A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to navigate a challenging market, executives say. Continue reading
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
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
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
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
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division. Continue reading
New whistleblower lawsuit claims Vishal Garg made misstatements ‘all aimed at duping investors and shareholders’ amid quest to bring Better public. Continue reading
With more real estate brokerages doing business as “one-stop shops” — providing mortgage, title and closing services — not only consumers, but agents are faced with a choice: What’s the best model for me? Continue reading
Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading