The agreement comes on heels of Lower's acquisitions of Neat Labs and Movoto — and takes place as mortgage lenders look to real estate brokerages to win more homebuyers
Lower will integrate Neat Labs' technology into its own cloud-based originations platform and onboard co-founder Steve Herschleb as chief technology officer, executives announced Tuesday
The parent company of Veritex Community Bank, which paid $54.9M to acquire a 49% interest in Thrive Mortgage in 2021, expects $25M to $30M loss if planned merger deal closes next year
CEO of the equity-building app says home search is 'ripe for innovation and implementation' by lenders looking to originate more purchase loans
The startup has completely rebuilt its mortgage tech platform in an effort to bridge the old and new world of home transactions