Mortgage tech firm Blend Labs has launched its first AI-powered chat tool, which it says will allow loan officers to be more efficient and offer a far more personalized touch for prospective borrowers.

The AI-powered assistant ‘Copilot’ executes precise tasks and assists borrowers in giving timely answers to borrower questions on behalf of loan originators, Nima Ghamsari, Blend’s co-founder and CEO, said in an interview with HousingWire on Friday. 

In addition to a chat feature that Ghamsari said a lot of lenders are using via SMS or messaging, Blend connects details ⇒

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