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Tim Mayopoulos, former chief executive officer of Fannie Mae, is trying to help make applying for a mortgage as convenient as buying vitamins on Amazon. He’s president of Blend Labs Inc., which provides mortgage lenders with online platforms for making loans.

In a Jan. 30 interview with Christopher Maloney from Bloomberg News, he said that while Blend’s efforts may help speed up the pace at which borrowers can react to lower rates and refinance their home loans, the overall amount of refinancing activity that results may be similar to historical norms. His comments have been edited and condensed for clarity.

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