Blend and Covered Educate Banks on Protecting Closings in a High-Premium Market

Blend, a leading digital origination platform for banks, credit unions, and mortgage lenders, announced a new webinar for bank, credit union, and mortgage lender executives on February 26, 2026, on “The Insurance Gap: Protecting Margins and Closings in a High-Premium Market.”

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According to the Federal Reserve, a borrower’s delinquency risk rises by 20% for every $500 increase in annual costs. With homeowner insurance premiums on the rise, that’s a threat to financial institutions’ revenue and operating costs. Many lenders already are mired in manual Evidence of Insurance (EOI) activity, and increased insurance premiums have an outsized impact on lending teams’ productivity and effectiveness.

To address these issues, Blend and Covered, an insurance solutions provider, are offering a joint webinar focusing on best practices and real-world examples, led by cross-industry experts. Speakers include Ryan Lantz, Director of Strategic Partnerships for Covered, Sue Woodard, Senior Advisor for STRATMOR, and Charles Pardee, Product Manager, IMB, for Blend.

Lenders and other attendees will learn:

• Why 80% of loan officers need new tools to help customers find affordable coverage.
• How to use competitive insurance quoting to lower monthly obligations and prevent late-stage loan fallout.
• Strategies for automating EOI visibility for processing and closing teams.
• Ways to offer a reliable insurance resource for team members who lack established local agency ties.