Blend Labs Faces Challenges Amid Lower Mortgage Rates

Monday, Dec 22, 2025 9:16 pm ET1min read
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Blend Labs' shares have dropped 40% from their 2024 highs due to declining revenue per funded loan, attributed to lower renewal rates for its loan origination software. The company is betting on lower mortgage rates to drive growth.

Blend Labs Faces Challenges Amid Lower Mortgage Rates

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