Blend, a leading provider of cloud banking services, today announced that Nations Lending Corporation has selected Blendโs Mortgage Suite to streamline the mortgage origination process and build a consistent, cost-optimized lending platform.
โWe had a point-of-sale solution before, but we were looking at building this holistic digital platform that is much more consistent from front to back,โ said Andrew Moore, vice president of software engineering at Nations Lending. โIf youโre asking a borrower to create three different accounts during the process, from lead to closing to funding, thatโs incredibly painful.โ
Nations Lendingโs adoption of Blendโs mortgage productsโcurrently Loan Officer Toolkit, disclosures, and homeownerโs insurance shopping experience, with income verification and Blend Close to comeโhas helped enable the lender to place four employees on the Scotsman Guideโs 2023 list of top mortgage originators. Nations Lending has also been recognized for helping to expand access to homeownership through incorporating positive rental history with Blend technology.
โWe are gratified to see that Blend products have made an appreciable impact on results for Nations Lendingโs loan officers,โ said Gaurav Nagla, head of mortgage product at Blend. โThrough our platform model we can continue to deliver innovative technology that does not rely on a lenderโs internal capacityโfreeing up resources to spend more time building a great customer experience.โ
โA lot of the industry is approaching the current downturn as โletโs batten down the hatches and weather the storm,โ but at Nations weโre looking at this differently,โ said Moore. โWeโre focusing on making sure the money we spend is valuable and has a return, and we feel like weโre getting that with Blend.โ
About Blend
Blend is the infrastructure powering the future of banking. Financial providersโ from large banks, fintechs, and credit unions to community and independent mortgage banksโuse Blendโs platform to transform banking experiences for their customers. Blend powers billions of dollars in financial transactions every day. To learn more, visit blend.com.
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