Better.com

Notable changes in executive compensation at public IMBs heavily relied on stock awards received that year.

The company is positioning its Tinman platform as a serious industry competitor and suggests it's eying product costs of around $1,500 per loan.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

The re-engineering of the convertible note arrangement between the two parties includes a one-time cash payment of $110 million by Better.

The lender says its technology will supercharge scale, preventing a potential hiring and firing spree which doomed it after the recent refinance boom.

Better touted the company's efficient operations, including an artificial intelligence voice assistant handling all of its inbound customer calls.

Better's voice assistant can help customers get answers to mortgage application inquiries, call them back if they abandon an application and ask them about the weather.

The publicly traded firm is also shoring up its sluggish stock and ramping up marketing efforts.

The digital lender increased its marketing spend in the first quarter of 2024, with the ultimate goal of "Uber-izing the loan officer."

The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors.