Digital mortgage lender boosted second quarter loan production by 45 percent and says it’s on track to originate more than $1 billion in mortgages in Q3 for the first time in two years, but losses continue to mount. Continue reading
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
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
Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies. Continue reading
Digital mortgage startup Better.com has pledged to hire Google Career Certificate graduates by 2024 as part of the company’s aggressive growth strategy. Continue reading