Tag Archives: Aurora Acquisition Corp.

Better shares plunge more than 90% in Nasdaq debut

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In addition to going public at a bad time for mortgage lenders, Barron’s reports that a SPAC merger resulted in a huge increase in the number of shares outstanding. Continue reading →

Better lets Amazon workers put up stock as mortgage collateral

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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 →