BETTER HOME & FINANCE HOLDING Stock Price, News & Analysis

NEO Home Loans powered by Better (NYSE:BETR) announced that Division Leader Josh Mettle and his team achieved a significant milestone by helping 82 families secure homeownership in July 2025, marking their highest monthly performance in over three years.

The success is attributed to the implementation of proprietary technology solutions including the Tinman® AI Platform and Betsy™ AI assistant, which enabled over 90% of loans to be clear-to-close 10 days before month-end. The company's technology-driven approach, combined with their mission-driven culture, has attracted top real estate agents and business partners.

Better Home & Finance (NASDAQ: BETR) reported its Q2 2025 results, highlighting $1.2 billion in funded loan volume, a 25% year-over-year increase. The company generated revenue of $44 million, up from $32 million in Q2 2024, while narrowing its net loss to $36 million from $41 million year-over-year.

Key highlights include retirement of $521 million in convertible debt with Softbank, creating over $210 million in positive pre-tax equity value. The loan portfolio showed strong performance with purchase loans at $803 million (67%), HELOC at $240 million (20%), and refinance at $162 million (13%). The company aims to achieve Adjusted EBITDA breakeven by Q3 2026, driven by AI efficiencies through their Tinman AI Platform.

Better Home & Finance (NASDAQ: BETR), an AI-powered digital home ownership company, announced its participation in the upcoming Oppenheimer 28th Annual Virtual Technology, Internet & Communications Conference from August 11-13, 2025. The company's CFO, Kevin Ryan, will be available for investor meetings throughout the three-day event.

Better Home & Finance (NASDAQ: BETR) has been named a finalist for the 2025 Finovate Awards in the Best Consumer Lending Solution category. The recognition highlights Better's innovative Tinman® AI Platform and Betsy™ AI assistant, which have transformed the digital mortgage experience.

The company's AI technology matches consumer and property attributes with underwriting criteria across 45 major investors, helping families save an average of $20,000 over their loan life. Betsy™ AI assistant handles 127,000+ monthly borrower interactions with an 80% instant resolution rate, significantly reducing response times from hours to seconds.

Better Home & Finance Holding Company (NASDAQ: BETR) has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, before the market opens. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results.

Investors can access the live webcast 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 made available on the investor relations website following the event.

Better (NASDAQ: BETR), the AI-powered digital home ownership company, has been selected as a finalist for the 2025 Inman Innovator Award in the "Most Innovative Use of AI" category for its Betsy™ AI agent, part of the Tinman® AI Platform.

Betsy™ manages 127,000+ monthly borrower interactions, resolving 80% without human escalation. The platform's implementation through NEO Home Loans has led to impressive results, with loan officers experiencing a 6x growth in loan volume and a 20% increase in gross margins within 90 days of launch.

The Tinman® AI Platform is now being offered as a modular, API-accessible solution for lenders and brokers, aiming to democratize access to advanced mortgage technology across the industry.

[ "Betsy™ AI handles 127,000+ monthly borrower interactions with 80% resolution without human intervention", "NEO Home Loans partnership achieved 6x loan volume growth and 20% gross margin increase in 90 days", "Platform expansion to third-party lenders and brokers opens new revenue streams", "Multiple industry awards and recognitions validate technology effectiveness" ]

Better Home & Finance (NASDAQ: BETR) announced that Founder & CEO Vishal Garg has received Inman's 2025 Best of Finance Award for the second consecutive year. The recognition highlights Garg's efforts to create a more efficient and customer-centric homebuying ecosystem.

Under Garg's leadership, Better has achieved several milestones including the launch of Betsy™, the first voice-based AI loan assistant for mortgages, the introduction of the Better Forever program waiving origination fees for loyal customers, and the launch of NEO Home Loans division. The company has reached a $2.5 billion run rate on originations within six months of launch.

Better (NASDAQ: BETR) has appointed Leah Price to lead its Tinman® AI Platform, marking a significant move to disrupt the mortgage software industry. Price, formerly of the Federal Housing Finance Agency (FHFA) where she led Fintech and AI initiatives, brings extensive experience from roles at Figure Technologies and Fannie Mae. Tinman® is an AI-driven automated platform that streamlines mortgage origination by combining point-of-sale, CRM, pricing engine, document processing, loan origination, and underwriting capabilities. The platform has demonstrated impressive results at Better.com, reducing origination costs by over 40% compared to industry averages and compressing loan officers' back-office costs by 80%. Better.com aims to offer this technology to other lenders, targeting a market that processed over 5 million mortgages on the Encompass platform in 2024.

Better Home & Finance (NASDAQ: BETR) reported its Q1 2025 results with funded loan volume of $868 million, up 31% year-over-year. Revenue reached $33 million, compared to $22 million in Q1'24. The company reported a net loss of $51 million and Adjusted EBITDA loss of $40 million.

Key highlights include: Purchase loans comprised 67% ($578M), HELOC 18% ($157M), and refinance 15% ($133M) of total volume. The company's D2C loan volume increased 71% year-over-year to $614 million. Their NEO Powered by Better platform onboarded 115 loan officers across 53 branches, generating $163 million in funded loan volume.

Better continues to expand its Tinman AI platform and Betsy™, the first AI loan assistant for the US Mortgage Industry, to enhance customer experience and improve efficiency. The company expects Q2 loan volume growth and further improvements to Adjusted EBITDA losses in 2025.