SimpleNexus acquires fellow Inc. 5000 list company, LBA Ware
SimpleNexus is the "developer of a mobile-first technology for the modern mortgage lender". Acquiring LBA Ware "gives mortgage lenders an unprecedented array of competitive advantages across borrower engagement, loan origination and closing as well as operations and business intelligence", states Cathleen Schreiner Gates, CEO of SimpleNexus.
According to the article, both companies have become members of the Inc. 5000 list of America's fastest-growing private companies, and both are members of the Mortgage Bankers Association (MBA), The Mortgage Collaborative (TMC), and the American Credit Union Mortgage Association (ACUMA).
"As consistent forces for innovation in the mortgage space, our firms have remarkably compatible cultures and complementary products. We look forward to a bright future as a unified team."