Blend Labs Q1 Loss Soars by 167% as Rising Rates Curb Refis
Mortgage tech provider and title insurer maintains full-year guidance, citing growing customer base and adoption rates.
Source: inman.com
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Mortgage tech provider and title insurer maintains full-year guidance, citing growing customer base and adoption rates.
BLND earnings call for the period ending March 31, 2022.
BLND earnings call for the period ending December 31, 2021.
Following steep quarterly and annual losses, executives were optimistic that new revenue estimates are achievable in a rising interest rate environment, especially as customers transition to the Blend Title platform from Title365.