BETR News & Events

Better Home & Finance announced the amendment and renewal of a $175M warehouse credit facility with a global banking institution. The amended facility features reduced cash deposit requirements, expanded leverage capacity, and higher advance rates on certain non-GSE loans, materially reducing ongoing equity capital requirements. In addition, Better.com reaffirmed its previously disclosed guidance, given in November 2025, that monthly origination volumes are expected to exceed $1B by May, representing an increase of more than 100% compared to the company's average monthly origination volume of approximately $400M for the quarter ended September 30, 2025. The company also reaffirmed its expectation of achieving adjusted EBITDA profitability by the end of the third quarter of 2026.

Better Home & Finance announced the appointment of Barry Feierstein as Better's COO. Feierstein will oversee Better's core Corporate Operations to help drive alignment and efficiency across the organization. Feierstein brings over 30 years of deep experience in leading and scaling operations across private and public companies in residential housing finance, small business lending, student lending and higher education sectors. Prior to joining the company, Feierstein served as COO of Hamilton Insurance Agency, an insurance broker and benefits administration provider, from January 2025 until December 2025.