Tag Archives: Better

NAR settlement may disrupt mortgage partner agent programs

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If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents? Continue reading →

Better Mortgage expands offerings to include VA loans in all 50 states

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Borrowers can use the company’s Tinman platform to see their rates and get pre-approved in minutes, and may qualify to buy with no down payment. Continue reading →

With agent as consultant, proptech can unlock more transactions

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Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them. Continue reading →

MyCUmortgage signed 13 credit unions as new clients in 2023

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With the addition of new partners serving 713,865 members, myCUmortgage says it’s now helping nearly 200 credit unions originate, underwrite and service conventional and government-backed home loans. Continue reading →

Automating verifications lets loanDepot OK loans in minutes

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After months of beta testing, the melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance. Continue reading →

Lone Wolf invites mortgage lenders onto its broker-agent tech platform

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Better is the first lender to take advantage of the opportunity to generate prequalification letters for homebuyers through integration with Lone Wolf’s transaction management solution, Transactions. Continue reading →

Ally Financial partners with HouseCanary to grow mortgage

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Co-branded ComeHome solution on Ally’s website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs. Continue reading →

After downsizing, Better says it has cash to weather $340M Q3 net loss

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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 →

Better partners with Infosys to power mortgages for other lenders

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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 →

Better executives stand to collect up to $17M in ‘DeSPAC’ bonuses

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The mortgage lender said $100 million in retention bonuses were distributed to employees in April, as promised, including $50 million from Better co-founder and CEO Vishal Garg’s personal equity. Continue reading →