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 394

Mortgage Investors Finance Technology 394

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.”

Technology 302

Technology Tools Finance Clients 302

Housing Wire

NOVEMBER 27, 2023

The capital rule continues to be used as a tool to manage the GSEs’ risk, which has been evident in recent policy decisions,” the MBA said. In terms of the newly-published final rule, MBA provided similar language about what it believes the new rule does and doesn’t address. The majority of the final rule is effective as of Jan.

Government 405

Government Tools Finance Mortgage 405

Housing Wire

NOVEMBER 7, 2023

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 351

Investors Mortgage Business Technology 351

Housing Wire

SEPTEMBER 20, 2023

The CME FedWatch Tool showed a 99% chance the Fed would halt its hikes to the 5.25 next year and to reach 2% in 2026, he added. research and consulting at TransUnion , said. In fact, mortgage applications picked up in the week leading up to the Fed meeting, signaling a wave of optimism. However, only 70.9% at the end of this year to 4.1%

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Housing Market Mortgage Landlords Marketing 426

Housing Wire

NOVEMBER 21, 2023

The Enterprise Regulatory Capital Framework is a critical tool to ensure the Enterprises responsibly manage their risks,” said FHFA Director Sandra Thompson. The final rule goes into effect Apr. 1, 2024, but certain provisions on derivative contracts, and cleared and collateralized transactions go into effect on Jan.

Government 322

Government Contracts Tools Mortgage 322

Housing Wire

AUGUST 16, 2023

Prepayment rates are likely to remain historically low for at least another year, homeowners’ equity positions are extremely strong, millions of homeowners have rates under 4%, and COVID-era loss mitigation tools give distressed borrowers loads of new options. His prediction is that 2025 and 2026 “will be off the charts.”

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Retail Real Estate Agent Business Mortgage 350