Investors bid up mortgage lender’s share price by 21 percent as company says deal with investor investor SB Northstar LP will improve its balance sheet and better position it for growth and a return to profitability.
Source: Inman News
Shares in Better get a boost from $534M debt restructuring
Published in AI, AI platform, Ally Financial Inc., Better, Better Home & Finance, Better Home & Finance Company, better.com, detroit, Industry News, long-term value creation, Mortgage, NEO Home Loans, new york, One Day Mortgage, san diego, SB Northstar LP, Select, the new york times, venture capital and Vishal Garg
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