BETR, BETRW · CIK 0001835856 · operating
Better Home & Finance Holding Company operates as a mortgage lender and homeownership services provider in the United States. The company originates and finances residential mortgages across multiple loan categories, including government-sponsored enterprise conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans. It distributes these loans to institutional investors including banks, insurance companies, asset managers, and mortgage real estate investment trusts.
Beyond mortgage origination, the company provides ancillary homeownership services encompassing real estate agent services, title insurance and settlement services, and homeowners insurance. This diversified service model positions the company across multiple points in the residential real estate transaction process. The company operates from its headquarters in New York, New York, with approximately 1,250 full-time employees. The company was formerly known as Better Mortgage Corporation and adopted its current name in August 2023, reflecting its expanded service offerings beyond mortgage lending alone.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-13.65 | $-13.65 | -1076.7% | |
| 2023 | $-1.16 | $-1.16 | — | |
| 2022 | — | — | — | |
| 2021 | — | — | — |