As Kortas and Casa make peace, AIME is back in the mix
NEXA says it will cover AIME memberships for about 4,100 loan officers as Casa seeks a role as membership director
UMortgage
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NEXA Lending acquires UMortgage, adds Anthony Casa to exec team
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months
Fed prepares to pivot balance sheet, with potential ripple effects for mortgages
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Mortgage rate volatility rises amid trade war, keeping LOs busy
Despite mortgage rate volatility that makes conditions difficult for lenders, LOs tell HousingWire they’ve seen no fall-off in mortgage applications.