Tech enables instant mortgage payments with a debit card

Payment processing technology developed by REPAY is now available to loan servicers through ICE Mortgage Technology’s Servicing Digital solution, a customer engagement and retention tool. Continue reading

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

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 shares plunge more than 90% in Nasdaq debut

In addition to going public at a bad time for mortgage lenders, Barron’s reports that a SPAC merger resulted in a huge increase in the number of shares outstanding. Continue reading

Better 1 step closer to long-delayed IPO with approval of SPAC merger

Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August. Continue reading

Doma sells off more title operations in Texas and Midwest

Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May. Continue reading

Better shed nearly 60% of employees and posted $304M loss in 2021. But IPO still in cards, SEC filings show

Documents filed Monday with the U.S. Securities and Exchange Commission shed new light on just how bad the past 18 months have been for Better. Continue reading