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. Continue reading
The mortgage lender says it remains committed to distributing equity-based bonuses to all eligible employees, including $50M from CEO and founder Vishal Garg’s personal equity. Continue reading
Better’s real estate brokerage subsidiary has largely flown under the radar, but that’s about to change as it integrates Better Real Estate and its other businesses onto a single platform. Continue reading
The parent company of Better Mortgage is going public through a merger with a blank-check firm, raising $778 million it can use to grow not only its mortgage business but also its real estate brokerage and title insurance businesses. Continue reading