IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
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Retiring approximately $530 million of convertible notes through restructuring of existing convertible notes in exchange for $110 million of cash and $155 million of new debt Expected creation of approximately $265 million of pre-tax equity, excluding discounts on the debt Better has signed a new indenture for $155 million in new notes maturing December 31, 2028, with a 6% PIK annual interest rate Strategic rationale for transaction includes reducing debt overhang of the Company and improving balance sheet positioning and strategic optionality Management remains focused on driving towards profitability in the midterm. Continue leaning into Tinman™ technology and AI, with Betsy™ AI
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13G/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13G - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SCHEDULE 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
8-K - Better Home & Finance Holding Co (0001835856) (Filer)
SCHEDULE 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
10-K - Better Home & Finance Holding Co (0001835856) (Filer)
8-K - Better Home & Finance Holding Co (0001835856) (Filer)
SCHEDULE 13G/A - Better Home & Finance Holding Co (0001835856) (Subject)
8-K - Better Home & Finance Holding Co (0001835856) (Filer)
144 - Better Home & Finance Holding Co (0001835856) (Subject)
424B3 - Better Home & Finance Holding Co (0001835856) (Filer)
10-Q - Better Home & Finance Holding Co (0001835856) (Filer)
Retiring approximately $530 million of convertible notes through restructuring of existing convertible notes in exchange for $110 million of cash and $155 million of new debt Expected creation of approximately $265 million of pre-tax equity, excluding discounts on the debt Better has signed a new indenture for $155 million in new notes maturing December 31, 2028, with a 6% PIK annual interest rate Strategic rationale for transaction includes reducing debt overhang of the Company and improving balance sheet positioning and strategic optionality Management remains focused on driving towards profitability in the midterm. Continue leaning into Tinman™ technology and AI, with Betsy™ AI
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") intends to announce its first quarter 2025 results after market close on Monday, May 12, 2025. A conference call and webcast to discuss those results will be held the following morning on Tuesday, May 13, 2025, at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on May 13, 2025. *
Betsy AI Loan Agent doing over 115k customer interactions per month, potential to drive $2,000 in sales labor savings per fund Approximately 40% of Loan Files receiving Tinman AI underwriting review, potential to drive $1,400 in fulfillment savings per fund 2024 Funded Loan Volume of $3.6 billion, up 19% year-over-year, with D2C Loan Volume of $2.6 billion up 55% year-over-year, and Revenue of $108 million up 50% year-over-year Q4'24 Funded Loan Volume of $936 million, up 77% year-over-year driven by growth across all three main product categories, with HELOC and home equity loans growing 416% year-over-year Q4'24 Funded Loan Volume down 10% quarter-over-quarter given normal season
Diversifying its digital product suite, Better partners with mortgage brokers and lenders to scale home equity solutions Better Home & Finance Holding Company (NASDAQ:BETR) ("Better" or "Better.com" or "the Company"), the leading digital homeownership company, today announced record growth in its Home Equity Line of Credit (HELOC) and Home Equity Loan (HELOAN) business, scaling loan volume 400% from $15 million per month in January 2024 to $60 million per month by October 2024. This acceleration establishes Better as the fastest-growing digital home equity lender in the market. As traditional mortgage demand fluctuates, Better's suite of home equity products helps strategically diversify
The Better Forever program rewards loyal customers by waiving origination fees on future refinance or purchase loans funded through Better Mortgage. Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com") ("Better Mortgage") the leading digital homeownership company, today announced the launch of Better Forever, a loyalty initiative designed to reward customers with waived origination fees on future refinance or purchase loans. The launch of this program marks a new chapter in Better's mission to make homeownership easier and more affordable. Customers who funded a loan with Better Mortgage on or after January 1, 2019, are automatically enrolled, while those buying a new home
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) announces that its board of directors approved a $25 million share repurchase program. Better may repurchase shares of Class A common stock from time to time, at management's discretion, through open market purchases or privately negotiated transactions, including accelerated repurchase transactions, block trades or trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The timing and total amount of share repurchases will be based on ongoing evaluation of general market conditions, prevailing prices of the Class A common stock, Better's capital needs and other factors. The share
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better"), a leading digital homeownership company, today announced that senior management will be presenting and hosting meetings at the following investor conferences: ICR Conference Date: January 14, 2025 Location: Orlando, FL The Microcap Conference Date: January 29, 2025 Location: Atlantic City, NJ About Better Since 2017, Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) has leveraged its industry-leading technology platform, Tinman™, to fund more than $100 billion in mortgage volume. Tinman™ allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates and close their lo
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better"), a leading digital homeownership company, today announced that senior management will host meetings at the following investor conferences: UBS Global Technology and AI Conference Date: December 3 - 5, 2024 Location: Scottsdale, AZ Wolfe Research Small and Mid-Cap Conference Date: December 5, 2024 Location: Virtual Benchmark Discovery One-On-One Investor Conference Date: December 11, 2024 Location: New York, NY About Better Since 2017, Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) has leveraged its industry-leading technology platform, Tinman™, to fund more than $100 billion in mortgage volume. Tin
Q3 Funded Loan Volume of $1.035 billion, up 42% year-over-year and 8% quarter-over-quarter Launched Betsy™, the first voice-based AI loan assistant for the US Mortgage Industry, to enhance customer experience, improve loan-team efficiency, and further accelerate our end-to-end technology platform Tinman™ Plan to further diversify Better's distribution channels by leveraging Tinman to power local loan officers through ‘NEO Powered by Better' Expect Q4 Funded Loan Volume to be approximately in-line with Q3 given softer seasonality partially offset by continued growth initiatives Remain focused on managing towards profitability in the midterm. Expect to drive growth through techno
Better.com launches streamlined refinancing solution to empower eligible veterans and active-duty service members to reduce monthly payments Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the leading digital homeownership company, today announced the addition of VA Interest Rate Reduction Refinance Loan (VA IRRRL) to their suite of mortgage products. VA IRRRL is a streamlined refinancing solution designed specifically for eligible veterans, active-duty service members, and surviving spouses. This program, backed by the US Department of Veteran Affairs, allows borrowers to refinance their existing VA loans with no appraisal, asset or income verification requirements, an
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") intends to announce its first quarter 2025 results after market close on Monday, May 12, 2025. A conference call and webcast to discuss those results will be held the following morning on Tuesday, May 13, 2025, at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on May 13, 2025. *
Betsy AI Loan Agent doing over 115k customer interactions per month, potential to drive $2,000 in sales labor savings per fund Approximately 40% of Loan Files receiving Tinman AI underwriting review, potential to drive $1,400 in fulfillment savings per fund 2024 Funded Loan Volume of $3.6 billion, up 19% year-over-year, with D2C Loan Volume of $2.6 billion up 55% year-over-year, and Revenue of $108 million up 50% year-over-year Q4'24 Funded Loan Volume of $936 million, up 77% year-over-year driven by growth across all three main product categories, with HELOC and home equity loans growing 416% year-over-year Q4'24 Funded Loan Volume down 10% quarter-over-quarter given normal season
Q3 Funded Loan Volume of $1.035 billion, up 42% year-over-year and 8% quarter-over-quarter Launched Betsy™, the first voice-based AI loan assistant for the US Mortgage Industry, to enhance customer experience, improve loan-team efficiency, and further accelerate our end-to-end technology platform Tinman™ Plan to further diversify Better's distribution channels by leveraging Tinman to power local loan officers through ‘NEO Powered by Better' Expect Q4 Funded Loan Volume to be approximately in-line with Q3 given softer seasonality partially offset by continued growth initiatives Remain focused on managing towards profitability in the midterm. Expect to drive growth through techno
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company") intends to announce its third quarter 2024 financial results prior to the market opening on Wednesday, November 13, 2024. A conference call and webcast to discuss those results will be held on the same day at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to start time. A replay will be available on the Company's investor relations website shortly after the call ends on November 13, 2024. * Web
Strong quarter with Funded Loan Volume up 45%, Revenue up 41%, and Total Expenses flat in Q2'24 as compared to Q1'24 Continue leaning into growth opportunities and expect Q3'24 Funded Loan Volume of over $1 billion Positive early indications from investments in AI within the Tinman platform geared towards loan team productivity and customer experience Focused on managing towards profitability while growing through improved technology efficiency and corporate cost reductions to offset increased growth expenses Effecting a 1-for-50 Reverse Stock Split on Friday, August 16th Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company"), a New York-bas
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company") intends to announce its second quarter 2024 financial results prior to the market opening on Thursday, August 8, 2024. A conference call and webcast to discuss those results will be held on the same day at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to start time. A replay will be available on the Company's investor relations website shortly after the call ends on August 8, 2024. * Webcast
Strong quarter with Funded Loan Volume up 25% and Revenue up 26% in Q1'24 as compared to Q4'23 Maintaining conviction in large addressable market and favorable consumer trends towards digitization and price transparency Continued leaning into growth opportunities and expect Q2'24 Funded Loan Volume above $800 million Continued strategic investments in Better's leading proprietary technology platform, Tinman™, to improve mortgage fulfillment efficiency Focused on managing towards profitability while growing through improved technology efficiency and corporate cost reductions to offset increased growth expenses Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Bet
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company") intends to announce its first quarter 2024 financial results prior to the market opening on Tuesday, May 14, 2024. A conference call and webcast to discuss those results will be held on the same day at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to start time. A replay will be available on the Company's investor relations website shortly after the call ends on May 14, 2024. * Webcast Detai
Reporting first annual financial results as a public company, after closing business combination in August 2023, which unlocked approximately $565 million of capital Maintaining conviction in large addressable market and favorable consumer trends towards digitization and price transparency Continued strategic investments in Better's leading proprietary technology platform, Tinman, to improve mortgage fulfillment efficiency Continued launching innovative products to improve customer experience, including One Day Mortgage, One Day HELOC and digital VA loans Continued execution of cost reduction initiatives Leaning into growth in a more favorable macro environment in 2024, whil
Better Home & Finance Holding Company (NASDAQ:BETR) intends to announce its fourth quarter and full year 2023 financial results prior to the market opening on Thursday, March 28, 2024. A conference call and webcast to discuss those results will be held on the same day at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to start time. A replay will be available on the investor relations website shortly after the call ends on March 28, 2024. * Webcast Details * Event Title: Better