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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A proposal to replace the longstanding tri-merge credit report with a single-file model has reignited debate over borrower costs and systemic risk, placing trade associations on opposing sides. Supporters argue a single pull would encourage more predictive credit data and reduce systemwide costs without materially increasing risk in some cases, noting that mortgage servicing rights…
DigitalTax® Forecasting Insights DigitalTax Forecasting Insights helps servicers and local governments anticipate future tax amounts and escrow needs by identifying potential shortages early. Our Forecasting tool improves cash‑flow planning, reveals drivers behind underfunded accounts, and enables proactive borrower communication—strengthening operations and reducing surprises for servicers, municipalities, and homeowners. Product Fast Facts #1 Cutting-edge dashboards for…
Blend’s Rapid Home Equity Blend’s Rapid Home Equity is an automated digital origination solution that leverages real-time data to accelerate the home equity lending cycle. It features instant pre-approvals, pre-filled applications, and integrated debt consolidation tools, enabling lenders to close loans in days rather than weeks with significantly higher pull-through and operational efficiency. Product Fast…