VC-backed Roam seeks to connect buyers to assumable mortgages
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
by Matt Carter Sep 13
As losses mount, Blend looks beyond mortgage for future growth
San Francisco-based cloud banking software provider has trimmed the company's payroll by nearly 800 employees and cut annual expenses by $72M
by Matt Carter Mar 16
Mortgage tech provider Blend pulls back on hiring, eyes Title365 layoffs
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"
by Matt Carter Apr 1
Blender with Blend logo on it
The San Francisco-based startup unveiled new digital HELOC and HELOAN products for banks and lenders, aiming to reduce the time it takes for consumers to squeeze their properties for cash
Blend names former Fannie Mae chief executive as first president
At Fannie Mae, Timothy Mayopoulos helped resuscitate the government-sponsored entity after the 2008 housing crisis