Better Home & Finance Holding Company - BETR STOCK NEWS

Better Home & Finance Holding Company (NASDAQ: BETR) has announced it will release its second quarter 2024 financial results before the market opens on Thursday, August 8, 2024. The company will host a conference call and webcast to discuss these results on the same day at 8:30 a.m. ET.

Investors and interested parties can access the live webcast and conference call details through the company's investor relations website at investors.better.com. Participants are advised to join the webcast at least 10 minutes before the start time. A replay of the call will be available on the investor relations website shortly after the event concludes.

Better Home & Finance, a leader in digital homeownership, has announced that its CEO Vishal Garg was named one of Inman's 2024 Best of Finance awardees. Under Garg's leadership, Better has made significant strides, including becoming a publicly listed company and raising $565 million in new capital. The company has introduced innovative products such as Mortgage as a Service (MaaS) in partnership with Infosys, One Day HELOC™, and Better Insurance. Garg's recognition is attributed to his efforts in reshaping the mortgage and finance sector, making homeownership more accessible and efficient.

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) reported a strong Q1 2024, with revenues up 26% to $22 million and funded loan volume increasing by 25% to $661 million compared to Q4 2023. While facing a challenging purchase and refinance market, Better saw increased demand from homeowners tapping into home equity. The company ended Q1 2024 with $509 million in cash, though it reported a net loss of $51 million, consistent with Q4 2023. Total expenses decreased by 30% year-over-year. Better launched a new Home Equity Loan product and hired Chad Smith as President and COO of Better Mortgage

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) will announce its first quarter 2024 financial results on May 14, 2024. A conference call and webcast to discuss the results will be held at 8:30 a.m. ET. Details for registration and participation are available on the investor relations website. Join the webcast early and access the replay post-event.

Better Mortgage, under Better Home & Finance Holding Company (NASDAQ: BETR), launches Better Home Equity Loans, providing homeowners with access to up to 90% of their home equity at a fixed APR. The digital offering is available in 30 states currently, with plans to expand nationwide. This new product aims to offer predictability, flexibility, and stability to US homeowners looking for financial solutions tailored to their needs.

Better Home & Finance Holding Company (BETR) reports first annual financial results as a public company, highlighting revenue, net loss, funded loan volumes, and strategic investments. The company remains optimistic about the market potential, digitization trends, and cost efficiency measures, despite financial losses in 2023.

Better Home & Finance Holding Company (BETR) launches One Day HELOC, offering approval decisions within 24 hours for American homeowners to access home equity. The program aims to provide fast and convenient solutions for customers looking to renovate, consolidate debt, or fund major expenses at lower interest rates.

Better Home & Finance Holding Company (BETR) will announce its Q4 and full year 2023 financial results on March 28, 2024. A conference call and webcast will be held on the same day.

Better Home & Finance Holding Company (NASDAQ: BETR) launches Better Mortgage VA Loans, a fully digital program allowing eligible US Veterans to secure a home loan for up to 100% of their purchase price with no down payment requirement, enhancing homeownership opportunities for those who served. The initiative demonstrates Better's commitment to innovation and accessibility in the mortgage industry.