Better Home & Finance Holding Company Stock Price, News & Analysis

Better (NASDAQ: BETR) on October 21, 2025 launched a Wholesale HELOC and Closed End Second (CES) lending platform powered by Tinman® AI, offering a single digital application for variable and fixed loans sized $50,000–$500,000. The platform combines an AI underwriting engine with human underwriting handoffs, aims for faster approvals and pricing flexibility, and supports 12- and 24-month bank-statement approvals for small business owners.

Better cited prior originations of $1B+ in HELOCs and $110B+ in mortgages and said it signed 10 mortgage broker partners. One Day HELOC eligible borrowers can close in as little as one day with funding in about five days.

Better.com (NASDAQ: BETR) announced a partnership with Finance of America to deliver HELOCs and HELOANs through Better.com’s Tinman® AI Platform, expanding Finance of America’s home equity product suite for homeowners 55+. Finance of America, which funded over $25 billion in reverse mortgage loans in the last decade, will use Tinman® to originate home equity lines and loans without building new systems. The platform offers a 24/7 digital application, voice assistant Betsy™, and capability to close and fund products in just a few days. Finance of America will also act as Better’s origination partner for reverse mortgages, including HECM and HomeSafe™ options.

Finance of America (NYSE: FOA) announced a strategic partnership with Better.com (NASDAQ: BETR) on October 14, 2025 to offer HELOCs and HELOANs through Better’s Tinman AI platform.

The collaboration adds HELOC and HELOAN products to FOA’s home equity suite for homeowners 55+, enabling 24/7 AI-driven digital applications, faster funding timelines, dynamic pricing, machine-learning underwriting for second-lien originations, and a voice-based AI loan assistant. FOA will also originate reverse mortgages for Better as part of an aim to integrate first- and second-lien solutions into one AI-powered ecosystem.

NEO Home Loans (NYSE:BETR) announced that mortgage veteran Jim Juergens joined as Branch Leader, Distributed Retail on October 7, 2025. Juergens closed $43 million in production and 91 loans last year and will operate from the northwest Dallas–Fort Worth area. The move aligns Juergens with NEO’s model emphasizing full P&L transparency, entrepreneurial freedom, and an advisory approach to mortgage lending. His role focuses on expanding NEO’s Texas presence and mentoring loan advisors to prioritize long-term client value.

PennyMac Financial Services (NYSE: PFSI) announced executive leadership changes effective October 2025: Kevin Ryan joins as Senior Managing Director, Chief Strategy Officer on October 13, 2025; Marshall Sebring is promoted to Senior Managing Director, Chief Investment Officer; and Shiva Iyer is promoted to Senior Managing Director, Chief Enterprise Risk Officer.

The moves emphasize strategic oversight, enterprise investment and risk management. The release notes Ryan led a 2.5-year SPAC listing that closed in August 2023 and highlights Sebring and Iyer's prior experience in MBS investing, hedging, audit, and risk functions.

Better (NASDAQ: BETR) announced that Leah Price, vice president of the Tinman® AI Platform, was named one of Mortgage Banker’s Most Powerful Women in Mortgage Banking 2025. Price was recognized for leading the Tinman AI Platform, driving AI-driven efficiencies that reduce costs, accelerate loan closings, and broaden access to mortgage technology for lenders and brokers.

Her background includes leadership roles at the FHFA, where she led the Office of Financial Technology and organized the first federal TechSprint on Generative AI, and work at Fannie Mae and Figure Technologies. Better highlighted her role in advancing responsible AI and partner solutions.

Better.com (NASDAQ: BETR) has launched an innovative AI-driven Bank Statement HELOC program targeting the 36.2 million self-employed Americans and small business owners who traditionally struggle with HELOC approvals. The new program accepts bank statements instead of traditional W2s or tax returns for income verification.

Powered by Better's Tinman® AI platform, the program can provide instant underwriting decisions using 12 or 24 months of personal or business bank statements. The company reported that its HELOC customers consolidated $193 million in high-interest debt in Q2 2025, achieving average monthly savings of $1,120. Better's HELOC business has grown 150% year-over-year, with HELOCs averaging around 8% interest compared to credit card rates of 27%.

The program streamlines approvals for loans up to $400,000 without requiring physical appraisals, potentially capturing an additional $600 million in previously denied applications.

NEO Home Loans powered by Better (NYSE:BETR) has announced the addition of experienced brokers Daryn Fillis and Erik Gascho to their team. The brokers chose NEO over traditional broker models, citing advantages such as true pricing transparency, expanded loan options including Non-QM products, operational control with technology support, and a collaborative partnership model.

Both brokers emphasized that NEO delivers on promises often made but unfulfilled in the traditional broker channel, particularly regarding client service flexibility and business growth support. According to Ryan Grant, President of NEO Home Loans powered by Better, the company aims to provide advisors with both independence and resources to scale their businesses without compromise.

Better.com (NASDAQ: BETR) reported significant growth in its Home Equity Line of Credit (HELOC) business, with home equity products growing 166% year-over-year. The company's AI-native platform has helped customers pay off over $193 million in debt, with average monthly HELOC and HELOAN originations reaching $80 million in Q2 2025, representing 38% growth since Q1 2025.

Through Better's One Day HELOC™ and Tinman® AI platform, nearly 50% of customers used HELOC funds for debt consolidation, achieving average monthly savings of $1,120. Borrowers improved their credit scores by an average of 37 points. The company is now processing over $1 billion in annualized originations, with the platform delivering fully underwritten approvals within 24 hours.