The company offers fixed and adjustable-rate conforming mortgages in 20 states and the District of Columbia. According to Redfin, new buyers can usually get pre-approved for a loan in 90 minutes of less and the company also guarantees 30-day closings or the buyer will receive a $1,000 credit towards closing costs. For independent mortgage bankers, developing sound judgment can strengthen recruiting, retention, and long-term performance
Mentorship in mortgage lending is as important as ever in our rapidly changing and complex industry. For independent mortgage bankers in particular, the stakes are high. Compressed margins, elevated rates, and intensifying competition for experienced loan officers have made ...
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
Editor's note: This story has been updated to provide additional context about the New York Stock Exchange's continued listing standards and compliance process. The increasingly public rivalry between NEXA Lending CEO Mike Kortas and loanDepot took another turn Thursday, wit...
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