ISS Advises Better Home Shareholders to Oppose Vishal Garg's Board Overhaul

Key Facts

1Proxy advisor ISS recommended shareholders not provide consent to Vishal Garg's campaign to remove a majority of the board.

In a move that strengthens current management amid internal governance conflicts, proxy advisor ISS has recommended that Better Home & Finance Holding Company shareholders oppose Vishal Garg's attempt to reshape the board. According to reports, the firm urged shareholders not to provide consent for Garg's campaign, which seeks to remove a majority of the current board members—a move the company's Special Committee strongly opposes.

This support from ISS, a leading proxy advisory firm, is expected to reduce uncertainty surrounding the proxy contest and its impact on corporate stability. Per market data, BETR stock closed at $14.48 on September 4, 2026, with the shares trading between a session low of $12.66 and a high of $14.77.

Regarding economic indicators affecting the mortgage finance sector, recent data showed the US MBA 30-Year Mortgage Rate at 6.79% in early September. With BETR shares holding at recent levels, investors are watching how shareholders respond to the ISS recommendation in the upcoming vote to determine the board's future.