In addition to going public at a bad time for mortgage lenders, Barron's reports that SPAC merger resulted in a huge increase in the number of shares outstanding
Following 2 years of challenges, Better will go public Thursday with $565M in new funding and plans to 'aggressively' partner with agents as it builds its mortgage production team
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
Shares in digital title and closing provider climb above $5, and the company will be back in the exchange's good graces if its share price remains above $1 for the next 30 trading days
Pioneering iBuyer hopes to bring share price back above the New York Stock Exchange's $1 minimum threshold by converting every 15 shares of outstanding common stock into 1 share
The transaction will have a pre-money enterprise value of approximately $150M at closing, according to an announcement Tuesday. The deal is expected to close in the third quarter of 2023
Layoffs of 561 workers will generate $70M in annual costs savings, buying time for title insurer to adapt its 'instant underwriting' technology for purchase loans
The iBuyer earned about $41M in profit during the first 3 months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday
At Inman CEO Connect on Tuesday, First American Chief Innovation Officer Paul Hurst broke down what's going on with the stock market and why SPAC mergers are so popular
Non-fungible tokens are all the rage in the financial industry right now, and are making their way into real estate in new and surprising ways. Trendsetters shared a few ideas with Inman
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
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
The deadline for calling off Better's SPAC merger with Aurora Acquisition Corp. has been extended from Feb. 12 to Sept. 30, 2022
The year saw explosive rivalries, wild stock market performances and plenty of rage