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Better Home & Finance pany(BETR) - 2024 Q1 - Quarterly Results
2024-05-13 20:35
• 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 whil ...
Better Home & Finance pany(BETR) - 2023 Q4 - Annual Report
2024-04-08 11:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-40143 ________________________________________ Better Home & Finance Holding Company ___________ ...
Better Home & Finance pany(BETR) - 2023 Q4 - Earnings Call Transcript
2024-03-28 16:27
Better Home & Finance Holding Company (NASDAQ:BETR) Q4 2023 Results Conference Call March 28, 2024 8:30 AM ET Company Participants Hana Khosla - VP, Corporate Finance & IR Vishal Garg - Founder, CEO Kevin Ryan - President, CFO Conference Call Participants Ryan Tomasello - KBW Michael Kaye - Wells Fargo Jeff Cantwell - Seaport Research Pete Heckmann - D.A. Davidson Reggie Smith - JPMorgan Operator Good morning. My name is Christa, and I will be your conference operator today. At this time, I would like to we ...
Better Home & Finance pany(BETR) - 2023 Q4 - Annual Results
2024-03-28 12:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Class A common stock, par value $0.0001 per share BETR The Nasdaq Stock Market LLC CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Better Home & Finance Holding Company (Exact name of registrant as specified in its charter) 3 World Trade Center 175 Greenwich Street, 57th Floor New York, NY 10007 (Address of principal executive offices) (Zip Code) (415) 523-8837 Registrant's telephone number, includi ...
Better Mortgage Launches One Day HELOC™: Offers Fast Solution to Home Equity Access for Customers
Businesswire· 2024-03-18 13:00
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR), a leading digital homeownership company, today announced the launch of One Day HELOC (Home Equity Line of Credit) which will provide approval* decisions to consumers within 24 hours of locking their rate. Speed matters when it comes to customers accessing funds from their home equity — especially as they look to renovate their properties, consolidate debt, or fund a major expense. One-Day HELOC will offer the speed and conve ...
Cherry Hill Mortgage Investment: One Preferred Is Better Than The Other
Seeking Alpha· 2024-03-12 11:04
Andrii YalanskyiCherry Hill Mortgage Investment Corporation (CHMI) is an mREIT that earns income through the investment of mortgages. Like its peers, the company utilizes leverage (borrowing) to invest in and earn income from its assets. Since I last wrote about Cherry Hill two years ago, the restrictive rate regime put into place by the Federal Reserve has created a challenging environment for the company, but I believe that income investors can earn a great return with an investment in Cherry Hill’s B ...
Better Home & Finance Holding Company to Announce Fourth Quarter and Full Year 2023 Results on March 28, 2024
Businesswire· 2024-02-23 21:30
NEW YORK--(BUSINESS WIRE)--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. Ple ...
Better Launches Fully Digital VA Loans Powered by Tinman to Improve the Homebuying Experience for US Veterans
Businesswire· 2024-02-15 14:00
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR), a leading digital homeownership company, today launches Better Mortgage VA Loans, a fully digital VA loan program available to eligible US Veterans, service members, National Guard and Reserve members, and in some cases Veterans spouses are able to qualify in all 50 states. This offering allows qualified Veterans to secure a home loan for up to 100% of their purchase price with no down payment requirement, improving the homeown ...
Better Home & Finance Holding Company Announces New Date for 2024 Annual Meeting of Stockholders
Businesswire· 2024-02-05 21:15
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”), a New York-based digitally native homeownership company, today announced that the Company’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”), originally anticipated to be held on Thursday, May 16, 2024, is now expected to be held on Tuesday, June 4, 2024. The exact time and location of the 2024 Annual Meeting will be specified in the Company’s proxy statement for the 2024 Annual ...
Better Home & Finance pany(BETR) - 2023 Q3 - Quarterly Report
2023-11-13 16:00
For the three and nine months ended September 30, 2023 and 2022, the Company's restructuring and impairment expenses consists of the following: The Company has the following outstanding warehouse lines of credit: For the nine months ended September 30, 2023 and 2022, the weighted average interest rate for the warehouse lines of credit was 6.92% and 4.94%, respectively. The warehouse lines of credit contain certain restrictive covenants that require the Company to maintain certain minimum net worth, liquid a ...