Better Home & Finance Shares Surge on Deals That Will Increase Loan Volume

Dow Jones
Sep 29

By Nicholas G. Miller

 

Shares of Better Home & Finance rose after the company agreed to two deals that it said will boost its monthly loan volume.

The stock rose 14% to $60.60 and has more than tripled over the past 12 months.

The company said it had formed a partnership with a top-five U.S. personal financial services platform and with a top-five non-bank mortgage originator to use Better's AI-powered loan origination system.

The company also said it would sell additional shares for a total of up to $75 million to raise funding to scale monthly loan originations from $500 million to as much as $2 billion.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

September 29, 2025 11:33 ET (15:33 GMT)

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