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Figure targets Fannie and Freddie in first-lien push, citing 91% cost cut
BTC
BTC/USDT
$59,410.01
-2.51%
$59,410.01
-2.51%
(24s)24h Volume
$29,815,881,711.46
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
70.8%
Long: 70.8%Short: 29.2%
Funding Rate
+0.0001%
Longs pay
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CoinDesk Staff(05:10 PM UTC)
1 min read
1420 views
0 commentsFigure 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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