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How Blend plans to survive a shrinking mortgage market 

Housing Wire

” Blend is reducing general and administrative expenses in human resources, finance, and legal, but decided not to cut costs related to engineering and product development. . “The refinance volume, in particular, is expected to be down 60% to 70% from last year’s volumes.”

Mortgage 395
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How one mortgage servicing company is prioritizing home retention during economic uncertainty

Housing Wire

On the originations side, we’ve built a scalable, multi-channel lending platform that has grown volume by 16X in just the past year. We are seeing strong growth across our forward and reverse lending channels and have increased quarter-to-date volume in August by 16X in the past year. In August, we originated more than $2.5

Mortgage 370
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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.