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
EMJ Capital’s founder posted a thesis on X that Better Home & Finance is “the Shopify of mortgages” with the potential for AI to boost capacity and fuel explosive growth. Continue reading
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
“Better Forever” incentive is not offered on HELOCs, nor to borrowers who apply through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet. Continue reading
“Better Forever” incentive is not offered on HELOCs, nor to borrowers who apply through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet. Continue reading
“Better Forever” incentive is not offered on HELOCs, nor to borrowers who apply through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet. Continue reading
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
The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better’s future “lies in Uberizing the loan officer.” Continue reading
Former operations head Sarah Pierce, who had accused Better CEO Vishal Garg of providing misleading information to investors in leadup to SPAC, faced $2.76 million judgment in countersuit. Continue reading