Figure Goes Public As HELOC Growth, Marketplace Vision Take Center Stage
After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets
After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets
Proposed 5% public offering could reshape the U.S. mortgage market — but a host of risks loom along with potential gains