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…
Posts published in “blend”
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…
“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…
Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards. Source:…
As cumulative losses climb toward $1 billion, co-founder Nima Ghamsari still plans to lead a “once-in-a-lifetime industry transformation” powered by the mortgage tech provider and…
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…
With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Source: Inman…
Blend’s net loss for the quarter — up 167 percent from a year ago — came despite a 124 percent year-over-year increase in revenue, to…
The mortgage tech provider’s newly acquired title insurance business has been particularly hard hit by the end of the refinancing boom. Source: Inman News
A sharp decline in mortgage refinancing prompts Blend to pull back “very hard” on hiring and reconsider the “right number of people” needed in the…