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PHH Mortgage expands partnership with Blend Labs

Lender and servicer PHH Mortgage, a subsidiary of Onity Group, is expanding its partnership with Blend Labs, the company announced on Monday.

The expanded partnership includes PHH Mortgage utilizing more of Blend’s technology platform, which already powers its mortgage lending operations, to now include Rapid Refi and Rapid Home Equity.

“Many homeowners today are still paying elevated mortgage rates or sitting on untapped home equity,” Colin Friday, senior vice president of consumer lending at PHH Mortgage, said in a statement. “As interest rates shift, many of these borrowers are actively exploring ways to improve their financial details ⇒

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