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Lower founder says lender is still active in M&A searches

Lower founder Dan Snyder says that the multichannel lender wants to acquire at least one company this year and is willing to pay a premium.

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Merger of Lower and Thrive would give Veritex 12 5% stake

Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive in 2021, expects a $25 million to $30 million loss if the deal closes.

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CHLA and 41 IMBs urge the FHA to cut MI premiums

The CHLA sent a letter, signed by 41 IMBs, to the FHA on Wednesday urging the administration to cut mortgage insurance premiums.

United statesCherry creekJulia gordonMovement mortgageCommunity home lenders associationDepartment of housingHousing administrationFederal housing administrationSouth carolina based movement mortgageCherry creek mortgageTexas based thrive mortgageKramer mortgageUrban development

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