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
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans, but nonbank lenders have already made inroads
As it continues to sign private label partners for its blockchain-powered loans, Figure says it's provided more than $6B in HELOCs to roughly 85,000 households in 45 states
Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. The company has announced several similar deals in months past
Experts Holden Lewis, Greg McBride and Jill Gonzalez share their thoughts on Walmart's foray into fintech and what it could mean for the mortgage industry
The San Francisco-based company offers fast-close HELOCs, plus the option to sell a home and rent it back
Mike Cagney resigned from SoFi in 2017 due to sexual harassment allegations. Now he's back with a new startup, Figure, and a digital home equity loan product.
June Ou is fourth company leader to step down amid a slew of scandals
San Francisco-based online lending startup poses 'reputational risk' amid allegations of misconduct