Northland initiated coverage of Better Home & Finance with a Market Perform rating. Better has made “significant strides over the past few years” to enhance its product suite with its Tinman AI software and more recent launch of Betsy and has rightsized the business in preparation for a housing market comeback, the analyst tells investors. While the residential housing market has been challenging in recent years, housing activity “should get a substantial boost” from Fed rate cuts, the analyst added.
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