Blend Labs, Inc. (NYSE: BLND) and Doma Technology, LLC have announced an expanded partnership to integrate Doma’s AI-powered instant title decisioning capabilities into Blend’s home lending platform. This collaboration enables lenders utilizing Blend’s Mortgage and Rapid Home Lending solutions to access instant title decisions via Doma’s Upfront Title, directly embedded within the borrower application flow. The objective of this integration is to establish a fully digital, end-to-end title and closing process, aiming to reduce time to close and improve the overall borrower experience.
The expansion addresses the increasing demand for solutions that enhance the speed and efficiency of home lending, while also providing potential cost savings for borrowers. By making title decisions available early in the process, lenders can identify potential issues sooner, which can lead to faster approvals, reduced loan fallouts, and decreased manual workload. Additionally, the Upfront Title configuration is designed to allow lenders to apply title insurance rates that can save borrowers between 40% and 70% compared to traditional rates.
“Blend is recognized for its digital lending experiences, and we are looking forward to deepening our partnership,” stated Max Simkoff, founder and CEO of Doma. “This strategic investment allows us to further explore how technology can remove friction from the mortgage closing process. We anticipate rapidly expanding the delivery of Upfront Title through Blend’s platform, extending our patented, instant title decisioning to more lenders across the country, while delivering substantial cost savings to borrowers.”
This expanded partnership follows Blend’s recent definitive agreement to sell its title insurance business. The move highlights Blend’s strategic shift towards providing software-driven title solutions through collaborations with third-party providers, rather than directly operating these services. “This partnership with Doma strengthens our core focus: delivering innovative, software-driven solutions that create tangible value for our customers,” said Nima Ghamsari, co-founder and Head of Blend. “By leveraging our platform’s scale and collaborating with leading technology providers like Doma, we can streamline complex workflows such as title and enable our lender partners to operate more efficiently, reduce costs, and offer a more transparent and modern experience to their borrowers.”
During an initial implementation of the Upfront Title solution for Mr. Cooper, a Blend customer, Doma contributed to an overall loan cycle time reduction of three days. This also resulted in several hundred dollars in title fee savings for borrower customers per closed loan. “The Upfront Title solution from Doma and Blend demonstrated through reduced cycle time and increased affordability to our customers that it is a superior solution in the market for achieving our strategic goals,” commented Jeff Puckett, SVP and head of mortgage origination at Mr. Cooper.
Upfront Title is currently available to all Blend customers that have a relationship with Doma, and it is in use by lenders including Mr. Cooper and a top 5 U.S. bank. Further enhancements to the integration are planned for the second half of 2025, which are expected to broaden its functionality and value.
Blend Labs, Inc. (NYSE: BLND) is a digital origination platform serving banks, credit unions, and mortgage lenders. The company’s platform helps financial institutions streamline workflows, accelerate product launches, and deliver customer experiences across various financial products, from mortgages and consumer loans to deposit accounts. In 2024, Blend’s platform facilitated $1.2 trillion in loan applications.
Doma Technology, LLC is focused on real estate transactions through AI-driven instant title risk management solutions. Following Doma’s take-private transaction in September 2024, the company is concentrated on delivering its patented instant underwriting platform through technology platform partnerships and direct integration with Government Sponsored Enterprises.
