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
NEXA will add UMortgage's team of 246 loan officers that originated $2.05B over the past 12 months
BELLINGS Intelligence Score: 12
Why it matters
This acquisition is a routine industry consolidation involving a mid-sized mortgage lender and adds scale to NEXA Lending, but it does not materially affect credit markets or underwriting standards.