Blend Close News Today

Winnie Ling: Good afternoon, and welcome to Blends Second Quarter 2023 Earnings Conference Call. My name is Winnie Ling, and Im Head of Legal for the company.

Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures.

Imagine my surprise at finding tag (like on the playground) is an organized sport. Imagine my surprise at finding two gas stations at the same intersection yesterday in Truckee, California with two different prices for unleaded! Rather than wait for the CFPB to tell me that I could save money by going to the cheapest station, as it did by paying for a study on how different lenders have different mortgage prices, I actually reasoned, all by myself, that I could, and did, buy the least expensive ...

President Timothy Mayopoulos, Head of Finance Marc Greenberg and Head of Legal Crystal Summer resigned amid a round of cuts impacting about 340 workers.

"This move requires the very difficult but necessary decision to say goodbye to many talented people"

BLND earnings call for the period ending June 30, 2022.

Mortgage tech provider and title insurer maintains full-year guidance, citing growing customer base and adoption rates.

Blend Labs reported a $73.5 million loss in Q1, but remains optimistic about the performance of its mortgage banking and title sectors.

Truliant Federal Credit Union is one financial institution eager to expand online notarization. For customers, it's more about convenience than social distancing.

Even during the $8 trillion mortgage boom, mortgage tech company Blend lost money. What happens now that the mortgage industry is in decline?