Blend Wins HousingWire Tech100 Mortgage Award for Sixth Consecutive Year

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SAN FRANCISCO--(BUSINESS WIRE)--Feb 5, 2025--

Blend (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that it has been named a 2025 HousingWire Tech100 Mortgage award winner. This marks the sixth-consecutive year Blend has received this prestigious honor, recognizing its continued innovation and significant results achieved by lenders using its mortgage lending technology.

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"I’m incredibly proud to be part of a team that’s so focused on building technology that delivers real, tangible value for our lenders – and for their customers,” said John Whipple, Product Manager at Blend. "This award from HousingWire is a testament to that dedication. We’re constantly innovating and pushing boundaries to simplify the loan process, making it faster, more efficient, and transparent for everyone involved.”

This year, HousingWire’s editorial team highlighted the measurable impact of Blend’s Mortgage Suite, citing an independent customer ROI study that found lenders using Blend achieved an average return of 10.67x their technology investment. Blend customers further saved $650 and eliminated 18.78 hours per loan while cutting 9.41 days from the loan cycle.

A Leader in Digital Origination

In 2024, Blend powered nearly $1.2 trillion in loan applications across hundreds of banks, credit unions, and independent mortgage banks (IMBs). According to 2023 HMDA data, 18 of the top 50 U.S. mortgage originators by loan volume rely on Blend. In addition, 7 of the top 10 home equity lenders use the Blend platform to improve the digital customer experience across their home equity products.

About Blend

Blend Labs Inc., (NYSE: BLND) is the leading origination platform for digital banking solutions. Financial providers— from large banks, fintechs, and credit unions to community and independent mortgage banks—use Blend’s platform to transform banking experiences for their customers. Better banking starts on Blend. To learn more, visit blend.com.

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CONTACT: Press Contact

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY SOFTWARE FINANCE FINTECH BANKING DIGITAL CASH MANAGEMENT/DIGITAL ASSETS

SOURCE: Blend

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PUB: 02/05/2025 12:00 PM/DISC: 02/05/2025 12:02 PM

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