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Rocket’s Varun Krishna appointed to newly created board position

Housing Wire

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.”

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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. 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 402
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Blend narrows loss to $21M in Q3, reaffirms path to profitability in 2024

Housing Wire

Blend’s new product and services included an AI-powered chat tool ‘Copilot’ aimed at executing precise tasks and deconstructing nuanced questions borrowers have. Executives had set a goal of achieving positive cash flow by 2026 in its investor day in September. ​​As As of Sept.

Investors 361
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What lies ahead

Housing Wire

million by 2026. Technological advancements are making it easier for the short-term rental industry Technology has revolutionized the short-term rental industry, making life easier for hosts and enhancing the overall guest experience. Overall, the future of short-term rentals holds promise, but not without its intricacies.

Investors 334
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With strategic plan, FHFA charts new course

Housing Wire

The conservator of Fannie Mae and Freddie Mac on Wednesday laid out three broad strategic goals for 2022 to 2026: safety and soundness, equitable access to affordable and sustainable housing, and responsibly managing FHFA’s infrastructure.