General World News

Lower to settle LO poaching dispute with Residential Wholesale Mortgage

Ohio-based digital mortgage lender Lower and Residential Wholesale Mortgage (RWM) have moved to settle a poaching lawsuit filed earlier this year in federal court in Texas.

A two-page notice filed by Lower on May 16 offered few details about the settlement, but it signals the end of a brief legal battle, which was pending for less than three months.

The original complaint, filed by Lower in March 2025, claimed that Residential Wholesale Mortgage poached 17 workers whom Lower acquired through its early 2024 acquisition of Thrive Mortgage.

Neither party immediately responded to HousingWire‘s requests for comment.

National Mortgage News reported that details ⇒

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