Mike Kortas

NEXA Lending hires Christopher Griffith to grow VA lending

NEXA Lending announced Monday that it has hired Christopher Griffith as the company looks to expand its focus on VA lending and loan officer development. Griffith, who is the owner and founder of Vetted VA, will focus on elevating performance across NEXA’s third-party origination (TPO) channel while advocating for a shift in how lenders approach […]

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NEXA Lending targets recurring income model for loan originators

NEXA Lending announced Friday that it’s developing a new initiative aimed at allowing loan originators to participate in recurring income tied to the long-term performance of the loans they originate. The initiative, described as a “servicing-aligned income model,” is expected to begin rolling out as early as July 2026, the company said. The program centers

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NEXA Lending CEO Mike Kortas explains why he’s buying shell companies

NEXA Lending CEO Mike Kortas is in the process of acquiring several shell companies to build joint ventures, he said in an exclusive interview with HousingWire on Monday.  “They are for multiple JVs with large teams, agencies, builders and strategic partnerships,” Kortas said without providing details on each transaction, which he said will be announced

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NEXA Lending sues former president over ’employee raid’

NEXA Lending, formerly known as NEXA Mortgage, is accusing several former NEXA loan officers, managers and former president Mat Grella of executing a coordinated “employee raid” to harm its business. The suit, which was filed on Nov. 5 in Arizona’s Maricopa County Superior Court, claims that Grella, former branch manager Gregory Nichols and Michigan-based Platinum

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NEXA Mortgage rebrands to NEXA Lending, but it’s not a pivot to retail

Mike Kortas wanted to be clear as he announced the company’s rebrand from the stage at NEXA Fest 2025: the company is not going into retail. The name change — from NEXA Mortgage to NEXA Lending — could seem like the prelude to lending in a new channel, but Kortas said it was actually a

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