Better Home & Finance Holding Company develops a technology-enabled mortgage and home equity finance platform for residential borrowers. Company updates center on mortgage origination, home equity lending, loan-volume trends, warehouse funding capacity, and operating results tied to its Home Finance business. Its offerings include GSE-conforming, FHA, VA, jumbo, Non-QM, and home equity loans, with service coverage in the United States and the United Kingdom.
Recurring news also covers the Tinman® AI platform, the Betsy™ AI loan agent, product launches such as the Better Home Equity Card built on Stripe infrastructure, and partner or platform activity tied to loan applications, rate locks, approvals, and closings. Capital markets items include public equity offerings, warrant and security-structure disclosures, shareholder voting matters, insider stock purchases, and changes to warehouse credit facilities used to fund originations.
Better (BETR) board members agreed to implement the Garg Group shareholder consent after confirmation by the company’s third-party election inspector.
The consent received over 50% of votes and seeks removal of five directors, who agreed not to take corporate action in the interim. Vishal Garg expects confirmation within 24 hours of delivery of the votes to the inspector at 2:11 p.m. on September 30, 2026.
Better Home & Finance (BETR) is the subject of a Garg Group turnaround plan backed by consents representing over 51% of voting shares. Execution of the 90-day plan is conditional on the company's formal acceptance of the proxy results.
The Garg Group plans to replace five directors, appoint Bing Gordon and Steve Sarracino, and engage an interim CEO from a Tier 1 Advisory Firm. Garg would become Head of Product, Platform, and Innovation. The plan targets annual cost savings of $60 million, up from $45 million, and $2 billion in quarterly combined volume through Tinman AI partnerships and expanded home equity line of credit production. It also calls for selling the UK banking operations and a $30 million buyback following asset sales and efficiency realizations, starting with $10 million upon Board approval.
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Garg Group, led by Better Home & Finance founder Vishal Garg (Nasdaq: BETR), reports that holders of more than 46% of Better’s voting power have already delivered written consents supporting its consent solicitation to remove five current directors.
The group is seeking to remove Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board ahead of an October 2, 2026 target date. Garg urges remaining shareholders to sign, date and return the GREEN consent card. The Garg Group highlights potential independent director candidates Bing Gordon, David Heidecorn and Steve Sarracino, who have only expressed willingness to serve. Their nomination would occur later and any appointment would require approval by a majority of Board members. The 46% support figure is a preliminary tabulation and may change before final results are determined.
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Better Home & Finance (Nasdaq: BETR) founder and former CEO Vishal Garg, a significant shareholder, launched a consent solicitation to remove five current directors and support three new independent candidates for the Board.
The slate comprises Bing Gordon, a veteran consumer technology and product executive; David Heidecorn, a finance and risk-management specialist; and Steve Sarracino, founder of Activant Capital and a former Better director. The Garg Group is urging shareholders to return the GREEN CONSENT CARD by an updated target date of October 2, 2026. The candidates have only expressed willingness to serve; any appointment would still require nomination by Mr. Garg and approval by a Board majority at that time.
Better Mortgage (BETR) and Coinbase (COIN) expanded their partnership by offering Coinbase One members a lender-funded rebate equal to 1% of an approved Better home equity line of credit, up to $10,000, for applications under a program launched on August 12, 2026.
The companies position this as a way to extend benefits from an initial mortgage into later home equity needs, aiming to increase the value of Coinbase One membership. The offer coincides with rising U.S. HELOC usage: outstanding balances reached $459 billion in Q2 2026, the 17th straight quarterly increase. Fintech HELOC originations grew 140.2% between 2023 and 2025. Better’s own HELOC originations in Q2 2026 rose 45% quarter-over-quarter and 23% year-over-year to $294 million, now representing 18% of its total loan volume, up from 12% in Q1 2026.