Executives at Better.com said the conflict in Iran is causing some borrowers to delay closing on mortgages, prompting the company to lean more heavily on home equity lines of credit (HELOCs) to sustain origination volume. At the same time, the New York-based digital mortgage lender continues to cut costs in an effort to meet its […]
Better cuts costs, expands HELOC push amid mortgage market volatility Read More »
Better.com says that its new integration with ChatGPT is more than a flashy plugin. According to CEO Vishal Garg, it’s a tool that could shift how mortgage technology is distributed and adopted across the industry. In early March, Better announced the conversational credit decision engine that allows lenders to run underwriting through ChatGPT using its
Better bets on ChatGPT as the new front door for origination Read More »
Better.com has launched a conversational credit decision engine that lets mortgage and home equity lenders run underwriting through ChatGPT using the company’s Tinman AI platform, the company announced Thursday. The integration, built with OpenAI using a Model Context Protocol (MCP) connector, allows loan officers and bank teams to access Better’s Tinman engine directly in ChatGPT
Better launches ChatGPT-based credit decision engine for mortgage and HELOC lenders Read More »
Better Home & Finance Holding Co. announced Friday the appointment of Barry Feierstein as the company’s chief operating officer. In his new role, Feierstein will oversee Better’s corporate operations. “We’re thrilled to have Barry on board as Better’s new COO. His background brings a rare combination of entrepreneurial spirit and operational discipline that will strengthen
Better names Barry Feierstein as new COO Read More »
As the mortgage banking landscape evolves, industry leaders shared their approaches to playing offense as they try to balance new technology and a complex lending environment. At HousingWire’s Mortgage Banking Summit on Tuesday, Misti Snow, SVP of operations at Better and Sasha Stair, Xactus‘ chief marketing officer, shared that as the mortgage sector is experiencing
Better, Xactus executives on balancing innovation with consumer needs Read More »
Better’s chief financial officer, Kevin Ryan, is retiring from the company, according to an SEC filing on Friday, and will be joining PennyMac Financial Services as a senior managing director, chief strategy officer. According to the filing, Ryan announced on Sept. 30 that he would be retiring but it is not clear when his last
CFO Kevin Ryan to retire from Better, will join PennyMac as chief strategy officer Read More »
Better announced on Wednesday the launch of its Bank Statement home equity line of credit (HELOC) aimed at the 36.2 million small business owners in the United States who often don’t fit within traditional underwriting standards. The new program lets self-employed borrowers access home equity without tax returns, W-2s or profit-and-loss statements. Instead, applicants can
Better launches bank statement HELOC for small business owners Read More »
Several senior executives in Better’s control and finance teams, including chief financial officer Kevin Ryan, have taken additional jobs or left the company as it navigates financial pressures, according to public announcements and updates to social media profiles. In July, Ryan also joined investment bank Houlihan Lokey as a managing director in its capital solutions
Better’s Kevin Ryan adds Houlihan Lokey role amid executive shake-up Read More »
Better Home & Finance Holding Co. announced its second-quarter 2025 earnings on Thursday. The company revealed that it’s still operating at a loss, but it showed clear improvement in the second quarter as revenue grew, loan volume rose and its tech offerings expanded. In its earnings call on Thursday, Better disclosed a $36 million net
Better’s losses are shrinking. It could break even by late 2026 Read More »
In an era where technology often threatens to overshadow human roles, Better Mortgage is charting a different course. By developing in-house AI tools designed to complement rather than replace human expertise, the company is enhancing the mortgage experience for both borrowers and loan officers. Already, its AI Loan Agent, Betsy, handles over 125,000 customer interactions