A $565M influx of cash from an August SPAC merger and a $1B reduction in annual expenses puts Better on a footing to navigate a challenging market, executives say on first earnings call
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
Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform
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
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
The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division
New whistleblower lawsuit claims Vishal Garg made a series of puzzling declarations, including misstatements to SEC 'aimed at duping investors and shareholders' amid quest to go public
As more real estate brokerages provide mortgage, title and closing services, it's not only consumers who are faced with a choice, but also agents
Rocket Cos., the parent company of the nation's biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary