Better 2.0 Publishes Weekly Scorecard, Week 5: Wholesale Platform Grows to 43 Brokerages as Savings Reach $34.1 Million
Business Wire•10/11/2026•20:31 ET
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Key Highlights
- ➤$34.1 million annualized savings realized toward approximately $64.2 million target
- ➤Better Wholesale expands to 43 brokerages, with 1,382 brokers and $378 million trailing volume
- ➤Five term sheets received for approximately $50 million debt financing tied to Birmingham Bank sale
- ➤Daversa Partners engaged to lead Better’s CEO search
- ➤AI-powered HELOC launched with a large existing partner for customer testing
Expert Statements
Vishal Garg, Founder and Head of Product, Platform and Innovation at Better
“Five weeks in, the work is compounding. We’re continuing to reduce costs, five more brokerages have joined Better Wholesale, and five lenders have put term sheets on the table for financing tied to Birmingham Bank. We’re at $34.1 million in savings, and you’ll keep getting these updates every Tuesday until we hit breakeven”
Better 2.0 Publishes Weekly Scorecard, Week 5: Wholesale Platform Grows to 43 Brokerages as Savings Reach $34.1 Million
Actions to date expected to deliver $34.1 million in annualized savings toward the approximately $64.2 million target
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