Affordability was on the ballot, and it’s top of mind for homeowners, lenders, and mortgage partners alike. At Figure, we’ve taken a $12k process --> $1k. I was at an industry summit in Charlotte yesterday, and partners and prospects said they’re prioritizing solutions that lower costs for consumers and for themselves. One example: our partners in the last few months have used Figure to help their customers directly pay off ~$700M in consumer debt – this is tech that drives growth. But that’s just part of it. We’re investing in capital markets innovation and smartly using AI to deliver even more. Will cover on our earnings call Nov 12.
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Using the technology behind crypto (blockchain) doesn't necessarily mean using the currencies themselves. For Figure, blockchain is like cloud and it "works in the background"
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Joined @joshuahlipton on @YahooFinance to share @Figure’s strong Q2 results and discuss why home equity is booming.
Standardization + blockchain remain the ultimate unlock: lowering costs, cutting funding times, and creating transparent, liquid markets for our partners and borrowers alike.
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