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 its mortgage originations.
Source: Inman News
Better cuts mortgage sales team 2 weeks after $500M SPAC raise
Published in Better, Industry News, layoffs, Mortgage, mortgage rates, One Day Mortgage, Tinman and Vishal Garg
More from BetterMore posts in Better »
- Is the ‘proptech winter’ ending? This is what investors are watching
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
More from Industry NewsMore posts in Industry News »
More from layoffsMore posts in layoffs »
- Heard of a K-shaped economy? You’re living in it now
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
- Side debuts profit-sharing program, lays off staff members
- Redfin lays off nearly 100 Redfin Concierge service employees
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from One Day MortgageMore posts in One Day Mortgage »
More from TinmanMore posts in Tinman »
More from Vishal GargMore posts in Vishal Garg »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
- Better waiving $995 origination fee for repeat mortgage customers
Be First to Comment