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Blend narrows loss in 2023, projects confidence in achieving profitability this year 

Housing Wire

During the fourth quarter, Blend prepaid $85 million of its term loan balance and amended the maturity date to provide for a one-year extension to 2027, provided we meet certain conditions,” said Amir Jafari, Blend’s head of finance and administration. 31, 2023, Blend had cash, cash equivalents and marketable securities totaling $144.2

Mortgage 362
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The Post-COVID shift: What Amazon and Zillow can’t do

Housing Wire

This tipping point came after several years of rapid technology growth in our industry. The trends we elaborated on two years ago, pre-COVID, are now the standard: Digital is the new normal and technology is now the price of entry rather than a competitive advantage. By 2027, the mortgage industry is going to look completely different.

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The crypto-mortgage is the new kid on the block

Housing Wire

LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. trillion and is projected to exceed $32 trillion in value by 2027. “…It’s all been organic so far, [so] it’s nascent today, but I expect it to grow quite quickly.”.

Mortgage 435
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Navigating Carbon-Free Living: Insights for King County Residents

Will Springer Realtor

The new law pushes major utilities like Puget Sound Energy to ease from promoting natural gas options in the home, consolidating a major utility’s electric and gas business by 2027 and no longer supporting gas-powered heat pumps by 2031. Washington has about 2.9M households, of which 1.2M use natural gas, a fossil fuel.

Law 60
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Being Smart Before Investing in Smart-Home Tech

Will Springer Realtor

We are inundated with technology from the day we wake with a wristwatch or phone alarm to the final minutes of the day with sleepy sounds fed through a speaker. have smart technology in the home, according to Statistica research. That total is expected to reach roughly 670M global households by 2027. Even better!