TJ Durkin, Head of Structured Credit and Specialty Finance at TPG Angelo Gordon, discusses the booming opportunities in home equity borrowing as homeowners capitalize on rising real estate prices. He predicts a staggering $150 to $200 billion in annual origination, highlighting the shift towards asset-based finance. The conversation touches on the evolution of structured finance, the challenges facing private debt, and emerging trends in commercial real estate and residential solar energy. Durkin emphasizes new strategies and regulatory impacts shaping the future of lending.