Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.0112586605080832 0.00779445727482688 0.00303117782909942 0.0381062355658199
Stock impact report

Better Mortgage Doubles Warehouse Facility to $350 Million, Expanding Total Warehouse Capacity to $750 Million

Better Home - Class A (BETR) 
Last better home - class a earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better,” “Better Mortgage,” “the Company,” “we,” “our” or “us”) today announced the successful amendment of its warehouse credit facility with a leading global banking institution, doubling the Company’s capacity of that facility from $175 million to $350 million.The expansion increases the Company's total warehouse capacity from $575 million to $750 million, significantly strengthening Better's ability to fund anticipated origination growth in the coming months."As we head into what we expect to be a significant period of origination growth over the next few months, expanding our total warehouse capacity to $750 million will help us meet increasing borrower demand," said Rob Wilson, Treasurer. "This amendment is a clear signal of the momentum we're building at Better."“Expanding our total warehouse capacity to $750 million better positions us to keep pace with the opportunity in front of us. Our new Show less Read more
Impact Snapshot
Event Time:
BETR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BETR alerts
Opt-in for
BETR alerts

from News Quantified
Opt-in for
BETR alerts

from News Quantified