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 Home & Finance (BETR) announced that proxy advisory firm ISS has recommended that shareholders do not provide consent on Vishal Garg’s green consent card and instead “REVOKE CONSENT” using the company’s WHITE consent revocation card in the ongoing consent solicitation to remove several board members.
The board’s Special Committee said it is pleased with ISS’s recommendation and continues to urge shareholders to reject Garg’s proposal to remove five directors and to support the company’s ongoing CEO search and business stabilization efforts. The committee unanimously recommends that shareholders sign, date and return the WHITE consent revocation card and disregard any green consent card, and notes that any previously granted consent on a green card can be revoked by submitting the WHITE card.
Better Home & Finance (BETR) interim CEO Daniel Lewis issued a shareholder letter during an ongoing proxy contest over control of the Board.
Lewis cites a sequential decline in third-quarter revenue and missed prior targets as reasons the Board moved quickly on a leadership change. Since then, annualized cost reductions now exceed $45 million, engineering output is described as much improved, and the company reports meaningful progress toward a sale of its UK Bank.
Better is refocusing on three scalable channels: wholesale distribution via TinmanGo, remarketing and data-rights opportunities starting with HELOC, and partnerships with platforms that offer consumers more choice. An independent search for a permanent CEO is underway, and Lewis states he is not involved in choosing candidates. The company has filed a definitive consent revocation statement and urges stockholders to return the WHITE consent revocation card.
Summary not available.
Summary not available.
Summary not available.
Better Home & Finance (NASDAQ: BETR) announced that the Board’s Special Committee has sent a letter urging shareholders to reject former CEO Vishal Garg’s consent solicitation, which seeks to remove five of eight current directors and install his own slate, potentially giving him substantial control over the company’s future leadership.
According to Better, the Special Committee instead backs interim CEO Daniel Lewis and a strategy focused on HELOC expansion, enterprise partnerships and automation of its Tinman® AI platform. The company reports 2023 revenue of approximately $72 million, expects a third‑quarter 2026 Adjusted EBITDA loss of $15–18 million, is pursuing the sale of its U.K. bank, and anticipates exceeding a previously announced $45 million annualized cost‑reduction target.
Better Mortgage (NASDAQ: BETR) and Coinbase (NASDAQ: COIN) announced the general availability of Better’s token-backed, conforming mortgage, originated and serviced by Better, powered by Coinbase, and structured to align with Fannie Mae guidelines so the first lien is a standard conforming mortgage.
Approved Coinbase One members using eligible Better products can receive a lender-funded closing cost credit equal to 1% of the mortgage value, capped at $10,000, paid by Better as a lender credit. The 1% rebate now applies across Better’s home-financing products, including standard mortgages, HELOC balances, and refinances. Early waitlist data for the prior crypto-backed mortgage showed 76% of respondents were Coinbase One users, 60% planned to buy within six months, and over $260 million in projected loan volume. The expanded offer has been available to Coinbase One members since August 12, 2026.
Summary not available.
Summary not available.
Summary not available.