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Affirm to Receive up to $5 Billion From Liberty Mutual as Part of Forward Flow Loan Purchase Program
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Affirm to Receive up to $5 Billion From Liberty Mutual as Part of Forward Flow Loan Purchase Program
Jan 24, 2025 5:46 AM

08:15 AM EST, 01/24/2025 (MT Newswires) -- Affirm Holdings ( AFRM ) and Liberty Mutual Investments said Friday they have upsized their forward flow loan purchase program.

Over the term of the program through June 2027, Liberty Mutual will purchase Affirm's installment loans on a forward flow basis in amounts of up to $750 million, eventually investing up to $5 billion in the program, the companies said.

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