Better.com, the rare lender to post huge losses in 2021

Apr 27, 2022 |

Better.com CEO Vishal Garg Struggling to cope with the rising mortgage rate landscape, mortgage lender Better.com reported a loss of $303.8 million in 2021, a stark contrast to its profitable nonbank peers. According to an amended S-4 filed by its special purpose acquisition company Aurora Acquisition Corp. with the Securities and Exchange Commission (SEC) on Monday, the earnings […more]

Posted in: San Francisco

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