SimpleNexus, which offers a collaboration and file sharing platform for LOs, borrowers, real estate agents and settlement agents that aids in borrower engagement, loan origination and closing, is acquiring LBA Ware, developer of the CompenSafe LO compensation platform.
Terms of the deal were not divulged.
The acquisition adds operations tools and business intelligence to SimpleNexus’ extensive homeownership platform.
“Bringing LBA Ware into the SimpleNexus homeownership platform gives mortgage lenders an unprecedented array of competitive