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Figure, JP Morgan Close $100 Million Financing Facility for Jumbo, Conforming Mortgages

Figure, J.P. Morgan Close $100 Million Financing Facility for Jumbo, Conforming Mortgages

This is the fifth financing facility for the online lending pioneer, having closed nearly $1.5 billion across these deals. Wall Street partners in financing facilities include Jefferies, other banks and funds and now J.P. Morgan. This $100 million loan facility is another opportunity for Figure to continue fueling growth in its mortgage lending.