# EDGAR Filing Document

**Accession Number:** 0001970036
**File Stem:** 0001193125-26-048939
**Filing Date:** 2026-2
**Character Count:** 4200
**Document Hash:** 4fbb1c39aebddb21fc88fb64db47eaa4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-048939.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001193125-26-048939

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**ITEM INFORMATION**: Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**ABS RULE**: RULE-15GA1

**PERIOD START**: 20250101

**ABS ASSET CLASS**: Residential mortgages - HELOC

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figure HELOC Master Depositor Trust
- **CENTRAL INDEX KEY:** 0001970036

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-06455
- **FILM NUMBER:** 26627227

**BUSINESS ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 7145990329

**MAIL ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM ABS-15G** 

**ASSET-BACKED SECURITIZER REPORT** 

**PURSUANT TO SECTION 15G OF THE** 

**SECURITIES EXCHANGE ACT OF 1934** 

**Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:** 

☐ **Rule 15Ga-1(c)(1) under the Exchange Act (17 CFR 240.15Ga-1(c)(1)) for the reporting period to** 

☐ **Rule 15Ga-1(c)(2)(i) under the Exchange Act (17 CFR 240.15Ga-1(c)(2)(i)) for the quarterly reporting period to<u> </u>** 

☒ **Rule 15Ga-1(c)(2)(ii) under the Exchange Act (17 CFR 240.15Ga-1(c)(2)(ii)) for the annual reporting period January 1, 2025 to December 31, 2025** 

**Date of Report (Date of earliest event reported)** 

**February 12, 2026** 

## Figure HELOC Master Depositor Trust
**(Exact name of securitizer as specified in its charter)** 

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| | |
|:---|:---|
| **025-06455** | **0001970036** |
| **(Commission File Number of securitizer)** | **(Central Index Key Number of securitizer)** |

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**Todd Stevens (973) 985-3682** 

**Name and telephone number, including area code,** 

**of the person to contact in connection with this filing** 

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ☐

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☒

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| | |
|:---|:---|
| 1 | Figure HELOC Master Depositor Trust as securitizer, is filing this Form ABS-15G in respect of all asset-backed securities as to which it or any affiliate thereof was a securitizer during the reporting period, including: Figure Lending LLC, FIGRE Trust 2023-HE1, FIGRE Trust 2023-HE1a2, FIGRE Trust 2023-HE2, FIGRE Trust 2023-HE3, FIGRE Trust 2024-HE1, FIGRE Trust 2024-HE2, FIGRE Trust 2024-HE3, FIGRE Trust 2024-HE4, FIGRE Trust 2024-HE5, FIGRE Trust 2024-HE6, FIGRE Trust 2024-SL1, FIGRE Trust 2025-HE1, FIGRE Trust 2025-HE2, FIGRE Trust 2025-HE3, FIGRE Trust 2025-HE4, FIGRE Trust 2025-HE5, FIGRE Trust 2025-HE6, FIGRE Trust 2025-HE7, FIGRE Trust 2025-HE8, FIGRE Trust 2025-PF1, FIGRE Trust 2025-PF2, FIGRE Trust 2025-FL1 and FIGRE Trust 2025-FL2.  |

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**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | |
|:---|:---|
| Figure HELOC Master Depositor Trust<br> **(Depositor)** | Figure HELOC Master Depositor Trust<br> **(Depositor)** |
| By: Figure Lending LLC, as sole member | By: Figure Lending LLC, as sole member |
| By: Figure Lending Corp. | By: Figure Lending Corp. |
| By: | /s/ Todd Stevens |
|  | Name: Todd Stevens |
|  | Title: Chief Capital Officer |

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Date: February 12, 2026