BLEND LABS INC. CLASS A overview

SAN FRANCISCO, CA / ACCESSWIRE / June 13, 2023 / Last week, cloud banking platform Blend Labs, Inc. (NYSE:BLND), announced that its mortgage suite was chosen to streamline the mortgage origination process for Nations Lending Corporation. One of the fastest-growing mortgage lenders in the U.S., Nations Lending has achieved triple-digit revenue growth over the past three years and is now licensed to lend in all 50 states. The announcement comes as Blend continues to capture a growing share of the...

SAN FRANCISCO, CA / ACCESSWIRE / May 11, 2023 / In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their own customized solutions without needing to code. It also gives users the...

SAN FRANCISCO, CA / ACCESSWIRE / May 3, 2023 / The largest wealth transfer in history is currently underway as an estimated $30 trillion is expected to transfer from Baby Boomers to their Gen X and Millennial heirs by 2048. Considering that fewer than half of younger generations use the same bank as their parents, that wealth transfer will mean losing deposit accounts for many banks and credit unions currently catering to older customers. To attract those younger customers, banks and credit...

Blend, a leading provider of cloud banking software, announced today that Mountain America Credit Union selected its Instant Home Equity solution to provide members access to a fully digital end-to-end home equity product that dramatically cuts down loan application approval times. When deployed, the new product offers Mountain America members a digitally transformed home equity process with simplified approvals. The new home equity process, now fully digital, significantly shrinks loan...

EQS-News: Blend Labs Inc. Blend Is Building a Future Where Proactive Finance Revives the Primary Banking Relationship 10.11.2022 / 19:29 CET/CEST The issuer is solely responsible for the content of this announcement. In a market where the average household has about five different financial provider relationships, financial institutions have become eager to find strategies that incentivize consolidating financial products with just one financial institution. That financial fragmentation has been...

EQS-News: Blend Labs Inc. Homeowners Gained $60,200 In Equity On Average This Year — Blend’s New Digitized Home Equity Lending Software Will Make Accessing That Easier Than Ever 12.10.2022 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. Home equity in the United States hit record levels this year, exceeding $29 trillion in the second quarter, according to the Federal Reserve. That represents a gain of nearly 28% in equity year over year, with the...