According to some experts in the mortgage industry, Blend Labs is at risk of getting delisted from the NYSE. The company’s stock has been slumping below $1 for more than a month, which is one of the main criteria for delisting. If the company is delisted, it will be a blow to its prestige and could hinder its ability to raise money in the future.
You can read this full article at: https://www.housingwire.com/articles/troubled-blend-at-risk-of-getting-delisted-from-nyse/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.