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

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

HomeLight lands $20M, adds 40 new ‘Buy Before You Sell’ states

HomeLight is partnered with more than 10,000 loan officers and 28,000 real estate agents to offer Buy Before You Sell in 46 states and Washington, D.C. — everywhere but Alaska, Massachusetts, New York and Rhode Island. Continue reading

Figure powering HELOCs for 4 more independent mortgage banks

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

Homepoint selling wholesale business to The Loan Store

Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by the end of the second quarter. Continue reading