Figure Technology Solutions has formally launched its long-awaited initial public offering that could bring over $508 million in gross proceeds to the company if the overallotment is exercised. The company is offering over 21.46 million shares, with an overallotment of 3.95 million shares. In addition, 4.85 million shares are being sold by existing stockholders in […]
Figure Technology seeks $508M in long-awaited IPO Read More »
Bloomberg News Financial technology companies want lawmakers to preempt state privacy laws by amending the Gramm-Leach-Bliley Act, which prohibits the disclosure of information to any third party unless the consumer is provided notice and an opportunity to opt out. On Tuesday, the American Fintech Council sent a comment letter to the House Financial Services Committee
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The ultimate promise of technology in the mortgage industry is to improve the mortgage industry. It is such a simple, straightforward statement. And yet despite massive investments in myriad fintech solutions, improvements remain iterative and difficult to even quantify. Here’s where the disconnect happens. Any significant investment in technology should map to a predictable ROI.
The one question to ask before investing in mortgage tech Read More »