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0 0 0.0294736842105264 0.0294736842105264 0.0294736842105264 0.0656578947368422 0.0700000000000001 0.0769736842105264
Stock impact report

Better Mortgage Renews and Increases Warehouse Facility to $350 Million, Grows Total Warehouse Capacity to $850 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 one-year renewal of its warehouse credit facility with a leading global investment firm, increasing the Company’s capacity of that facility from $250 million to $350 million.The expansion comes after the Company grew its total warehouse capacity to $750 million the week prior. Following this renewal, the Company's total warehouse capacity will increase from $750 million to $850 million, providing greater funding certainty as the Company continues to scale origination volume.Notably, a portion of the facility is committed, signaling the strength of the lender relationship and conviction in Better’s business at an important moment of growth."We have renewed all of our warehouse lines and increased capacity by over $275 million in the last three months. We appreciate the continued support of our lending partne Show less Read more
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