A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to…
Posts published in “Better”
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled “mortgage-as-a-service” platform…
The mortgage lender said $100 million in retention bonuses were distributed to employees in April, as promised, including $50 million from Better co-founder and CEO…
State Employees Credit Union of Maryland is the third lender to sign with Newzip, which helps lenders court homebuyers by offering them discounts when they…
The lender has become more reliant on its B2B channel, with partnerships alongside companies like Ally Bank and American Express accounting for nearly half of…
While other companies are shedding their mortgage arms, Zillow’s seeing potential and doubling down on Zillow Home Loans. Source: Inman News
Better’s market share has shrunk by more than 70 percent in the last year as it focuses on making more profitable loans, with partners like…
In addition to going public at a bad time for mortgage lenders, Barron’s reports that a SPAC merger resulted in a huge increase in the…
Following six merger adjustments over two years, Better will go public Thursday with $565 million in new funding and plans to “aggressively” partner with agents…
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before…