Krossner (right) has nearly 10 years of experience across all areas of the software development life cycle. No stranger to the fast-growing technology integration environment, he will lean on his vast knowledge of language and problem domains, frameworks, databases and operating systems to perfect end-products for LenderClose users and stakeholders. Krossner’s understanding of user intent, functionality and user requirements will allow him to facilitate continuous process improvement in his role.
Oglesby (left) most recently sharpened his software development skills at IMT Insurance where he collaborated with a team of software testers on front- and back-end policy systems. Across this position and others, he developed a strong balance between technical knowledge and client service skills. Oglesby will use his knowledge to help create a fast, scalable and simple interface to address LenderClose user needs.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...
Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
Mortgage applications for newly built homes lost ground in July, another indication that builder incentives are struggling to overcome buyers’ sensitivity to elevated mortgage rates.Applications for new-home purchases declined 5.7% from July 2025 and 1% from June, according ...
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