Figure Technology Solutions: Blockchain-Based Home Equity Credit Product May Circumvent Lending Rules

Published on Feb 12, 2026

Figure Technology Solutions (FIGR), a nonbank lender that uses blockchain to automate consumer credit lending, derives the bulk of its revenue from a home equity line of credit (HELOC) product that appears to operate much like a traditional home loan, raising questions about whether the company is exploiting the lucrative HELOC lending structure while sidestepping […]

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