Blend Launches Lower-Cost Offering for Retail Independent Mortgage Banks
16 Octobre 2023 - 2:05PM
Business Wire
Blend supports retail independent mortgage banks with new
price-competitive offering that provides the most essential
features for success in this market
Blend, a leading provider of cloud banking services, today
announced the launch of Blend IMB Essentials, a new edition of
Blend’s mortgage suite designed to provide the most important
features to retail independent mortgage banks (IMBs) in today’s
challenging market.
With this offering, retail IMBs will be equipped with the
features most critical for their success, enhancing productivity
and operational efficiency while delivering an exceptional
experience to borrowers and loan teams at a significantly lower
price point.
The offering includes Blend’s best-in-class application process,
seamless soft credit pulls for cost savings, hard credit pulls,
automated conditions management, real-time loan pricing and
scenarios, all while enhancing the capabilities of loan officers
with advanced mobile functionality. Customers can also seamlessly
scale up to more advanced features in Blend’s standard enterprise
edition as needs evolve and market conditions improve.
“This is a historic time for our industry. The mortgage market
is grappling with the effects of high interest rates, home
affordability, and low inventory, so reducing costs is top of mind
for everyone,” said Nima Ghamsari, Head of Blend. “Retail IMBs have
helped build Blend into what it is today and we stand by the
industry during this time. We will make sure every loan officer can
offer the best possible borrower experience while also being able
to conveniently manage their pipeline on the go with the LO Mobile
App.”
Retail IMBs that choose this offering can be fully live in weeks
and with minimal upfront cost. Blend comes pre-integrated with the
most common loan origination systems, pricing engines, and other
key systems to allow for seamless set-up.
For more information on Blend IMB Essentials Edition, please
visit blend.com/imb-essentials.
About Blend
Blend is the infrastructure powering the future of banking.
Financial providers— from large banks, fintechs, and credit unions
to community and independent mortgage banks—use Blend’s platform to
transform banking experiences for their customers. Blend powers
billions of dollars in financial transactions every day. To learn
more, visit blend.com.
Forward-Looking Disclaimer
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements generally relate to future events, future
performance or expectations and involve substantial risks and
uncertainties. Forward-looking statements in this press release may
include, but are not limited to, our expectations regarding our
product roadmap, future products/features, the timing of new
product/feature introductions, market size and growth
opportunities, macroeconomics and industry conditions, capital
expenditures, plans for future operations, competitive position,
technological capabilities and strategic relationships, as well as
assumptions relating to the foregoing. The forward-looking
statements contained in this press release are subject to risks and
uncertainties that could cause actual outcomes to differ materially
from the outcomes predicted. In some cases, you can identify
forward-looking statements by terminology such as “may,” “will,”
“should,” “expect,” “plan,” “anticipate,” “could,” “would,”
“intend,” “target,” “project,” “contemplate,” “believe,”
“estimate,” “predict,” “potential” or “continue” or the negative of
these terms or other comparable terminology that concern Blend’s
expectations, strategy, plans or intentions. You should not put
undue reliance on any forward-looking statements. Forward-looking
statements should not be read as a guarantee of future performance
or results and will not necessarily be accurate indications of the
times at, or by which such performance or results will be achieved,
if at all. Further information on these risks and uncertainties are
set forth in our filings with the Securities and Exchange
Commission. All forward-looking statements in this press release
are based on information available to Blend and assumptions and
beliefs as of the date hereof. New risks and uncertainties emerge
from time to time, and it is not possible for us to predict all
risks and uncertainties that could have an impact on the
forward-looking statements contained in this press release. Except
as required by law, Blend does not undertake any obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future developments, or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231016362281/en/
press@blend.com
Blend Labs (NYSE:BLND)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Blend Labs (NYSE:BLND)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024