NEXA Lending is acquiring UMortgage in a major consolidation move involving two prominent companies in the independent mortgage broker channel. The transaction was announced Sunday, Aug. 23. Under the agreement, UMortgage will move onto NEXA’s larger operating...
The personal finance company NerdWallet Inc. (NASDAQ: NRDS) has expanded into the mortgage brokerage industry with its $1 million all-cash acquisition of Next Door Lending. NerdWallet CEO Tim Chen announced the acquisition in the company’s third quarter earnings...
Toronto-based Pineapple Financial Inc., a tech-focused mortgage brokerage serving the Canadian market, announced the closing of its initial public offering (IPO) of 875,000 common shares at a price of $4.00 per share. The aggregate gross proceeds of the IPO are $3.5...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
