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. million in Q2 2022.

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Housing Wire

NOVEMBER 7, 2023

million in revenues in Q3, within the range of $40 million to $42 million provided during its investor day in September. Blend’s new product and services included an AI-powered chat tool ‘Copilot’ aimed at executing precise tasks and deconstructing nuanced questions borrowers have. The company posted $40.6 As of Sept.

Investors 357

Investors Mortgage Business Technology 357

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 CME FedWatch Tool showed a 99% chance the Fed would halt its hikes to the 5.25 of these investors bet officials will freeze the rate hike at the November 1st meeting. next year and to reach 2% in 2026, he added.

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Housing Wire

MAY 3, 2024

million by 2026. For investors eyeing these properties, the challenge lies in higher interest rates for investment properties compared to single-family homes. This financial barrier, coupled with the standard 20-25 percent down payment requirement, has led to the exclusion of many potential investors from the market.

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