Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled “mortgage-as-a-service” platform with Infosys. Continue reading
Available in Arizona, Oregon and Illinois at launch, Better Insurance will expand into Oklahoma, Tennessee and Wisconsin in the next four weeks. The goal is to be in all 50 states in a year. Continue reading
Better’s market share has shrunk by more than 70 percent in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42 percent of its mortgage business. 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
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
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
Better describes the Tinman Marketplace as “the next evolution of Better’s proprietary loan platform,” powered by Palantir’s Foundry operating system. Continue reading
Documents filed Monday with the U.S. Securities and Exchange Commission shed new light on just how bad the past 18 months have been for Better. Continue reading
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
Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading