Newrez Wholesale

Mike Kortas calls loanDepot a "sinking ship" in social media post while promoting NEXA's recruiting package as the two companies remain embroiled in litigation

The mortgage industry veteran previously spent a decade helping guide the wholesale lender’s growth

The lender’s third acquisition since 2025 adds wholesale broker relationships, retail branches, and an established non-QM operation

Three new offerings broaden eligibility, increase financing flexibility, and give mortgage brokers more ways to serve physicians, nurses, and other medical professionals

Newrez loan data shows first-time buyers still accounted for nearly half of 2025 purchase originations as home prices and borrower incomes climbed

Investor loans are reshaping Non-QM production as securitization demand, capital markets, and wholesale expansion converge