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'
The San Francisco-based startup is helping lenders, title companies and iBuyers do due diligence on homeowner's associations, InspectHOA co-founder Anton Tonev told Inman
Fifth Wall had planned to raise up to $150M to create a SPAC focused on investing in the real estate industry. The company would have traded on the Nasdaq under the ticker FWAB
In a new SEC filing, the mortgage lender points to actions by CEO Vishal Garg as reasons that areas of company culture ‘require improvement.’ Steep losses are expected in Q4
Better employees reportedly 'leaving the company in droves' following the return of CEO Vishal Garg
The deadline for calling off Better's SPAC merger with Aurora Acquisition Corp. has been extended from Feb. 12 to Sept. 30, 2022
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
Opinion
Anger is one reaction to shattered expectations, but you can't pick a fight with an unforgiving market. These days, everyone's fighting their own fears, Inman Publisher Brad Inman writes
CFO Kevin Ryan will serve as interim CEO as the mortgage company continues to pursue SPAC merger. Read Vishal Garg's full letter to employees here.
Better CEO Vishal Garg has apologized to the mortgage company's staff, saying he failed to show adequate respect for the 900 former employees who were let go last week
The online mortgage company is facing scrutiny from former employees and on social media, where a video of CEO Vishal Garg firing employees over Zoom drew thousands of reactions
Company says it's positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans
At Inman Connect Las Vegas, Knock revealed a new slogan, 'In agents we trust'