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Announced

Thrive Mortgage to merge with Lower.

Synopsis

Thrive Mortgage, a mortgage broker firm, agreed to merge with Lower, a multi-channel, digital home lender. Financial terms were not disclosed. "The commitment of Thrive to our team and our customers has always been to deliver the best mortgage experience with the highest quality resources. This has driven us to focus on having the best people with the most forward-thinking technology in the i­­­ndustry, all of which is propelled forward with this partnership with Lower," Roy Jones, Thrive Mortgage Chairman.

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