Through Better’s Equity Unlocker program, borrowers pay a higher interest rate and Better can seize pledged shares if homeowners default or try to sell their stock before paying off their mortgages. Continue reading
Better still searches for options to remain a private company as the deadline to become a publicly traded company was pushed to March 8, according to a filing with the U.S. Securities and Exchange Commission. Continue reading
Better describes the Tinman Marketplace as “the next evolution of Better’s proprietary loan platform,” powered by Palantir’s Foundry operating system. Continue reading
Documents filed Monday with the U.S. Securities and Exchange Commission shed new light on just how bad the past 18 months have been for Better. Continue reading
Ally announced a strategic partnership with Better in 2019 in which Better sells, processes, underwrites, and closes Ally’s digital mortgage offerings, while Ally retains control of marketing, advertising and loan pricing. Hawaii, Nevada, New Hampshire… Continue reading
Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading
Real estate tech disruptors are investing billions to build integrated brokerage and mortgage experiences. Some have more resources than others, but all have the same scaling bottlenecks. And in the end, the biggest disruptors — and who is most at risk… Continue reading
The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading
Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading
The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading