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> says he was fired on August 3 just as he brought the company to the precipice of success. > Today, with an imploded refi business and rates closing in on 7%,
by nemomarx 2mo ago
> says he was fired on August 3 just as he brought the company to the precipice of success.
> Today, with an imploded refi business and rates closing in on 7%, the AI mortgage company’s market value stands at just $300 million.
Forgive the snipping here, but is the company actually turning around or on the brink of success now? Is there any sign the firings helped them 8 months later?
- jerlam 2mo agoThe 900 person layoffs were in 2021.
- Billybrain 2mo agoThe entire refinancing industry collapsed, its a miracle they didn't file for bankruptcy - they are not totally out of the woods but they do have a great product and great growth.