Better's losses shrink as AI boosts 2024 loan volume, revenue
CEO Vishal Garg is optimistic about the future after cutting mortgage lender's annual net loss by 61%, to $206M, growing loan production by 19%, to $3.6B, and revenue by 50%, to $108M
by Matt Carter Mar 19
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
Better cuts mortgage sales team 2 weeks after $500M SPAC raise
The lender has become more reliant on its B2B channel, with partnerships alongside companies like Ally Bank and American Express accounting for nearly half of its mortgage originations
by Matt Carter Sep 25