Better Home & Finance Holding Co: management transactions · United States · SEC (Form 4)

About Better Home & Finance Holding Co

Better Home & Finance Holding Co. (NASDAQ: BETR) is a U.S.-based financial technology company focused on mortgage lending, home refinancing, and home equity financing. Listed on the NASDAQ market in the United States, the company positions itself as an AI-native homeownership platform, built to streamline the mortgage journey through automation, data, and software-driven underwriting. Its core consumer brand, Better Mortgage, emphasizes a largely digital end-to-end process, spanning pre-qualification, loan origination, underwriting, and closing, with technology embedded across the customer funnel. The company traces its roots to founder Vishal Garg, who created Better to re-engineer a historically slow and fragmented mortgage industry. Over time, Better evolved into a public holding company combining fintech capabilities, mortgage distribution, and proprietary workflow infrastructure. Its headquarters are in New York, which makes strategic sense given the company’s links to U.S. housing finance, capital markets, and mortgage origination. Better’s main business lines center on residential home purchase loans, refinancing, home equity loans or lines, and related homeownership financing solutions. A key strategic asset is Tinman®, its proprietary platform, which the company presents as the technology backbone that automates much of the mortgage process. For investors, this matters because the platform is intended to improve scalability, shorten processing times, and reduce operating friction versus traditional mortgage lenders. From a competitive standpoint, Better operates in a crowded U.S. mortgage market that includes banks, brokers, independent mortgage companies, and digitally enabled lenders. Its differentiation is primarily technological rather than balance-sheet scale: Better aims to compete through software, speed, and user experience, rather than through a legacy branch network. The company has also highlighted that it has funded more than $110 billion in loan volume, a milestone that suggests meaningful operating scale even if profitability remains the key question for the market. Recent developments have been notable. In March 2026, Better appointed Hugh Frater to its Board of Directors; his background includes leadership roles at Fannie Mae and BlackRock, which is relevant for a mortgage-platform company navigating housing finance and capital markets. Better also reported fourth-quarter 2025 and first-quarter 2026 results, with management emphasizing growth in funded loan volume and further adoption of the Tinman AI Platform. In addition, the company announced a public equity offering in 2026, underscoring that capital structure and funding flexibility remain important elements of the investment case. For French-speaking investors in France, Belgium, and Switzerland, Better is best understood as a high-beta U.S. mortgage fintech: a company exposed to the U.S. housing cycle, interest-rate movements, and execution risk, but potentially attractive if its AI-driven operating model continues to scale more efficiently than traditional lenders.