Figure hires banks for lending arm IPO: Bloomberg
Mike Cagney's financial technology firm Figure Technologies has hired investment banks to coordinate LendCo IPO.
Source: housingwire.com
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Figure lays off 20% of staff amid plans to go public: report
Mike Cagney's Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public in 2024: Bloomberg
Source: housingwire.com
Figure Technologies launches wholesale lending platform
Mike Cagney's Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company's HELOC offering.
Source: housingwire.com
Defy Mortgage targets non-QM lending market
Defy Mortgage said it takes a “holistic approach” to evaluating a homebuyer’s entire asset portfolio, including cryptocurrency and bitcoin.
Source: housingwire.com
Figure's plan to buy a mortgage bank via SPAC is dead
Figure Technologies planned to acquire an unnamed, mid-sized mortgage bank via a SPAC deal. That's no longer possible.
Source: housingwire.com