Housing Wire

SEPTEMBER 26, 2023

To reach a key financial goal in 2026, Blend Labs plans to diversify far beyond mortgage. On Tuesday, executives from the San Francisco, California-headquartered mortgage tech firm, which has yet to post a profit since going public in July 2021, shared the firm’s vision for growth during its first investor day.

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Housing Wire

NOVEMBER 7, 2023

Mortgage tech firm Blend Labs continued to narrow its financial losses in the third quarter, driven by strong growth in its consumer banking business. Its mortgage business outperformed the broader origination market and the company reduced cash burn, putting the firm on track to its goal of reaching non-GAAP profitability by next year.

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Housing Wire

SEPTEMBER 20, 2023

Most investors are already wondering what it would take for the central bank to lift rates again later this year. The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. The CME FedWatch Tool showed a 99% chance the Fed would halt its hikes to the 5.25

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