Better Home & Finance Holding Company
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $192.8M
- Price
- $10.15
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.32%
- Volume
- 1.1M
About
Better Home & Finance Holding Company operates as a U.S.-based enterprise dedicated to various facets of homeownership. The company provides a comprehensive suite of mortgage products, including Government-Sponsored Enterprise (GSE) conforming loans, FHA-insured loans, VA-guaranteed loans, and jumbo loans. These lending solutions are offered to a diverse client base that encompasses GSEs, banks, insurance providers, asset managers, and mortgage real estate investment trusts. Additionally, its service portfolio extends to real estate agency, title insurance, settlement coordination, and homeowners' insurance. Formerly known as Better Mortgage Corporation, the company officially rebranded to Better Home & Finance Holding Company in August 2023. Its corporate headquarters are located in New York, New York.
Quick stats
Shares outstanding19.0M
Computed float7.6M
Float / shares39.9%
Key info
SectorFinancial Services
IndustryFinancial - Mortgages
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001835856
Websitehttps://better.com
AI Summary
AI-generated1/50
minorbullishbuyback
Better Home & Finance Announces $30 Million Share Repurchase Program
Better Home & Finance's board authorized a $30 million Class A share repurchase, with an initial $10 million phase, expiring October 8, 2027.
Management says the buyback will be funded through cost savings — roughly $1 million per month in new cuts — and capital releases including the proposed sale of its UK bank subsidiary.
Vishal Garg argued the stock is 'dramatically undervalued at less than 1x revenue,' framing the program as part of the 'Better 2.0' capital allocation push.
Red flags
- buyback pace explicitly tied to executing cost savings and UK bank sale proceeds — funding is contingent, not assured
- Garg's title is Chief Platform, Product, and Innovation Officer, not CEO; odd leadership framing following a two-month absence