Blend reduces losses, delivers revenues above target in Q1
Blend Labs shrunk its financial losses in Q1 amid efforts to cut costs, improve the mortgage business and grow the Blend Builder platform.
Source: housingwire.com
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Blend posts another big loss but promotes market share gains
Lenders used the firm's software in nearly a quarter of originations in the second half of last year, up from 14% over the same period in 2021.
Source: nationalmortgagenews.com
Blend Announces First Quarter 2023 Financial Results
First Quarter Results Exceed Guidance on Mortgage Origination Outperformance; Gross Margins and Operating Performance Improve ... | May 9, 2023
Source: marketscreener.com
Blend CEO on the firm's runway, vision and new priorities
Nima Ghamsari, CEO and co-founder of Blend, has shifted the priorities after focusing on "too many things" last year.
Source: housingwire.com
Inside Blend's high stakes transformation
Founder and CEO Nima Ghamsari is accelerating efforts to transform the company, but Blend's runway is shrinking. Founder and CEO Nima Ghamsari is accelerating efforts to transform the company, but Blend's runway is shrinking.
Source: housingwire.com