Better Mortgage Corporation
Location
New York
Founded
2003-02-28
Website
Risk Signals
669 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Short-Term Business Credit Institutions, Except Agricultural), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Better Mortgage Corporation
Live alerts from global media, monitored by Business Radar
2023-12-08 (bloomberglaw.com)
Better Mortgage Stuck With Gag Order in Underwriters’ Wage Case
A district court order placing restrictions on Better Mortgage Corp.'s communications with underwriters during a class/collective action seeking overtime pay was upheld by the Ninth Circuit.
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2023-09-25 (nationalmortgageprofessional.com)
Layoffs At Better.com
A highly anticipated stock-market debut for Better.com in August slumped when its stock dropped 93% on the first trading day. Now beholden to shareholders, CEO Vishal Garg issued more layoffs earlier this month.
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2023-08-25 (yahoo.com)
Shares of Better.com — whose CEO fired 900 workers on a Zoom call — slumped 95% on their first day of trade
Better.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.
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2023-02-28 (nationalmortgageprofessional.com)
Homebuying Just Got Better For Some Amazon Workers
Amazon employees who want to buy a home but can’t afford a mortgage without selling some of their company stock now have a Better option. Better, the digital lender, on Tuesday announced a program available to Amazon employees called Equity Unlocker, which will allow them to use the equity they hold
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2022-11-09 (inman.com)
Better.com laid off employees on parental leave: Lawsuit
Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born.
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2022-08-26 (indiatimes.com)
Better.com To Conduct Fourth Round Of Layoffs
After already firing around 4,000 employees from December 2021 to April 2022, digital mortgage company Better.com in set to conduct fourth round of layoffs. In May 2022, the company had 'offered' its employees in India the 'option to leave'.
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2022-05-10 (fastcompany.com)
How Better.com and its CEO left laid-off workers out to dry
For former employees of the once high-flying mortgage startup, getting fired was only the beginning in a nightmare seemingly without end.
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2022-04-07 (techcrunch.com)
'We probably pissed away $200 million,' Better.com CEO told employees in layoffs meeting | TechCrunch
Vishal Garg admits he 'failed' on multiple fronts in leaked recording addressing significant staff cuts.
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2022-01-19 (cnn.com)
The CEO who fired 900 employees over Zoom is coming back | CNN Business
The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work.
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