Brainstorm Reinvent 2018: Not Your Grandmother's MortgageI Fortune
594 views · Published 26 September 2018 · 18:01 · Indexed 30 September 2026
Channel: Fortune Magazine · 2018 · News & Politics
Applying for a mortgage no longer has to mean endless forms and stacks of papers, since many banks have moved the process to the cloud. Silicon Valley tech startup Blend is now working with over 70 lenders, representing more than a quarter of the U.S. mortgage market. Blend’s technology is helping to reimagine the mortgage process for both banks and the consumer. A look at how one bank, Wells Fargo, is using Blend’s technology to help the customer start earlier in the loan process and cut down on steps and time spent for both sides. Nima Ghamsari, Co-founder and CEO, Blend Mary Mack, Senior Executive Vice President and Head, Community Banking and Consumer Lending, Wells Fargo Moderator: Jen Wieczner, Fortune Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE Global Forum. Website: http://fortune.com/ Facebook: https://www.facebook.com/FortuneMagazine Twitter: https://twitter.com/FortuneMagazine Fortune Magazine is published by Time Inc.
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