Explore the latest trends in mortgage origination, focusing on digital transformation, personalized lending, and innovative strategies in a changing real estate market.
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Blockchain mortgage lender Figure Technologies has announced a 300% surge in loan applications since the Federal Reserve’s recent emergency rate cut, bringing its total in funded loans to more than $1 billion. So reports TheBlockCrypto.
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Figure Technologies offers home equity lines of credit, mortgage refinancing and student loan refinancing through its Provenance blockchain platform.
The startup, which itself has raised more than $225 million in total funding from investors, is led by former SoFi CEO Mike Cagney, who was ousted in 2017 after questions about sexual misconduct.
