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Blend is now worth $4.6B. Now what?

Housing Wire

Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. ” Blend’s white-label technology is what powers mortgage applications on the website of traditional banks such as Wells Fargo and U.S. .

Insurance 381
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Interfirst Mortgage raises $175 million

Housing Wire

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.

Mortgage 282
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Blend hopes to be valued at $4B following IPO

Housing Wire

It has raised a total of $655 million since its founding in 2012, according to Crunchbase. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S.

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Opinion: What the ICE-Black Knight merger means

Housing Wire

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated.

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Blend reaches unicorn status with $75 million Series F raise

Housing Wire

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception.

Investing 485
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RON’s competitive advantage in today’s housing market

Housing Wire

As an industry, we observed first-hand during the pandemic the transformative power technology has over the mortgage origination process, especially with the borrower’s experience at closing. With compelling data such as this, there shouldn’t be anything stopping lenders from implementing RON technology and reaping the benefits.

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How Legislation Can Move Fintech Into the Digital Economy

Patch of Land

Congress has opportunities to address some of the challenges financial technology firms face in the lending sector. The pace of financial technology innovation in the alternative lending space is nothing short of phenomenal, but it has meant headaches for lenders and vendors waiting for regulation to play catch-up. In 2016, the U.S.

Lending 35