Tag Archives: better.com

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 →

After setbacks, Better goes public with plan to scale ‘greater heights’

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Following six merger adjustments over two years, Better will go public Thursday with $565 million in new funding and plans to “aggressively” partner with agents as it builds its mortgage production team. Continue reading →

Better 1 step closer to long-delayed IPO with approval of SPAC merger

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Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August. Continue reading →

Better.com lays off in-house real estate agents nationwide

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Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

Better.com laid off employees who were on parental leave: lawsuit

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Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. More than a dozen others impacted, lawsuit says. Continue reading →

Vishal Garg opens up about the rise and fall of Better.com

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“To be absolutely blunt, I’d never managed more than 10 people in my life.” Better CEO talks to Insider after months out of the spotlight while the company struggled through market downturn. Continue reading →

The deadline to take Better.com public has been extended again

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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 →

SEC is investigating Better as Barclays, Citigroup resign as deal advisers

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Mortgage upstart Better’s plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles. Continue reading →

Better hires new head of sales and VP of marketing

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The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions. Continue reading →