Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
BETR.OQ - Better Home & Finance Holding Co
Q3 2024 Better Home & Finance Holding Co Earnings Call
Nov 13, 2024 / 01:30PM GMT
=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
A nonal margin improvement from 1.58% in Q3 last year to 2.08% in Q3. This year. As discussed on our last earnings call, I'd like to remind everyone of our strategic priorities for 2024. Our first priority is thoughtfully leaning into growth against which we showed continued progress. This quarter year over year funded loan volume growth was driven by increases across all three of our product categories. Purchase refi and home equity loans with home equity products and refinance loans being the largest growth drivers. This past quarter, purchase loan volume increased 13%. Home equity loan volume increased 493%. And refinance loan volume increased 177% year over year. Even with some of the temporary rate