Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
Estimated reading time: 0 minutes, 27 seconds
Online real-estate startup Better.com has indicated in regulatory filings that its plan to go public via an arrangement called a SPAC has been losing steam. So reports The Daily Beast.
One new filing cited formal talks to find an alternative capital source for Better that would allow it to “remain a private company.”
Better, which burst to prominence in 2021 after founder-CEO Vishal Garg laid off hundreds of workers during a mass video call, reportedly conducted a fresh round of layoffs recently.
