As CTO, Srinivasan will develop and drive technology strategies to support company growth, speed the lending pipeline and deliver an exceptional experience to customers and business partners. He will focus on the company’s major IT projects, including the continued build-out of digital mortgage and enhancements to Planet Home Lending’s digital personal mortgage assistant.In a market where borrowers are more complex and lenders are more cautious, brokers who can prove the file earlier will have the edge
Mortgage brokers have always competed on relationships, product knowledge, pricing, speed, and the ability to solve problems when a borrower does not fit neatly inside a retail lending box.That advantage still matters. But the broker’s next edge is not simply moving faster. ...
UMortgage will retain its brand and sales culture while moving onto NEXA’s larger operating platform, a model NEXA is openly pitching to other broker owners
NEXA Lending's acquisition of UMortgage, is more than a combination of two prominent broker-channel companies. It also presents a model for other independent brokerage owners weighing the benefits of scale against the cost and complexity of operating alone.Under the deal ann...
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