Better Home & Finance CEO steps down; Daniel Lewis interim CEO; Q2 rev up 28% YoY

Better Home & Finance Holding Co

Vishal Garg stepped down as CEO; Board member Daniel Lewis appointed Interim CEO effective immediately.
Preliminary Q2 2026: funded loan volume $1.67B (+38% YoY), revenue $54.7M (+28% YoY), net loss $30.6M.
Adjusted EBITDA -$14.0M (includes $6.5M TRID reserve release); cost reduction target raised to $45M annualized from $25M.
Second quarter earnings call rescheduled to August 6, 2026; Company pursuing sale of UK bank subsidiary Birmingham Bank.

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