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LendingLife

Figure CEO Michael Tannenbaum on the strategy behind $717M Kiavi purchase

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Figure CEO Michael Tannenbaum discusses the $717 million Kiavi acquisition, first-lien growth, Adaptor AI and the company’s M&A strategy.

Mortgage

Figure bolsters first-lien strategy with $717M deal for Kiavi

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Figure Technology Solutions will acquire Kiavi in a $717 million deal that increases its exposure to residential investor loans and the first-lien market, the companies announced Wednesday.