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21: Lessons Learned From Rocket Mortgage Canada’s Journey with Rocket Mortgage Canada's Chris Colasanti
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EPISODE DESCRIPTION
In this episode, Bekim is again joined by Chris Colasanti. Chris is a founding team member of Rocket Mortgage Canada and the VP of Strategy & Analytics and Rocket Pro at Rocket Mortgage Canada from Windsor, Ontario. A graduate of the Lazaridis School of Business & Economics, Chris has brought an innovative and energetic demeanor as well as a passion for technology and data driven decision making to Rocket Mortgage Canada since 2020.
Chris is here to discuss:
→ Why it's so hard to start a lender in Canada, including: Canada's oligopolistic banking structure, the "big six", creating barriers for new entrants, slow regulatory changes, and the difficulty of scaling with high capital requirements & tighter margins.
→ The differences between the Canada and US lending industries like technology and unit economics, and how Canada's risk-averse culture is becoming detrimental to innovation and economic growth.
→ The lessons learned from Rocket Mortgage Canada's journey, the enduing spirit of the team and building a strong culture, and the importance of innovators carrying the torch forward.
Chris's 1st Lending Thoughts Appearance: www.lendingthoughts.com/e/11-chris-colasanti
Chris Colasanti's LinkedIn: @ChrisColasanti
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CONNECT WITH BEKIM
📸 Bekim Merdita's Instagram: @bekim_merdita
📋 Bekim Merdita's LinkedIn: @BekimMerdita
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CONNECT WITH ROCKET PRO CANADA
🔗 Rocket Pro Canada Website: www.rocketpro.ca
📸 Rocket Pro Canada Instagram: @rocketprocanada
📋 Rocket Pro Canada LinkedIn: @RocketProCanada
👥 Rocket Pro Canada Facebook: @RocketProCanada
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