The mortgage lender said $100M in retention bonuses were distributed to employees in April, as promised, including $50M from Better co-founder and CEO Vishal Garg's personal equity
by Matt Carter Oct 4
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
by Matt Carter Sep 13
In addition to going public at a bad time for mortgage lenders, Barron's reports that SPAC merger resulted in a huge increase in the number of shares outstanding
by Matt Carter Aug 24
Following 2 years of challenges, Better will go public Thursday with $565M in new funding and plans to 'aggressively' partner with agents as it builds its mortgage production team
by Matt Carter Aug 23
Round led by existing investor Aquiline Technology Growth will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution
by Matt Carter Aug 10
Shares in digital title and closing provider climb above $5, and the company will be back in the exchange's good graces if its share price remains above $1 for the next 30 trading days
by Matt Carter Jun 30
The company intends to sell 'substantially all of its assets,' including its technology platform to pay creditors that include thousands of retail investors
by Matt Carter Jun 28
Christian Faes' Los Angeles-based Faes & Co will back F2 Finance and other tech-enabled direct lenders that cater to US residential real estate investors who buy, rehab and flip homes
by Matt Carter May 31
Fathom Holdings will pay at least 8% interest on a convertible note company executives say will provide more flexibility as they seek 'cash flow profitability' by Q3
by Matt Carter Apr 14
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
by Matt Carter Feb 10
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
by Matt Carter Feb 9
Founder and former CEO in public spat with board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender's board of directors
by Matt Carter Feb 8
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
by Matt Carter Feb 1
Company handles planning, on-site project management and funding of construction projects, collects payments and fees on back end at closing and sells only through agents and brokerages
by Craig C. Rowe Jan 30
Tune in to this week's latest classes to stay ahead of the competition with Inman Access
by Claire Buzzanca Jan 19
Mortgage data analytics provider that's pioneering attorney title opinion letters expanded digital asset capabilities in September with $101M Blue Water acquisition
by Matt Carter Dec 28