Mortgage tech provider Blend pulls back on hiring, eyes Title365 layoffs

A sharp decline in mortgage refinancing prompts Blend to pull back “very hard” on hiring and reconsider the “right number of people” needed in the title insurance segment. Continue reading

Ally now offers mortgages powered by Better in 46 states

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

Better, brawls and Zillow’s misfire: Brad Inman says it’s just the start

Anger is one reaction to shattered expectations, but you can’t pick a fight with an unforgiving market. These days, everyone’s fighting their own fears, Inman Publisher Brad Inman writes. Continue reading

‘I blundered’: Better CEO apologizes to workers after layoffs go viral

Better CEO Vishal Garg has apologized to the mortgage company’s staff, saying he failed to show adequate respect for the 900 former employees who were let go last week. Continue reading

Better CEO under fire after Zoom call layoffs go viral on TikTok

The online mortgage company is facing scrutiny from former employees and on social media, where a video of CEO Vishal Garg firing employees over Zoom drew thousands of reactions. Continue reading

Better lays off 900 employees, revamps terms of SPAC merger

Company says it will be better positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans. Continue reading

All gas, no brakes: Knock speeds into Detroit en route to 75 markets

As of Thursday, Knock’s Home Swap and Knock GO, its “same-as-cash” mortgage product, will be offered to consumers in the Detroit, Ann Arbor and Flint through its network of partner agents. Continue reading

Knock focused on winning agents’ trust

In case they’re not getting the message, Knock’s booth at Inman Connect Las Vegas sported a banner that read, “In Agents We Trust.” Continue reading

Agents schooled on alternative financing, lending and mortgages

Real estate agents attending Inman Connect Las Vegas got tips on partnering with lenders and alternative financing providers to land more clients and overcome obstacles. Continue reading