Better improves loan volume by 25% but remains unprofitable in Q1
Housing Wire
MAY 14, 2024
million, driven mainly by home equity line of credit (HELOC) and cash-out refinance products, executives said. Funded loan volumes came in at $661 million, up 25% quarter over quarter. Purchase loans comprised 80% of the funded volume, followed by refinances (12%) and HELOCs (8%). The company’s stock was trading at $0.44
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