Why SoFi Will Take Mortgage Market Share from Wells Fargo and JPMorgan Chase

    Peter Cohan Posted by Peter Cohan.

    Peter S. Cohan is a management consultant, venture capitalist, teacher, author and blogger.



    Wells Fargo (in which I own shares) and JPMorgan Chase seem like they are pretty impregnable.

    Wells Fargo (in which I own shares) and JPMorgan Chase seem like they are pretty impregnable. But a closer look at competition from so-called marketplace lenders suggests that their share of the $1.45 trillion market for home loans could be at risk. I'm an investor in SoFi, one of these marketplace lenders [...]