Liquid Mortgage

LiquidFi, formerly known as Liquid Mortgage, was established in 2018 to address persistent inefficiencies within the post-origination mortgage ecosystem. The company was founded by Ian Ferreira, who serves as the CEO. Ferreira's background as a portfolio manager and mortgage trader, particularly during the financial crisis, exposed him to the operational challenges and lack of data integrity in loan management, inspiring him to leverage blockchain technology for a solution. His experience in the financial industry includes roles at Pine River Capital Management, Ceres Capital Partners, and Wells Fargo, complemented by an MBA in Investments and certifications in machine learning and deep learning.

The firm operates a digital asset and data platform that targets the lending industry, aiming to enhance transparency and efficiency for participants such as originators, servicers, and investors in mortgage-backed securities (MBS). The business model is centered on providing a shared, immutable ledger for loan data, documentation, and payment information. In August 2021, the company was granted a patent for its technology that covers creating loan-backed digital assets and tracking borrower payment information. This system is designed to create a verifiable history of a loan's lifecycle, from origination and diligence to servicing and secondary trading.

LiquidFi’s core service involves the tokenization of loans, where each loan is represented as a unique digital asset on a blockchain. This process creates a permanent, verifiable digital reference for a specific loan, tracking its principal balance and ownership in real-time. The platform connects lenders, borrowers, and investors, providing features like real-time data access and smart contract capabilities. For investors in MBS, this technology significantly shortens the timeline for receiving loan performance data, from weeks to near real-time, enhancing transparency for trading. A strategic partnership with Redwood Trust, a major issuer of non-agency MBS, has been a significant milestone, involving an investment and the joint co-authoring of a white paper on building a mortgage blockchain ecosystem. This collaboration led to the use of LiquidFi's technology in a $313 million securitization, tracking loan payments via the Stellar public blockchain.

Keywords: mortgage blockchain, digital lending platform, loan securitization, fintech, digital assets, mortgage-backed securities, MBS, real-time loan data, payment tracking, smart contracts, loan tokenization, distributed ledger technology, post-origination mortgage, lending ecosystem, Redwood Trust partnership, Ian Ferreira, financial transparency, asset-backed securities, loan servicing, warehouse lending