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January 2024 ยป thefivestar.com 29 January 2024 I N D U S T R Y U P D A T E equity customers with valuable tools for those seeking to maintain or upgrade their homes. "As mellohome continues to address the needs of today's homebuyers, we're evolving beyond core real estate services to build lifelong relationships with our customers," loanDepot SVP Norm Steeg said. "Importantly, mellohome will now support customers throughout their entire homeownership journey, from searching and buying to renovating and selling, and everything in between, of- fering access to all of the home products and services a homeowner needs in one convenient portal." Understanding the challenges home- owners face today with surging utility rates, mellohome has teamed up with Lumio, a leading provider of personalized renewable energy solutions, to help customers tap into solar energy more seamlessly. By adding solar technology to their homes, customers can reduce their carbon footprint while building equity and helping to create a more sustainable future. "Lumio's mission is being propelled through our partnership with mello- home, expanding our reach as we work to provide a sustainable, alternative source of power to homeowners around the country," Lumio SVP of Business Development Kevin Copeland said. CUBICASA ROLLS OUT DIGITAL FLOOR PLAN SOFTWARE TO 22,000+ METROLIST SUBSCRIBERS C ubiCasa, a global real estate soft- ware company, has announced its latest Multiple Listing Service (MLS) marketing program with MetroList, the largest MLS in Northern California. This collaboration provides MetroList's extensive network of real estate professionals access to CubiCasa's intuitive floor plan creation tools. Through this collaboration, CubiCa- sa and MetroList are empowering real estate agents and brokers across North- ern California with streamlined listing processes that incorporate accurate and accessible floor plans. The inclusion of MetroList further extends CubiCasa's mission to bring a floor plan to every real estate listing in the United States for the benefit of a better-informed consumer. CubiCasa's MLS program allows affiliated MLS members to access com- plimentary floor plans generated from their scans. CubiCasa also provides dis- counted optional features and access to a directory of real estate photographers who leverage CubiCasa's cutting-edge technology. By delivering digitized prop- erty information, this program strength- ens the MLS's role in facilitating efficient local real estate markets. "CubiCasa enhances the experience for our subscribers by offering us- er-friendly tools for creating floor plans," said Dave Howe, CEO and President of MetroList. "We're excited to enhance our subscribers' ability to effectively support consumers throughout the home buying and selling process." CubiCasa's MLS program continues to gain momentum, with a footprint that stretches across various states, and some of the largest Multiple Listing Services. Since launching in December 2023, the program has grown to include more than 35 MLS organizations, highlighting the strength of CubiCasa's digital floor plan creation tools. "We're thrilled to be working with the team at MetroList in driving a more efficient and more informed real estate market through our suite of digital floor plan creation tools," said Jeff Allen, President of CubiCasa. "The growth of our MLS program over the course of 2023 has been astounding, and the addition of MetroList is a testament to our momen- tum heading into 2024." LOWER DOUBLES NATIONAL FOOTPRINT IN MERGER WITH THRIVE MORTGAGE T hrive Mortgage, LLC and Lower, LLC announced an agreement to merge the two brands, Thrive Mortgage and Lower.com. Thrive CEO Selene Kellam and Production Head for Thrive Mortgage, Randell Gillespie, will join the combined executive team with Lower under the leadership of Lower CEO and Co-Founder Dan Snyder. In accordance with the agreement, the closing is expected to occur in the first quarter of 2024, subject to the satisfaction of conditions to closing, including receipt of required regulatory approvals. Lower CEO Dan Snyder stated, "We're building a better approach to mortgage with Lower's streamlined tech powering multiple channels. Thrive is an award-winning, national lender with the same belief, and we're excited to bring them onto our platform." "The commitment of Thrive to our team and our customers has always been to deliver the best mortgage experience with the highest quality resources," Thrive Mortgage Chairman Roy Jones said. "This has driven us to focus on having the best people with the most forward-thinking technology in the i - ndustry, all of which is propelled forward with this partnership with Lower." Thrive CEO Selene Kellam added, "Last year, we acquired AMSCo, a storied Midwest company that added incredible talent to our model. We are now excited to share another amazing opportunity that has presented itself to join Lower.com." Lower, LLC is a multichannel, digital lender ranking as the 30th largest home lender in the country. Backed by top VC firm Accel, Lower operates an online consumer-direct channel, offline retail channel, and third-party origination plat- form servicing both brokers and other fintechs like Opendoor. Headquartered in Georgetown, Tex- as, Thrive Mortgage is a family-owned business led by Chairman Roy Jones and CEO Selene Kellam along with an expe- rienced management team with an av- erage of 10+ years of tenure with Thrive. As the first company in Texas to close a fully electronic note with a remote notary, Thrive is transforming the home financing process into a customer-cen- tric, digital experience. Thrive Mortgage is licensed in 42 states and offers a full complement of mortgage program options including construction, reverse mortgages, and Non-QM alternatives.