Available in Arizona, Oregon and Illinois at launch, Better Insurance will expand into Oklahoma, Tennessee and Wisconsin in the next 4 weeks. The goal is to be in all 50 states in a year
While other companies are shedding their mortgage arms, Zillow's seeing potential and doubling down on Zillow Home Loans
Better's market share has shrunk by more than 70% in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42% of business
The mortgage lender says it remains committed to distributing equity-based bonuses to all eligible employees, including $50M from CEO and founder Vishal Garg's personal equity
Through Better's Equity Unlocker program, borrowers pay a higher interest rate and Better can seize pledged shares if owners default or try to sell their stock before paying off their mortgages
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
Better still searches for options to remain a private company as the deadline to become a publicly traded company was pushed to March 8, according to a filing with the SEC
Better describes the Tinman Marketplace as 'the next evolution of Better's proprietary loan platform,' powered by Palantir’s Foundry operating system
Proptech investors discussed venture capital after a period of heavy interest from Wall Street in a Connect panel, 'Are companies still prioritizing tech and innovation or is it back to basics?'
Mortgage upstart Better's plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles
New documents filed Monday with the US Securities and Exchange Commission shed new light on just how bad the past 18 months have been for the online mortgage lender
Hawaii, Nevada, New Hampshire and New York are the final states to check off in order for Ally to realize its goal of providing digital mortgages nationwide
Severance pay arrives early. Work computers shut down. Former Better employees describe how they found out they were let go Tuesday
Layoffs had been anticipated and numbered in the thousands. Workers reported receiving no advanced notice that they were laid off.
With expansion into Massachusetts, Hawaii and New Hampshire, Better says its mortgage services now reach '99% of the U.S. market'