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Published on 1/13/2021 in the Prospect News Bank Loan Daily.

Figure Lending closes $100 million financing facility with JPMorgan

By Taylor Fox

New York, Jan. 13 – Figure Technologies, Inc. subsidiary Figure Lending LLC closed a $100 million financing facility for conforming and jumbo mortgages from JPMorgan Chase Bank, NA, according to a news release.

This is the fifth financing facility for the company, which has closed nearly $1.5 billion across these deals.

Based in San Francisco, Figure Technologies is a fintech company in the home equity and blockchain spaces.


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