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 navigate a challenging market, executives say.
Source: Inman News
After downsizing, Better says it has cash to weather $340M Q3 net loss
Published in Better, Better Attorney Match, Better Cover, Better Home & Finance Holding Company, Better Inspect, better mortgage, Better Real Estate, Better Settlement Services, better.com, earnings, Industry News, Kevin Ryan, layoffs, Mortgage, mortgage refinancing, spac merger and Vishal Garg
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