Blend Labs (BLND) said Monday that a 10th lender has signed on to Blend Autopilot, its AI platform for home lending.
The platform now works on more than 3,500 new loans weekly, equivalent to nearly 200,000 annually, it said.
Blend added that early production results showed 10% to 15% higher loan pull-through rates and processing times shortened by two to four days.
Autopilot also automates an average of 4.5 hours of fulfillment work per loan, it said.
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