Lower’s Dan Snyder will share his story at the HousingWire IMB Summit

By BrokerOwner.net September 5, 2024 Housing News

Dan
Snyder
rarely
steps
into
the
spotlight,
but
his
name,
strategic
moves
and
execution
are
talked
about
frequently
in
mortgage
banking
circles.

This
changes
on
Oct.
1,
2024,
when
Snyder,
the
CEO
of

Lower,
steps
on
to
the
main
stage
at
the
George
W.
Bush
Presidential
Library
in
Dallas
for
the

HousingWire
IMB
Summit.

A

HousingWire
Vanguard
winner,
Snyder
has
built
a
world-class
executive
team
that
includes

Selene
Kellam,

Randall
Gillespie,

Craig
Montgomery
and

Amir
Syed.
Snyder
and
his
leadership
team
have
executed
M&A
deals
with
strategic
vision
along
with
textbook
execution
and
integration.

In
November
2023,
Lower
announced
the
acquisition
of
Colorado-based

Universal
Lending.
That
deal
was
followed
a
month
later
by
the
acquisition
of

Texas-based

Thrive
Mortgage
–
a
transaction
that
brought
significant
change
to
the
Lower
organization
and
executive
team.

Backed
by
$100
million
in
Series
A
funding
led
by
venture
capital
firm

Accel
and
a
strategic
relationship
with

Veritex,
Snyder
has
a
vision
for
the
future.

“I’d
like
to
do
another
one
[deal],
but
if
we
can
find
a
good
company
—
it’s
hard
to
find
—
and
we
will
pay
the
owner
a
premium,”
Snyder
said
this
spring
in
an
interview
during

The
Gathering,
HousingWire‘s
annual
real
estate
and
mortgage
conference.

In
the

interview
with
HousingWire
senior
reporter
Flávia
Furlan
Nunes,
Snyder
shared
that
Lower
is
still
majority
owned
by
Snyder
and
his
co-founders.
“But
we
have
raised
money
from
Silicon
Valley.
They
have
seen
the
bottom
[of
the
mortgage
origination
market]
and
can
now
start
seeing
the
growth,” he
added.

In
his
session
at
the
HousingWire
IMB
Summit,
Snyder
will
take
the
stage
with
HousingWire
Managing
Editor
James
Kleimann
and

Brett
Ludden,
managing
partner
at

Sterling
Point
Advisors.