On this week’s The Big Picture, Mike Yu, co-founder and CEO of Vesta, joins the show to unpack the future of mortgage technology and why the loan origination system is finally getting its long-overdue overhaul. An early product leader at Blend turned fintech founder, Mike shares how years spent building mortgage infrastructure inspired him to take on one of the industry’s toughest challenges: creating a true end-to-end, next-generation LOS designed for the digital age.
We explore how AI and modern platform design can simplify complex workflows, reduce friction across processing, underwriting, and closing, and ultimately improve both lender efficiency and borrower experience. From scaling Blend into a major banking partner to raising more than $55 million for Vesta from top venture firms, Mike offers a candid look at what it takes to modernize legacy systems and a big-picture perspective on how infrastructure innovation will shape the next decade of lending.
