A takeaway from Blend Labs’ latest earnings is that, although it’s growing consumer banking broadly, the mortgage operations are the biggest investment theme in the short term, Keefe, Bruyette & Woods said. “The company’s expansion into consumer banking adds a new growth vector that should be synergistic with Blend’s mortgage client roster and positions the […]
Blend ‘turns corner’ and reduces GAAP losses in 2Q25 Read More »
The Trump administration is preparing to sell shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to a senior administration official. The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their
Fannie, Freddie $30 billion IPO being weighed for this year Read More »
Union Home Mortgage is accusing a Georgia-based married couple of thwarting their noncompete agreement by taking confidential client information to her new employer. According to the complaint, Nathan Duce and Rachel Duce, who previously worked at UHM as a branch manager and loan officer respectively, took customer information from the Ohio-based lender and used it
Union Home Mortgage sues couple for trade secret theft Read More »