secwatch.observer — SEC 8-K summary
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Issuer:     Better Home & Finance Holding Co (BETR)
CIK:        0001835856
Form:       8-K
Filed at:   2026-08-04T11:00:42+00:00
Accession:  0001628280-26-052134
Event type: leadership
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835856/000162828026052134/0001628280-26-052134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835856/000162828026052134/betr-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-052134

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer