Tag Archives: Better

Vishal Garg is back, with plan to save Better: The ‘One Day Mortgage’

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Comparing himself to Henry Ford and Elon Musk, CEO says he’s reconfigured Better’s assembly line to crank out mortgages in a single day. 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 →

Side carries out new round of layoffs amid slowing market

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The latest round of cuts comes after the company laid off 10 percent of its workforce in June. Side’s layoffs are among dozens of others in the housing industry this year. 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 →

Better HoldCo partners with Palantir on mortgage marketplace

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Better describes the Tinman Marketplace as “the next evolution of Better’s proprietary loan platform,” powered by Palantir’s Foundry operating system. Continue reading →

Ribbon slashes one-third of workforce to adjust to ‘new reality’

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After expanding into eight new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an “achievable path to profitability.” 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 →