The deal with the blank-check firm, or so-called SPAC, values Better at $7.7 billion.
Better is backed by the Japanese conglomerate SoftBank, while Aurora is sponsored by the investment firm Novator Capital.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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Startup mortgage lender Better.com has revealed that it is going public through a merger with the special purpose acquisition corporation Aurora Acquisition Corp. So reports TechCrunch.
The deal with the blank-check firm, or so-called SPAC, values Better at $7.7 billion.
Better is backed by the Japanese conglomerate SoftBank, while Aurora is sponsored by the investment firm Novator Capital.