Latest news with #BestofFinance
Yahoo
25-06-2025
- Business
- Yahoo
Longbridge Financial CEO Chris Mayer Earns Third Consecutive Inman Best of Finance Award
Award highlights Chris' continued leadership in reshaping home equity access and retirement security for older homeowners PARAMUS, N.J., June 25, 2025--(BUSINESS WIRE)--Longbridge Financial, LLC, a leading national lender and servicer specializing in home equity solutions for older Americans, today announced that CEO Christopher Mayer, PhD, has been named to Inman's 2025 Best of Finance list for the third consecutive year. The annual award recognizes the top executives, advisors, and entrepreneurs who are transforming the residential lending and real estate finance sectors. Under Mayer's leadership, Longbridge launched a series of new proprietary products like Platinum Peak and Platinum Preserve™ that continue to expand solutions for responsible access to home equity for older homeowners. Mayer recently shared on stage at Housingwire's The Gathering that Longbridge is partnering with Figure Technology Solutions to launch an all-new product called HELOC For Seniors™, the first HELOC product designed specifically to meet the needs of older homeowners. "It's truly an honor to be recognized by Inman again, but this award really belongs to the entire team at Longbridge," Mayer said. "Every day, our people work hard to develop thoughtful solutions that make a real difference in the lives of older American homeowners. I'm proud to share this recognition with them and excited about what we're building together." Dr. Mayer, an economist and emeritus professor at Columbia Business School, has led Longbridge's growth from a startup in 2013 to the nation's second largest reverse mortgage lender and the largest wholesale lender. Today, Longbridge's portfolio includes Home Equity Conversion Mortgages (HECMs) and its proprietary Platinum suite of products. Longbridge's continued investment in new products comes at a time when rising costs and mortgage debt later in life have made financial flexibility a growing need for older homeowners. A 2023 study by the Joint Center for Housing Studies of Harvard University reveals that more than 7 million homeowners aged 65 and older spend over 30% of their income on housing costs, often stretching fixed retirement budgets. "By designing responsible lending products around the real financial lives of older homeowners, we aim to give people more choice and dignity as they age," Mayer said. The full list of Inman's 2025 Best of Finance honorees is available at About Longbridge Financial, LLC Longbridge Financial (NMLS #957935) is a nationally recognized financial services company dedicated to helping older homeowners and retirees unlock the power of their home equity through flexible, responsible solutions tailored to support long-term financial well-being. Founded in 2012 and led by a respected Ivy League professor, Longbridge Financial combines deep industry expertise with a commitment to education, innovation, and transparency. The company is driven by a mission to empower aging Americans with the tools and insights they need to make confident financial decisions in retirement. Known for its exceptional customer service, competitive pricing, and professional integrity, Longbridge Financial is helping redefine what financial security can look like for today's retirees. For more information about Longbridge Financial or interview requests, please visit View source version on Contacts Trevor ChapmanPublic RelationsPR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Longbridge Financial CEO Chris Mayer Earns Third Consecutive Inman Best of Finance Award
Award highlights Chris' continued leadership in reshaping home equity access and retirement security for older homeowners PARAMUS, N.J., June 25, 2025--(BUSINESS WIRE)--Longbridge Financial, LLC, a leading national lender and servicer specializing in home equity solutions for older Americans, today announced that CEO Christopher Mayer, PhD, has been named to Inman's 2025 Best of Finance list for the third consecutive year. The annual award recognizes the top executives, advisors, and entrepreneurs who are transforming the residential lending and real estate finance sectors. Under Mayer's leadership, Longbridge launched a series of new proprietary products like Platinum Peak and Platinum Preserve™ that continue to expand solutions for responsible access to home equity for older homeowners. Mayer recently shared on stage at Housingwire's The Gathering that Longbridge is partnering with Figure Technology Solutions to launch an all-new product called HELOC For Seniors™, the first HELOC product designed specifically to meet the needs of older homeowners. "It's truly an honor to be recognized by Inman again, but this award really belongs to the entire team at Longbridge," Mayer said. "Every day, our people work hard to develop thoughtful solutions that make a real difference in the lives of older American homeowners. I'm proud to share this recognition with them and excited about what we're building together." Dr. Mayer, an economist and emeritus professor at Columbia Business School, has led Longbridge's growth from a startup in 2013 to the nation's second largest reverse mortgage lender and the largest wholesale lender. Today, Longbridge's portfolio includes Home Equity Conversion Mortgages (HECMs) and its proprietary Platinum suite of products. Longbridge's continued investment in new products comes at a time when rising costs and mortgage debt later in life have made financial flexibility a growing need for older homeowners. A 2023 study by the Joint Center for Housing Studies of Harvard University reveals that more than 7 million homeowners aged 65 and older spend over 30% of their income on housing costs, often stretching fixed retirement budgets. "By designing responsible lending products around the real financial lives of older homeowners, we aim to give people more choice and dignity as they age," Mayer said. The full list of Inman's 2025 Best of Finance honorees is available at About Longbridge Financial, LLC Longbridge Financial (NMLS #957935) is a nationally recognized financial services company dedicated to helping older homeowners and retirees unlock the power of their home equity through flexible, responsible solutions tailored to support long-term financial well-being. Founded in 2012 and led by a respected Ivy League professor, Longbridge Financial combines deep industry expertise with a commitment to education, innovation, and transparency. The company is driven by a mission to empower aging Americans with the tools and insights they need to make confident financial decisions in retirement. Known for its exceptional customer service, competitive pricing, and professional integrity, Longbridge Financial is helping redefine what financial security can look like for today's retirees. For more information about Longbridge Financial or interview requests, please visit View source version on Contacts Trevor ChapmanPublic RelationsPR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Better CEO Vishal Garg Receives Inman's 2025 Best of Finance Award
The AI-mortgage lender's founder and CEO was recognized for the second consecutive year as one of real estate's best and brightest in the mortgage and finance space NEW YORK, June 24, 2025--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR), the AI-powered digital home ownership company, today announced that Founder & Chief Executive Officer Vishal Garg has been named one of Inman's 2025 Best of Finance awardees for the second consecutive year. Awardees are handpicked by Inman's editorial team, and meant to "honor those pushing the envelope and reshaping the homebuying space." The Best of Finance Awards are meant to celebrate the achievements and successes of the real estate community's best and brightest, according to the publication. For Garg, this recognition highlights his mission to build a more efficient, transparent, and customer-centric homebuying ecosystem. "Buying a home should feel like a milestone, not a minefield," said Garg. "Since founding Better, many aspects of the business have evolved, but my singular mission to fix a broken system has remained steady. Each day, we continue to build on our cheaper, faster, and easier homebuying experience to help families across the country achieve their homeownership dreams. I'm honored to receive this award, which highlights the impact that innovation makes possible." Over the past year, Better has achieved an array of successes with Garg at the helm, including the launch of Betsy™, the world's first voice-based AI loan assistant, built exclusively for the mortgage industry. Betsy™ helps customers through their homebuying journey 24/7/365; making home loans effortless by harnessing advanced generative AI to streamline mortgage applications. In addition, Better introduced the Better Forever program, which rewards loyal customers by waiving origination fees on future refinance or purchase loans funded through Better. The company also launched its NEO Home Loans division, which enables customers to work with local mortgage professionals and their realtor partners, and scaled the business to a $2.5 billion run rate on originations in the first six months post launch. Beyond Inman, Better's commitment to excellence has garnered myriad accolades. In 2025, Better won the Banking Tech Awards' Best LendTech Solution and Fintech Breakthrough's Digital Mortgage Innovation Award. The AI lender was previously named the Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ. Garg's numerous honors have included winning E&Y Entrepreneur of the Year, Housing Wire's Most Influential Mortgage Executive, and the Golden Pegleg Award for Outstanding Alumni from Stuyvesant High School. The full list of 2025 Inman Best of Finance Award winners can be found here. For more information about Better, please visit About Better Home & Finance Holding Company Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) is the first AI-powered mortgage lender and first fintech to fund more than $100 billion in mortgage volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman™, to achieve a singular mission of making homeownership cheaper, faster, and easier for Americans. Tinman™ allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first voice-based AI loan assistant built exclusively for the mortgage industry, revolutionizes the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better's mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. In January 2023, Better launched "One Day Mortgage," allowing eligible customers to go from click to Commitment Letter within 24 hours. Better won the 2025 Fintech Breakthrough Awards for Digital Mortgage Innovation, the 2025 Banking Tech Award for Digital Mortgage Innovation, and was named Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ in 2023, ranked #1 on LinkedIn's Top Startups List for 2021 and 2020, #1 on Fortune's Best Small and Medium Workplaces in New York, #15 on CNBC's Disruptor 50 2020 list, and was listed on Forbes FinTech 50 for 2020. Better serves customers in all 50 US states and the United Kingdom. For more information, follow @betterdotcom on Instagram and TikTok. View source version on Contacts MediaNneka Etonirubetter@
Business Wire
24-06-2025
- Business
- Business Wire
Better CEO Vishal Garg Receives Inman's 2025 Best of Finance Award
NEW YORK--(BUSINESS WIRE)-- Better Home & Finance Holding Company (NASDAQ: BETR), the AI-powered digital home ownership company, today announced that Founder & Chief Executive Officer Vishal Garg has been named one of Inman's 2025 Best of Finance awardees for the second consecutive year. Awardees are handpicked by Inman's editorial team, and meant to 'honor those pushing the envelope and reshaping the homebuying space.' The Best of Finance Awards are meant to celebrate the achievements and successes of the real estate community's best and brightest, according to the publication. For Garg, this recognition highlights his mission to build a more efficient, transparent, and customer-centric homebuying ecosystem. 'Buying a home should feel like a milestone, not a minefield,' said Garg. 'Since founding Better, many aspects of the business have evolved, but my singular mission to fix a broken system has remained steady. Each day, we continue to build on our cheaper, faster, and easier homebuying experience to help families across the country achieve their homeownership dreams. I'm honored to receive this award, which highlights the impact that innovation makes possible.' Over the past year, Better has achieved an array of successes with Garg at the helm, including the launch of Betsy™, the world's first voice-based AI loan assistant, built exclusively for the mortgage industry. Betsy™ helps customers through their homebuying journey 24/7/365; making home loans effortless by harnessing advanced generative AI to streamline mortgage applications. In addition, Better introduced the Better Forever program, which rewards loyal customers by waiving origination fees on future refinance or purchase loans funded through Better. The company also launched its NEO Home Loans division, which enables customers to work with local mortgage professionals and their realtor partners, and scaled the business to a $2.5 billion run rate on originations in the first six months post launch. Beyond Inman, Better's commitment to excellence has garnered myriad accolades. In 2025, Better won the Banking Tech Awards' Best LendTech Solution and Fintech Breakthrough's Digital Mortgage Innovation Award. The AI lender was previously named the Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ. Garg's numerous honors have included winning E&Y Entrepreneur of the Year, Housing Wire's Most Influential Mortgage Executive, and the Golden Pegleg Award for Outstanding Alumni from Stuyvesant High School. The full list of 2025 Inman Best of Finance Award winners can be found here. For more information about Better, please visit About Better Home & Finance Holding Company Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) is the first AI-powered mortgage lender and first fintech to fund more than $100 billion in mortgage volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman™, to achieve a singular mission of making homeownership cheaper, faster, and easier for Americans. Tinman™ allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first voice-based AI loan assistant built exclusively for the mortgage industry, revolutionizes the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better's mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. In January 2023, Better launched "One Day Mortgage,' allowing eligible customers to go from click to Commitment Letter within 24 hours. Better won the 2025 Fintech Breakthrough Awards for Digital Mortgage Innovation, the 2025 Banking Tech Award for Digital Mortgage Innovation, and was named Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ in 2023, ranked #1 on LinkedIn's Top Startups List for 2021 and 2020, #1 on Fortune's Best Small and Medium Workplaces in New York, #15 on CNBC's Disruptor 50 2020 list, and was listed on Forbes FinTech 50 for 2020. Better serves customers in all 50 US states and the United Kingdom. For more information, follow @betterdotcom on Instagram and TikTok.
