Consumer loan marketplace volume reached $4.3 billion as Figure Connect drove more production off the company’s balance sheet and helped lift adjusted margins to a record 55%
Some 320,000 homeowners are both underwater and behind on their payments — nearly twice as many as a year ago — even as mortgage-holder equity approaches $18 trillion
The proposed all-stock combination would unite Beeline’s mortgage, Non-QM, and title operations with a platform that lets homeowners sell fractional equity instead of taking out another loan
Home equity and purchase lending lifted production economics, while management characterized its relaunched wholesale channel as a supporting business rather than a major growth engine