Housing Wire

DECEMBER 29, 2023

Krishna will serve “for a term expiring at the company’s 2026 annual meeting of stockholders and until his successor is elected and qualified, subject to his earlier death, resignation, retirement, disqualification or removal.” AI will be at the center of how clients buy, sell and finance homes,” Krishna said.

Technology 289

Technology Tools Finance Clients 289

Housing Wire

SEPTEMBER 26, 2023

To reach a key financial goal in 2026, Blend Labs plans to diversify far beyond mortgage. Achieving positive free cash flow by 2026 would represent a financial landmark for Blend. ​​”We are guiding to a free cash flow margin of 8% for our conservative case, 18% for the market norm, with our base case at 12%.

Mortgage 377

Mortgage Investors Finance Technology 377

Housing Wire

AUGUST 16, 2023

That alone suggests better days ahead for IMBs, even if rates don’t fall into the 6s for a few more months, the secondary market remains a mess, and seasonality results in low volume in the first quarter of 2024. This should contribute to the biggest IMB lenders gobbling up additional market share, even if no single lender is at 10%.

Retail 336

Retail Real Estate Agent Business Mortgage 336