Digital home finance company, Lower, has appointed industry veteran Adam Wiener as its new president. In this role, Wiener will oversee the company’s technology, marketing, data science, and direct-to-consumer sales divisions. He will also lead the development of LowerOS, the company’s proprietary technology aimed at streamlining the lending experience for borrowers and loan officers.
Wiener, a Stanford graduate, began his career at Microsoft, working in program management for the SQL Server division. In 2007, he joined real estate brokerage Redfin, where he played a key role in the firm’s IPO in 2017 and its growth to nearly $1 billion in revenue by 2023. During his 16-year tenure, he led Redfin’s marketing and growth strategies, overseeing more than $100 billion in real estate transactions. He also founded the company’s mortgage and title businesses and, most recently, served as President of Real Estate Services, managing a national sales team of over 3,000 professionals.
“There are few executives in our industry that have successfully leveraged both technology and the human touch to build a game-changing company, and Adam is one,” said Lower CEO and co-founder Dan Snyder. “What he did at Redfin is nothing short of amazing, and we are excited for him to work with our already talented team to make Lower the best platform for consumers and the loan officers they work with.”
Wiener shared his excitement in joining Lower, noting the company's strength in a challenging market.
"Joining the team at Lower was a no-brainer. The company’s impressive growth over the last 12 months when the overall mortgage market has been in a funk speaks volumes about the strength of Lower’s business," he stated in a release. "Lower’s investment in cutting-edge technology with its commitment to world-class customer service positions it for explosive growth in the years to come. I am thrilled to work with Lower’s leading mortgage voices to accelerate that growth.”
