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Its largest source of business is an integrated relationship with Ally Financial, by which Better sells, processes, underwrites and closes Ally's mortgages, while Ally retains control of marketing, advertising and loan pricing. [5] Better sells mortgages to approximately 30 secondary mortgage market investors, including Fannie Mae and Wells Fargo.
If you receive an official-looking letter from an out-of-state law firm asking you to fork over a hefty upfront fee to join a "mass joinder" lawsuit to force your mortgage lender to reduce your ...
Digital mortgage company Better.com has conducted its third mass layoff in less than five months, citing a declining mortgage market, according to an email to employees seen by TechCrunch.
Better was named Best Online Mortgage Lender for Robust Online Lending by Forbes in 2024, [18] and Best Mortgage Lender for Affordability by the Wall Street Journal in 2023, [19] and ranked #1 on LinkedIn’s Top Startups List for 2021, [20] and 2020 [21] #1 on Fortune’s Best Small and Medium Workplaces in New York, [22] #15 on CNBC’s ...
A multimillion-dollar scam by real estate agents and loan officers, in collusion with homebuyers, left mortgage lenders in the dust, authorities say. Two real estate agents and two mortgage loan ...
Mortgage fraud by borrowers from US Department of the Treasury [7]. Mortgage fraud may be perpetrated by one or more participants in a loan transaction, including the borrower; a loan officer who originates the mortgage; a real estate agent, appraiser, a title or escrow representative or attorney; or by multiple parties as in the example of the fraud ring described above.
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