blend

As cumulative losses climb toward $1B, co-founder Nima Ghamsari still plans to lead a 'once-in-a-lifetime industry transformation' powered by the mortgage tech and title insurance provider

The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others

While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn

Blend's net loss for the quarter — up 167% from a year ago — came despite a 124% year-over-year increase in revenue, to $71.5M, according to an earnings call on Thursday

Shares in Blend touched a new all-time low after the company issued 2022 revenue guidance that co-founder and CEO Nima Ghamsari acknowledged as "much lower than consensus estimates"

This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy

The cloud banking software developer raises revenue guidance as it signs new clients, launches new products and integrates Title365 acquisition

Snapdocs has raised $150 million in a series D funding round. The platform now touches nearly 20 percent of U.S. real estate transactions

The startup, which is aimed at digitizing the transaction process, plans to go public through a blank check merger with Capitol Investment Corp. V

The venture capital firm built a 'consortium' of 48 limited partners to provide guidance and give startups access to more companies