You may be right on the numbers. I looked up Scotsmen's Guide reporting and Better should do around 5 billion this year. Can they get to 12 billion? Maybe..probably not, but maybe.
As for the technology, you guys are fooling yourselves. If you think for one second that this company will have better tech and margins than Rocket, UWM, and Guaranteed Rate you clearly are not and have never been in the mortgage business. Rocket has incredibly deep pockets, and this type of AI tech can be built in house by them quickly. The mortgage business is really not that complicated- there are just a lot of moving parts. Better is doing incredibly well to originate 3.5 billion in the first 3 quarters of this year. Congrats to them.