Directors say several heavily promoted partnerships generated less than $50,000 each, raising questions about Better’s enterprise strategy and planned wholesale launch
Better Home & Finance’s boardroom fight with founder Vishal Garg has exposed a potentially more consequential problem for mortgage companies considering its technology: Some of Better’s highly promoted partnerships have produced little revenue.In a letter urging sharehol...
Texas version caps loans at $500,000, requires 680 credit scores, and excludes the company’s mortgage-payoff option
Knock has introduced its buy-before-you-sell bridge loan in Texas, giving lenders and loan originators another way to help equity-rich homeowners purchase their next property before selling their current residence.But the Texas version comes with substantially tighter eligib...
New Aiva Intelligence capability gives borrowers immediate feedback on uploaded documents, aiming to resolve problems before they become downstream conditions
The lender is adding customer-facing agents across originations and its $73 billion servicing portfolio, but has not disclosed which transactions will be automated or when deployment begins