Investor and DSCR loans drive the segment’s growth as conforming lending loses ground
Tagged: Kiavi
The acquisition puts Kiavi’s investor-lending platform across Figure’s network of more than 480 partners as DSCR lenders compete on pricing, credit, and closing speed
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%
Acquisition adds more than $7 billion in annual first-lien volume as Figure expands investor-lending platform
Lower mortgage rates, improving access to capital, and stabilizing home prices are fueling renewed confidence among real estate flippers
“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference
Internal changes support company growth, officials said
Monday's reduction in force cut about 7% of staff.