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As mortgage biz suffers, Blend sees unified banking platform as the key to growth

Housing Wire

To reach a key financial goal in 2026, Blend Labs plans to diversify far beyond mortgage. Blend Builder – an initiative that started about four years ago and launched in March 2023 – is a cloud banking platform designed to help businesses in the financial services industry streamline processes for mortgages, loans, deposits and accounts. “We

Mortgage 358
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The Fed pauses its rate hikes for now, will it last?

Housing Wire

The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. Other labor market indicators, such as job openings and the unemployment rate , also point to a cooling economy, Danielle Hale, chief economist at Realtor.com noted. research and consulting at TransUnion , said. .