: The tool is an authorized report supplier for both Fannie Mae’s Desktop Underwriter (DU) and Freddie Mac’s Asset and Income Modeler (AIM) .
: Beyond traditional W-2 employees, the service uses AI to verify income for the roughly 57 million U.S. gig workers by analyzing bank deposit history and direct connections to gig platforms like Uber or Instacart. Accelerated Timelines : 55% of reports are completed in under 24 hours. 87% of reports are finalized within 72 hours. Blend rolls out income verification service for...
: While initially focused on mortgages, the service is now a core part of Blend’s Cloud Banking Platform , extending to home equity, deposits, and personal loans. Benefits for Lenders and Borrowers : The tool is an authorized report supplier
Blend Expands Income Verification Service for Modern Lenders extending to home equity