Back in growth mode, Better is hiring again but still in the red in Q1
The lender boosted mortgage volume 25% from Q4 but suffered a $51M loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future 'lies in Uberizing the loan officer'
by Matt Carter May 15
Better hiring real estate agents to originate mortgages in 26 states
As Better reports $543M 2023 net loss, CEO Vishal Garg says the company has made fundamental changes to its business model that will help it pivot to serving homebuyers
by Matt Carter Mar 28
Better Mortgage expands offerings to include VA loans in all 50 states
Veterans and active duty servicemembers can use the company's Tinman platform to see their rates and get pre-approved in minutes and may qualify to buy a home with no down payment
by Matt Carter Feb 15
MyCUmortgage signed 13 credit unions as new clients in 2023
With the addition of new partners serving 713,865 members, myCUmortgage says it's now helping nearly 200 credit unions originate, underwrite and service mortgage loans
by Matt Carter Jan 9
Better partners with Infosys to power mortgages for other lenders
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled 'mortgage-as-a-service' platform with Infosys
by Matt Carter Nov 10
In a first, Rocket Mortgage powers mortgages for a community bank
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
by Matt Carter Jan 31
Lower signs Opendoor as first mortgage platform customer
Lower's 'mortgage as a service' platform lets brands offer digital-first mortgages through application programming interface and no-code solutions
by Matt Carter Jan 17
DFCU Financial to offer mortgages to buyers on Florida's Gulf Coast
Michigan-based credit union expands into Florida by closing merger with Tampa-based First Citrus Bank. Full product and service integration is expected by mid-2023
by Matt Carter Jan 3
Credit unions, banks flock to Black Knight's Empower mortgage LOS
IThink Financial, the 8th credit union to sign up for Empower since December, will use the mortgage loan origination system to provide home loans to more than 100,000 members
by Matt Carter Sep 13
Rocket Mortgage wants the world to know it's in Canada
Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans
by Matt Carter Jul 13