Lending platform Upstart Holdings’ first quarter results saw loan originations nearly double from a year ago, driven in part by automated processes, while management pointed to strong credit metrics among the lending platform’s borrowers. Get the Full Story Complete the form to unlock this article...
Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality of its lending portfolio was strong amid new capital commitments from its lending partners. Get the Full Story Complete the...
Figure Lending LLC and Figure Technologies announced Wednesday (Nov. 1) an expansion of their partnership business, which includes an increased offering under the Lending-as-a-Service (LaaS) platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
American homeowners are reportedly living in the age of the HELOC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
December 10, 2019
Homeowners have trillions of dollars of untapped, but tappable equity in their properties. Yet, home equity lines of credit have a long way to go before rebounding to where they were since the Great Recession. In an interview with Karen Webster, Mike Cagney, CEO of Figure Technologies, explains how blockchain can help homeowners get their money faster — and cheaper — as they take on new renovations or pay down other pricey debt.
August 04, 2026
LoanDepot’s recent expansion into home equity lending paid off in the second quarter, driving unit volume growth of 25% and revenue growth of 18% compared to the first quarter, the company said in a Tuesday (Aug. 4) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]
November 01, 2023
Figure Lending LLC and Figure Technologies announced Wednesday (Nov. 1) an expansion of their partnership business, which includes an increased offering under the Lending-as-a-Service (LaaS) platform. Get the Full Story Complete...
July 16, 2023
American homeowners are reportedly living in the age of the HELOC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
November 04, 2019
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly...
