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Stock impact report

Blend and Covered Educate Banks on Protecting Closings in a High-Premium Market

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Business Wire
Complimentary webinar outlines how lenders can help borrowers find affordable insurance coverage by mining existing financial institution data. SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced a new webinar for bank, credit union, and mortgage lender executives on February 26, 2026, on “The Insurance Gap: Protecting Margins and Closings in a High-Premium Market.”According to the Federal Reserve, a borrower’s delinquency risk rises by 20% for every $500 increase in annual costs. With homeowner insurance premiums on the rise, that’s a threat to financial institutions’ revenue and operating costs. Many lenders already are mired in manual Evidence of Insurance (EOI) activity, and increased insurance premiums have an outsized impact on lending teams’ productivity and effectiveness.To address these issues, Blend and Covered, an insurance solutions provider, are offering a joint webin Show less Read more
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