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The new mortgage allows current and former workers of the e-retail giant to pledge company stock as collateral toward a down payment on a home.
On stage at the Inman Connect conference in January 2023, Garg announced the world’s first One Day Mortgage. [36] In February 2023, the company partnered with Amazon, and announced Equity Unlocker, a product that allows Amazon employees to use their company shares as collateral when purchasing a home, without having to liquidate their stock. [37]
In February 2014, Vishal Garg founded the company after he and his wife had a negative experience obtaining a mortgage to buy their first home. [7] In 2016, the company launched Better Mortgage and was approved to be a Fannie Mae seller/servicer. [8] In April 2019, the company partnered with Ally Financial to operate its mortgage platform. [9]
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Amazon warehouse workers outside the National Labor Relations Board. Some warehouse workers of Amazon, the largest American e-commerce retailer with 750,000 employees, have organized for workplace improvements in light of the company's scrutinized labor practices and stance against unions. Worker actions have included work stoppages and have ...
Workers at the Amazon facility in Garner, North Carolina are set to vote on whether to join a union from February 10 to February 15, according to a post on X by Carolina Amazonians United for ...
Amazon employees are up-in-arms over a recent note from CEO Andy Jassy alerting them to a change in policy about remote work. In a Sept. 16 letter, Jassy said that employees would be expected to ...
The Amazon Labor Union (ALU) is a labor union specifically for Amazon workers, created on April 20, 2021. [1] On April 1, 2022, the Amazon workers at a warehouse in Staten Island, JFK8, backed by the ALU became the first unionized Amazon workers recognized by the National Labor Relations Board. [2] In June 2024 the union became affiliated with ...