Mortgage tech company Blend incurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company’s runway and survivability. 

Nima Ghamsari, CEO and co-founder of Blend, acknowledged that the company was focused on “too many things” a year ago. But Blend is now focused on cutting costs, growing its mortgage business and its Blend Builder platform – which Ghamsari noted will be the future platform of mortgages and consumer banking products.

“All those too many things that didn’t directly help our mortgage customer base, or details ⇒

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