In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce.
Source: Inman News
New customers and layoffs help Blend approach profitability
More from earnings reportMore posts in earnings report »
- Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs
- Offerpad sees declining revenue, but trims losses during Q2
- Q1 not so bad after all, nCino says in surprise sneak peek at earnings
- Compass grew virtually every metric that matters in Q1
- Opendoor saw rising losses in Q4, but managed to boost revenue
More from earnings reportsMore posts in earnings reports »
- Focus on homebuyers helps Guild swing to $97M 2024 profit
- Offerpad trims Q2 loss, but sales and revenue continue to slide
- RE/MAX revenue, US agent count continue decline in second quarter
- Compass revenue drops in Q1, but losses continue improvement
- WeWork takes bite out of losses as debt overhaul starts to pay off in Q1
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from q3 2024 earningsMore posts in q3 2024 earnings »
- Growth helps cloud banking tech provider nCino trim Q3 loss by 67%
- Better funds $1B in mortgages in Q3 but still $54M in the red
- Matterport posts $38.4M loss in Q3 as it spends for scale
- Rocket boosts market share, posts $481M Q3 loss on writedowns
- Porch shares soar 55% on $14M Q3 profit and restructuring plan
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
Be First to Comment