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Blend Labs Further Expands Mortgage Customer Base After Nations Lending Chooses Blend's Mortgage Suite To Streamline Originations
Monday, June 12, 2023 - 8:08am | 684Read More...Last week, cloud banking platform Blend Labs, Inc. (NYSE: BLND), announced that its mortgage suite was chosen to streamline the mortgage origination process for Nations Lending Corporation. One of the fastest-growing mortgage lenders in the U.S., Nations Lending has achieved triple-digit revenue...
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Composable Tech Is Growing At An Estimated 50.4% Annually — This Fintech Is Aiming To Capture More Of That Market With Its New Composable Origination Tech
Wednesday, May 10, 2023 - 7:57am | 637Read More...In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows...
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Banks Risk Losing Deposits In The Great Wealth Transfer As Millennials Flock To Digital Financial Services – Blend Is Helping Them Get Younger Customers Back
Monday, April 24, 2023 - 8:26am | 703Read More...The largest wealth transfer in history is currently underway as an estimated $30 trillion is expected to transfer from Baby Boomers to their Gen X and Millennial heirs by 2048. Considering that fewer than half of younger generations use the same bank as their parents, that wealth transfer will mean...
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Half Of Consumers Wish Banks Were More Proactive About Delivering Relevant Advice and Products—Blend Says Its Cloud Banking Software Makes That Possible
Tuesday, January 24, 2023 - 9:15am | 793Read More...Amid the highest inflation since 1981, consumers across the United States are not only struggling to keep up with their savings goals, many are falling deeper into debt to cover the rising cost of living. One study by LendingTree last year found that 43% of Americans were likely to resort to credit...
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Homeowners Gained $60,200 In Equity On Average This Year — Blend's New Digitized Home Equity Lending Software Will Make Accessing That Easier Than Ever
Tuesday, October 11, 2022 - 8:24am | 882Read More...Home equity in the United States hit record levels this year, exceeding $29 trillion in the second quarter, according to the Federal Reserve. That represents a gain of nearly 28% in equity year over year, with the average homeowner gaining about $60,200 in equity. But sky-high inflation and a...
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Fintech Focus For July 19, 2021
Sunday, July 18, 2021 - 9:46pm | 1592Read More...Quote To Start The Day: “The greatest glory in living lies not in never failing, but in rising every time we fail.” Source: Nelson Mandela One Big Thing In Fintech: “Just recently, we hit a low in realized volatility.” “The market has had essentially no movement and...
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Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Read More...Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
