Better Home & Finance Holding Company (BETR) reported preliminary third-quarter 2026 Loan Volume of $1.39 billion, up 15% from $1.21 billion a year earlier. The result was within its previously announced $1.375 billion to $1.525 billion guidance range, toward the lower end. Tinman AI platform volume was $790 million, up 64% from $483 million and approximately 57% of total Loan Volume, versus approximately 40% in Q3 2025. The company said industry volume declined 37% in the same period.
The first Better 2.0 weekly scorecard reports $13.2 million in annualized expense reductions implemented and another $51 million in targeted annualized reductions subject to execution. The company states the implemented and planned initiatives represent approximately $5.35 million monthly, or $64.2 million annualized, once fully implemented; these are annualized reductions, not savings already realized. It plans weekly scorecard updates until Adjusted EBITDA breakeven and expects its stock buyback program to be buying stock this week.
Better Home & Finance Holding Co (BETR) received notice that it does not meet several Nasdaq governance requirements: a majority of its Board must be independent; its audit committee must have at least three independent members; its compensation committee must have at least two independent members; and independent directors must oversee director nominations.
Nasdaq gave the company 45 calendar days to submit a plan to regain compliance. The company intends to submit a plan, and the notice has no immediate effect on the listing of its Class A common stock or warrants. If the company fails to regain compliance, Nasdaq could determine to delist its securities; the company said there is no assurance Nasdaq will accept its plan or that it will regain compliance.
Better Home & Finance Holding Company (BETR) reported board changes after Vishal Garg and other consent-solicitation participants delivered stockholder consents representing a majority of the voting power of the company’s common stock outstanding as of August 21, 2026. The consents, in part, removed without cause Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar, effective September 30, 2026. Hugh Frater notified the company on October 1, 2026, of his decision to resign from the Board, effective upon the Removal.
On October 5, 2026, Garg, as the sole remaining director, appointed Bing Gordon, Steven Sarracino, Paula Tuffin and Nicholas Calamari to fill vacancies. Tuffin is the company’s General Counsel, Chief Compliance Officer and Secretary; Calamari is an employee. The Board removed Lewis as Interim CEO effective immediately and began identifying a successor. Gordon’s consulting agreement includes a grant of 20,000 restricted stock units on February 11, 2026, with an aggregate grant date fair value of $582,200; the units vest quarterly over four years.
Better Home & Finance Holding Company (BETR) amended its Rights Agreement with Computershare Trust Company, N.A., as rights agent, effective October 6, 2026. The amendment moved expiration of the rights to purchase Class A, Class B and Class C common stock from the date of the company’s 2027 annual meeting to the close of business on October 6, 2026. At that time, all outstanding rights expired and were no longer exercisable, and the Rights Agreement terminated.
No Series A Junior Participating Preferred Stock was issued or outstanding when the amendment was entered into. On October 7, 2026, the company filed a Certificate of Elimination, returning the shares designated as that preferred stock to authorized but unissued and undesignated preferred stock.
Better Home & Finance Holding Co (BETR) Chief Financial Officer Loveen Advani reported acquiring 9,167 Class A common shares on October 1, 2026, through an exercise or conversion. That day, 2,514 shares were delivered or withheld for payment of exercise price or tax liability at $11.19 per share. On October 8, Advani reported an exercise/conversion and disposition of 9,167 restricted stock units, corresponding to 9,167 underlying Class A shares; the reported resulting position was 82,499 shares. Each unit represents a contingent right to receive one Class A share and vests subject to continued service.
Better Home & Finance Holding Co reported Steven Sarracino’s appointment to its board, effective October 5, 2026, and updated beneficial-ownership disclosures. Sarracino is listed with 1,290,178 shares (8.9%); Activant Ventures Advisors III, LLC and Activant Capital Management, LP are each listed with 1,217,972 shares (8.4%).
The disclosed interests include 72,206 Class A shares held by Better Voyager Partners and Class A shares acquirable upon conversion of Class B common stock held by the funds. The percentages use 13,256,037 shares outstanding as of August 21, 2026. Sarracino, Activant Ventures Advisors III, LLC, Activant Capital Management, LP, and PAVF Holding Company Limited disclaim beneficial ownership of the shares attributed to them. The reporting persons report no transactions in the shares since Amendment No. 7.
Better Home & Finance Holding Co. (BETR) stockholders delivered written consents on September 30, 2026, representing a majority of the voting power outstanding as of August 21, 2026. The consents removed five directors without cause, effective immediately: Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar. On October 1, Hugh Frater notified the company of his resignation from the Board, effective upon the removal.
On October 5, Vishal Garg, as the sole remaining director, appointed Bing Gordon, Steven Sarracino, Paula Tuffin, the General Counsel, Chief Compliance Officer and Secretary, and employee Nicholas Calamari to fill vacancies. The Board also removed Daniel Lewis as Interim CEO, effective immediately, and began a process to identify a successor Interim CEO. Final results showed 13,638,803 consents and 24,594 against the bylaw proposal; each director-removal proposal received 13,633,243 consents and 30,154 against, with zero abstentions.
Better Home & Finance Holding Co (BETR) reported that proposals in a stockholder consent solicitation were effectuated on October 5, 2026, after the issuer’s independent election inspector certified the results. The proposals included removing without cause directors Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar. Written consents delivered September 30, 2026 represented a majority of the issuer’s outstanding voting power as of the August 21, 2026 record date.
Reporting person Vishal Garg reported beneficial ownership of 2,029,224 shares of Class A common stock, or 13.7%. The amount includes 118,260 shares held directly, 927,855 shares obtainable upon conversion of Class B common stock, 387,137 currently exercisable options to purchase Class B common stock, and 130,455 and 465,517 shares obtainable upon conversion of Class B shares held by 1/0 Real Estate, LLC and The 718 4Ever Trust I, respectively. The percentage was calculated using 13,256,037 Class A shares outstanding as of August 21, 2026. Garg disclaimed beneficial ownership of shares held by the LLC and trust except to the extent of his pecuniary interest.
Better Home & Finance Holding Company (BETR) said Michael Farello resigned from its Board of Directors effective September 28, 2026.