CEO Vishal Garg is optimistic about the future after cutting annual net loss by 61 percent, to $206 million, and growing loan production by 19 percent and revenue by 50 percent.
Source: Inman News
Better’s losses shrink as AI boosts 2024 loan volume, revenue
More from AIMore posts in AI »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Why 88% of agent conversations never make it to the CRM
- What Starbucks, TikTok and Taco Bell can teach us about marketing
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- EXp digs at Compass during Q3 earnings as agent retention soars
More from Ally FinancialMore posts in Ally Financial »
More from Ally Financial Inc.More posts in Ally Financial Inc. »
More from BetterMore posts in Better »
- Is the ‘proptech winter’ ending? This is what investors are watching
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better waiving $995 origination fee for repeat mortgage customers
More from Better ForeverMore posts in Better Forever »
More from Better Home & Finance Holding Co.More posts in Better Home & Finance Holding Co. »
More from better mortgageMore posts in better mortgage »
- Is the ‘proptech winter’ ending? This is what investors are watching
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better waiving $995 origination fee for repeat mortgage customers
- Better funds $1B in mortgages in Q3 but still $54M in the red
- Back in growth mode, Better is hiring again but still in the red in Q1
More from better.comMore posts in better.com »
- Inman celebrates its 2025 Inman Innovator Award winners
- Inman celebrates industry visionaries: Announcing the 2025 Inman Innovator Award finalists
- Shares in Better get a boost from $534M debt restructuring
- First-time buyer savings platform Foyer raises $6.2M
- Lone Wolf invites mortgage lenders onto its broker-agent tech platform
More from charlotteMore posts in charlotte »
More from earningsMore posts in earnings »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
More from earnings Q4 2024More posts in earnings Q4 2024 »
- Fathom Realty now offering agents 20% commission split option
- Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance
- LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
- Douglas Elliman wraps 2024 with hefty $76M net loss for year
- Rentals, tech and efficiency drive real estate’s Q4 earnings
More from helocMore posts in heloc »
- Better Mortgage seizes the day on Wall Street with $75M raise
- HELOC disruptor Figure boasts $7B market cap after successful IPO
- California is 2nd state to revoke LoanSnap’s license this month
- LoanSnap’s business dried up. Now regulators are after its licenses
- There’s another rewards card aimed at homeowners: Mesa
More from Industry NewsMore posts in Industry News »
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Offerpad home sales, acquisitions hit new low in Q3 2025
More from inmanMore posts in inman »
- Inman is celebrating 30 years of community, and you’re invited
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- The inventory surge is sputtering. See how your market stacks up
- Zillow defends private listing rule, criticizes Compass in new filing
More from IrvineMore posts in Irvine »
More from IrvingMore posts in Irving »
More from MortgageMore posts in Mortgage »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- How the 50-year mortgage could kill agent profitability
- Falling home prices leave nearly 1 million Americans ‘underwater’
More from mortgage refinancingMore posts in mortgage refinancing »
- Stop freaking out about 50-year mortgages. They might save the housing market
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Lower mortgage rates spur homebuyers, but mostly refis
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Robert Reffkin, mortgage moves, Serhant family: Inman’s Top 5
More from NEO Home LoansMore posts in NEO Home Loans »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better funds $1B in mortgages in Q3 but still $54M in the red
- HomeLight lands $20M, adds 40 new ‘Buy Before You Sell’ states
- Zavvie’s power buyer suite for mortgage lenders is catching on
More from One Day MortgageMore posts in One Day Mortgage »
More from san diegoMore posts in san diego »
- Inman is celebrating 30 years of community, and you’re invited
- The anti-lawsuit way of presenting your fee: Now Streaming
- Tech Review: Guest House shrinks time-to-market with listing prep
- Free criminal background checks, smart lead generation and game-changing technology
- 5 types of social posts that are filling agents’ pipelines right now (with examples to copy)
More from SelectMore posts in Select »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from TinmanMore posts in Tinman »
More from Vishal GargMore posts in Vishal Garg »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better waiving $995 origination fee for repeat mortgage customers
- Better funds $1B in mortgages in Q3 but still $54M in the red
Be First to Comment