PORTFOLIO NEWS

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Figure announced that now more consumers will have access to home equity line of credit (HELOC) offerings, as three mortgage companies partner with Figure under the company's brand.

Figure, the most tech-forward non-bank lender of HELOCs in the country, also announced that it saw record demand for its Figure-branded HELOC product in June, surpassing $325 million in funding volume over the month. That June total was the eighth consecutive record month for Figure's HELOCs and represents a nearly 300 percent increase over the past year.

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