- CrossCountry Mortgage and Blend have strengthened their partnership to enhance digital loan origination solutions for independent mortgage banks.
- The collaboration introduces branch-level configurations, increased disclosure functionality, and improvements in hybrid closings.
- Blend's platform processed nearly $1.2 trillion in loan applications in 2024, supporting 18 of the top 50 U.S. mortgage originators.
CrossCountry Mortgage and Blend (BLND, Financial) have announced an expanded partnership focused on advancing digital loan origination solutions for independent mortgage banks (IMBs). This strategic collaboration aims to modernize the home lending process while ensuring compliance with industry regulations.
Key enhancements include branch-level configurations that allow for workflow and branding customization across CrossCountry's 7,000 employees and more than 700 branches. The partnership also introduces streamlined Loan Estimate disclosure generation and enhanced digital paperwork processing with improved eSign capabilities.
This initiative is further marked by Blend's establishment of a dedicated IMB business unit, spearheaded by mortgage industry veteran Justin Venhousen. With these advancements, the collaboration seeks to optimize the operations of IMBs by offering technology-driven solutions that address specific operational challenges.
Blend's (BLND, Financial) platform demonstrated considerable market penetration, processing nearly $1.2 trillion in loan applications in 2024. It serves a considerable client base, including 18 of the top 50 mortgage originators and 7 of the top 10 home equity lenders in the United States. These tailored solutions are expected to set a new standard in the home lending process, offering faster and more efficient services to borrowers nationwide.
