Tag Archives: blend

The biggest mortgage, lending and housing finance stories of 2022

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

Venture capital giants like Pylon’s embeddable mortgage offering

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An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading →

Billions in losses, a brutal market and more from Q3 earnings season

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A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading →

Blend announces more layoffs as cumulative losses surpass $1B

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The mortgage tech and title provider posted a $132.7 million net loss in the third quarter of 2022, with revenue falling 38 percent from a year ago to $55.3 million, according to an earnings call Thursday. Continue reading →

PNC Bank partners with Blend to digitize mortgage applications

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“Strategic partnership” is a win for mortgage tech and title insurance provider Blend, which has cut its workforce by about 25 percent this year and racked up an accumulated $995 million deficit. Continue reading →

Qualia’s new API could help companies scale digital title ops

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Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards. Continue reading →

The best and worst ways to handle layoffs as real estate cuts accelerate

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The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading →

The best and worst ways to handle layoffs as real estate cuts accelerate

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Comments Off on The best and worst ways to handle layoffs as real estate cuts accelerate

The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading →