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Mortgage

2019 HW Tech100 winner: Blend

Streamlining the mortgage process

F1

Blend is using technology to streamline the mortgage process to create a pleasant experience for lenders and borrowers.

The company expanded its industry reach in 2018 with first-of-their-kind partnerships with home builder Lennar, to help bring much needed technology to new home financing, and Fannie Mae. Key additions to the company’s digital lending platform include Blend Intelligence, a predictive engine that leverages F1artificial intelligence and machine learning to further streamline the mortgage application process, and Blend Vision. Blend Vision is a form of computer visioning that plays a vital role in combating the large amounts of paper used to complete a mortgage application, and brings more actions to the digital space.

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DOJ sues Rocket, appraisal companies over alleged discrimination 

Another regulator has sued Rocket Mortgage for allegedly discriminating against a Black homeowner by undervaluing her home during an appraisal in Colorado three years ago. And the Detroit-based lender believes it’s a “massive overreach.”  On Monday, the U.S. Department of Justice—following a move made by the U.S. Department of Housing and Urban Development (HUD) in […]

3d rendering of a row of luxury townhouses along a street

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