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Figure targets Fannie and Freddie in first-lien push, citing 91% cost cut
BTC
BTC/USDT
$65,248.00
+1.16%
$65,248.00
+1.16%
(24s)24h Volume
$7,696,937,722.88
24h H/L
$65,577.00 / $64,293.81
Change: $1,283.19 (2.00%)
Long/Short
63.6%
Long: 63.6%Short: 36.4%
Funding Rate
+0.0056%
Longs pay
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CoinDesk Staff(05:10 PM UTC)
1 min read
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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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