and can be sold to the GSES
Freddie Mac
FHAUT
$1 Trillion +
Fannie Mae®
Annual GSE & FHA Securitized Volume
over last 10 years²
$184 Billion
Daily TBA trading volume, Second only to
the US Treasury Market 3
Dynamic Investor Matching Engine
Additional alpha through real-time marketplace, maximizing loan-by-loan revenue across 30+
institutional investors
PennyMac®
ArcHome
WELLS
FARGO
GALTON FUNDING
Citi TRUIST HH
CALIBER
HOME LOANS
Lakeview
LOAN SERVICING
mr.
cooper
CHANGING THE FACE OF HOME LOANS
Provident Funding
The Mortgage Price Leader
MERCHANTS BANK
OF INDIANA
-Northpointe Bank
usbank
*NewRez
ANNALY
ally
5/3
FIFTH THIRD BANK
JPMorgan Chase
TEXAS CAPITAL BANK
HOME POINT FINANCIAL
MATRIX
Financial Services Corporation
Flagstar
Fannie Mae
AmeriHome
Bank
mortgage
1.
Percent of non-Ally loan origination volume in 2020
2. Source: Urban Institute. Housing Finance at a Glance, April 2020.
First Lien Origination Volume 2001-2019
3. Source: Securities Industry and Financial Markets Association (TBA
MARKET FACT SHEET, 2015)
Better
Supports Low Rates for Consumer
Illustrative investor distributions for three similar loans in 2020
Spread Relative to Highest Bid
-0.5
Loan A
-1.5
Loan B
-2.5
Bids received in 2020
for three loans with
same criteria (Rate
Term Refi, 80% LTV,
760 FICO. 37% DTI)
-3
Loan C
Winning
Bid
Bids from
investors
on platform
Up to
200bps
Premium
VS.
Fannie
Cash Bid
Fannie Mae
Cash
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