Riaz Valani
On March 11, 2025, Riaz Valani, a member of the Board of Directors (the “Board”) of Better Home & Finance Holding Company (the “Company”) since its inception, informed the Company of his resignation as a director, effective immediately.
Highest-materiality recent filing
Better Home & Finance Q1 loan volume up 89% to $1.64B, net loss widens to $70M
Loan volume $1.64B (+89% YoY); total net revenues $48M (+52% YoY); net loss $70M vs $51M loss a year ago.
Better Home & Finance raises $66M in offering; Q1 loan volume $1.64B beats guidance
Raised $66.1M net in underwritten offering of 2.16M shares at $32.00/share; 60-day lock-up.
Better Home & Finance elects Hugh R. Frater as director and audit committee member
Elected effective March 23, 2026; Frater qualifies as independent under Nasdaq rules.
Better Home & Finance dismisses Deloitte as auditor, appoints BDO
Deloitte & Touche LLP dismissed as auditor on March 16, 2026; BDO USA, P.C. appointed for fiscal year 2026.
Better Home Q4 revenue $44M (+77% YoY); Tinman AI funded volume $646M, above guidance
Revenue $44M (+77% YoY); net loss $40M vs $59M loss in Q4 2024 (33% improvement).
Better Home & Finance issues warrant to Framework Ventures for up to 211,312 shares at $27 exercise
Warrant purchased for $0.01 to buy up to 211,312 shares of Class A common stock.
Better.com renews $175M warehouse facility on improved terms; reaffirms guidance
Amended $175M warehouse facility with lower cash deposit requirements, expanded leverage capacity, and higher advance rates on non-GSE loans.
Better Home renews $175M warehouse facility on improved terms; reaffirms volume & EBITDA guidance
Renewed $175M warehouse facility with reduced cash deposits, expanded leverage, and higher advance rates on non-GSE loans.
Better Home & Finance appoints Loveen Advani as CFO, updates ATM program
Appointed Loveen Advani as CFO effective Feb 2, 2026; base salary $450k, target bonus 100%, 110k RSUs, 100k PSUs.
CEO Vishal Garg to adopt $5M Rule 10b5-1 trading plan for stock purchases
CEO Vishal Garg will adopt a 10b5-1 plan to purchase up to $5M of Class A common stock.
Better Home & Finance appoints Barry Feierstein as COO; base salary $450k plus equity
Barry Feierstein, 64, named COO effective Dec 19, 2025; will oversee corporate operations.
Better Home & Finance Q3 revenue $44M, net loss narrows to $39M; sees $500M monthly run rate
Revenue $44M in Q3 2025 vs $29M in Q3 2024; net loss $39M vs $54M YoY.
CEO Vishal Garg receives 287,500 RSUs tied to stock price goals and 287,500 tied to revenue goals.
Better Home & Finance CFO Kevin Ryan retires; search underway for successor
Kevin Ryan announced retirement as CFO on Sep 30, 2025 to pursue other opportunities.
Better Home & Finance forms two major partnerships and launches $75M ATM to fund growth
Partnered with top-5 U.S. personal finance platform (50M+ customers) to offer mortgage products via Tinman AI.
Better Home & Finance sets committee roles for new directors Barse and Menon
David Barse appointed to Corporate Governance and Nominations Committee, effective Aug 29, 2025.
Better Home & Finance Q2 revenue $44M, net loss $36M; funded loan volume up 25% YoY
Revenue $44M (Q2'24: $32M; Q1'25: $33M); net loss $36M vs $41M loss in Q2'24.
Better Home & Finance elects David Barse and Bhaskar Menon to board effective August 1
David Barse and Bhaskar Menon elected to the Board, effective August 1, 2025.
Better Home & Finance Holds 2025 Annual Meeting; All Director Nominees Elected, Deloitte Ratified
All six director nominees elected with majority support; Harit Talwar received 811,611 against votes.
Better Home & Finance Q1 revenue $33M (+50% YoY); loan volume $868M (+31% YoY)
Revenue of $33M vs $22M in Q1'24 and $25M in Q4'24; net loss unchanged at $51M.
Exchanged $533.9M of 1% convertible notes held by SB Northstar for $155M of 6% senior secured notes due 2028 and $110M cash.
Exchange of $533.9M 1% convertible notes due 2028 for $110M cash + $155M new 6% secured notes due Dec 31, 2028.
Director Riaz Valani resigns from Better Home & Finance board effective March 11, 2025
Riaz Valani resigned as director effective immediately on March 11, 2025.
Better Home & Finance announces $25M share buyback program through end of 2025
Board authorized up to $25M repurchase of Class A common stock (BETR) through Dec 31, 2025.
Better Home & Finance Q3 revenue $29M, funded loan volume $1.035B, net loss $54.1M
Q3 funded loan volume $1.035B, up 42% YoY and 8% QoQ; revenue $29.0M ($4.9M in Q3'23).
Better Home & Finance regains Nasdaq minimum bid price compliance as of Sept 3, 2024
Nasdaq notified company on Sept 3, 2024 that closing bid price was $1.00 or higher for 10 consecutive business days through Aug 30, 2024.
Better Home & Finance completes 1-for-50 reverse stock split to regain Nasdaq compliance
Effective August 16, 2024, every 50 shares of common stock converted into 1 share; no fractional shares issued.
Better Home & Finance Q2 revenue up 41% QoQ, net loss narrows; announces 1-for-50 reverse split
Revenue ~$31M, up 41% from Q1; net loss improved to ~$42M from $51M in Q1.
Better Home & Finance shareholders approve reverse stock split authority and director elections
All seven director nominees elected: Harit Talwar, Vishal Garg, Michael Farello, Arnaud Massenet, Prabhu Narasimhan, Steven Sarracino, Riaz Valani (each >94% of votes cast).
Better Home & Finance Q1 revenue up 26% QoQ to $22M; net loss flat at $51M
Funded loan volume grew 25% sequentially in Q1'24; revenue of $22M, up 26% from Q4'23.
Better Home appoints Chad Smith as President & COO of Better Mortgage
Chad Smith, former CEO of Mission Loans, appointed President & COO of Better Mortgage effective May 6, 2024.
Better Home & Finance receives Nasdaq extension to cure bid price deficiency until Oct 7, 2024
Company received 180-day extension from Nasdaq until October 7, 2024 to regain compliance with $1.00 minimum bid price rule.
Better Home reports Q4 revenue $9M, net loss $59M; FY23 loss $534M; guides Q1 volume $600-650M
Q4 2023 GAAP revenue $9M, net loss $59M; FY23 revenue $77M, net loss $534M.
On March 11, 2025, Riaz Valani, a member of the Board of Directors (the “Board”) of Better Home & Finance Holding Company (the “Company”) since its inception, informed the Company of his resignation as a director, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings