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Autopilot adoption accelerates at Blend Labs, Inc. as new loan types and features roll out
Blend Labs, Inc. has broadened the reach of its Autopilot digital lending platform over the past two weeks, adding support for Rapid Refi and Rapid Home Equity loans as well as integrating guidelines for VA and FHA loans.
The company reports that verified income processes now avoid duplicate document requests, and that pre-underwriting can begin even before a loan officer is assigned. These updates are part of what Blend Labs, Inc. calls 'week 11,' focused on solidifying the new launches and ensuring operational impact across its lending services.
Blend Labs, Inc. previously launched Blend Autopilot to automate background tasks in mortgage processing and reduce manual workflows, according to its earlier announcement. The company also introduced a borrower chat feature, giving applicants direct access to loan agents with its Week 7 update, as reported in a prior release. These developments precede the latest expansion of lending platform capabilities.
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