Tag Archives: Figure

Inman announces the 2025 Class of AI Award winners

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The 2025 Inman AI Awards honor companies and individuals leveraging artificial intelligence to revolutionize the real estate industry. Continue reading →

HELOC disruptor Figure boasts $7B market cap after successful IPO

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The blockchain-powered home equity lender says it has not only revolutionized the process of originating mortgages, but financing them by making it easy for investors to trade them as assets. Continue reading →

Figure now using OpenAI’s GPT to speed HELOC doc review process

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When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review will save $8 million while raising customer satisfaction scores. Continue reading →

Institutional investors warming up to home equity agreements

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DBRS Morningstar’s rating of $224M securitization by Unlock and Saluda could boost investor appetite for agreements that let homeowners cash out equity in exchange for a stake in their home. Continue reading →

Figure powering HELOCs for 4 more independent mortgage banks

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As it continues to sign private label partners for its blockchain-powered loans, Figure says it’s provided more than $6 billion in HELOCs to roughly 85,000 households. Continue reading →

Venture capital giants like Pylon’s embeddable mortgage offering

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An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading →

Lenders gearing up to help renters become homebuyers

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New technology and policy changes at Fannie Mae and Freddie Mac spur innovations by Guild Mortgage and Ready Life to help borrowers without credit scores and good payment histories. Continue reading →

‘Crypto mortgage’ lets homebuyers leverage bitcoin as collateral

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30-year loans of up to $5 million provided by Florida-based Milo Credit LLC allow investors to avoid capital gains taxes — and don’t require down payments, credit scores or U.S. citizenship. Continue reading →

Sagent keeps lining up deals after starting year with a bang

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Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. Continue reading →