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Figure targets Fannie and Freddie in first-lien push, citing 91% cost cut
BTC
BTC/USDT
$63,200.00
+0.22%
$63,200.00
+0.22%
(24s)24h Volume
$4,596,671,560.42
24h H/L
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Change: $674.00 (1.07%)
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Long: 69.0%Short: 31.0%
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Longs pay
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CS
CoinDesk Staff(05:10 PM UTC)
1 min read
Figure targets Fannie Mae and Freddie Mac in mortgage push, citing massive cost cuts for borrowers
The firm offers rapid service, targeting the sub-$300,000 loan segment, with HELOC applications approved in 5 minutes and funding in 3 days.
Figure Technology Solutions (FIGR), the blockchain firm helmed by former SoFi CEO Mike Cagney, is planning on taking on Fannie Mae and Freddie Mac in first-lien…
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