After downsizing, Better says it has cash to weather $340M Q3 net loss
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
by Matt Carter Nov 14
Better launches digital home insurance product with partners
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
by Matt Carter Nov 2
Better workers fear they won't see $100M in retention stock bonuses
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
by Matt Carter Apr 5
SEC is investigating Better as Barclays, Citigroup resign as deal advisers
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
by Taylor Anderson Jul 14
What do 'one-stop shop' brokerages offer agents?
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
by Matt Carter Oct 26
Better eyes real estate brokerage as next step in end-to-end platform
Better's real estate brokerage subsidiary has largely flown under the radar, but that's about to change as it seeks to become licensed in all 50 states
by Matt Carter Jul 21
Better is the latest mortgage company to go public
With $778M in IPO funding, the company also aims to grow its real estate brokerage and title insurance businesses
by Matt Carter May 11