Through this relationship, any Blend mortgage where a borrower successfully connects to their financial institution in the application process is eligible for automatic assessment of assets through AIM. This functionality is available for all Blend customers who are Freddie Mac-approved sellers.
“We’re honored that Freddie Mac chose Blend as an early partner to support AIM for assets,” says Brian Martin, head of business development and partnerships at Blend, in a release. “These relationships underscore our commitment to working with industry leaders to rethink the mortgage process and streamline the entire home purchase journey for lenders and consumers.”
“Providing Freddie Mac clients with tools that create a faster, more meaningful experience for all parties involved in the mortgage transaction is key to their business success,” says Rick Lang, vice president, Loan Advisor integration strategy for the single-family business at Freddie Mac. “Through our partnership with Blend, we are now able to provide our mutual clients access to our evolving suite of asset and income assessment offerings.”