Jay Kingsley, executive for CoreLogic Credit and Borrower Solutions, said: “With this integration, CoreLogic has achieved a major milestone in our growth strategy for AutomatIQTM Borrower and march toward the digital mortgage. We can now provide clients with access to our cutting-edge employment and income verification technology directly through the Encompass loan origination system.”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 ...
Enjoy access to a free NMLS renewal class when you attend an in-person event.
