The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better’s future “lies in Uberizing the loan officer.” Continue reading
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9 million Q1 net loss. Continue reading
San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago. Continue reading
In addition to $15 million in direct costs, loanDepot says it lost an additional $22 million in revenue while systems were down, contributing to $72 million net loss. Continue reading
Former operations head Sarah Pierce, who had accused Better CEO Vishal Garg of providing misleading information to investors in leadup to SPAC, faced $2.76 million judgment in countersuit. Continue reading
The sales proceeds of $15 million will strengthen the company’s financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances. Continue reading
The sales proceeds of $15 million will strengthen the company’s financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances. Continue reading
The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading
The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading