Investors bid up mortgage lender’s share price by 21 percent as company says deal with investor investor SB Northstar LP will improve its balance sheet and better position it for growth and a return to profitability. Continue reading
CEO Vishal Garg is optimistic about the future after cutting annual net loss by 61 percent, to $206 million, and growing loan production by 19 percent and revenue by 50 percent. Continue reading
The lender has become more reliant on its B2B channel, with partnerships alongside companies like Ally Bank and American Express accounting for nearly half of its mortgage originations. Continue reading
New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers. Continue reading
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