NEXA Lending launches new compensation model, touts 100% revenue split for LOs
CEO Mike Kortas: ‘If you are producing the business ... we believe you should have access to all of it’
CEO Mike Kortas: ‘If you are producing the business ... we believe you should have access to all of it’
BELLINGS Intelligence Score: 10
Why it matters
NEXA Lending's new compensation model is a company-specific operational change with limited market impact and no evident systemic or structural consequences for credit markets.
Sources
HousingWire
NEXA Lending launches new compensation model, touts 100% revenue split for LOs
CEO Mike Kortas: ‘If you are producing the business ... we believe you should have access to all of it’