Better Mortgage seizes the day on Wall Street with $75M raise

The goal is to maximize two new partnerships and quadruple Better’s monthly mortgage originations to $2 billion. The raise follows a bullish endorsement by activist Opendoor investor Eric Jackson. Continue reading

Better’s losses shrink as AI boosts 2024 loan volume, revenue

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

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

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

Better cuts mortgage sales team 2 weeks after $500M SPAC raise

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