Blend (NYSE: BLND), a leader in cloud banking software, today announced the launch of Blend Income Verification, a new product for financial services firms that delivers instant income verification for mortgages and, soon, consumer loans and deposit account opening. The new tool acts as a single income verification provider across banking products and lending scenarios by combining multiple data sources and verification methods, enabling financial services firms to streamline credit risk assessments for all types of consumers. Over 25 customers, including one of the five largest banks in the U.S., American Federal Mortgage, Lennar Mortgage, and IBC Mortgage have already signed on for the product.
Blend Announces New Income Verification Product to Drive More Proactive and Equitable Banking Decisions
Oct 20, 2021
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