Key facts
- NEXA CEO Mike Kortas has launched a new mortgage servicing company called evoLend.
- eVoLend has been approved to service loans for Fannie Mae.
- eVoLend has been approved to service loans for Freddie Mac.
- eVoLend has been approved to service loans for Ginnie Mae.
- The company aims to give NEXA loan officers a competitive edge.
- eVoLend will keep NEXA loan officers connected to borrowers post-funding.
Mike Kortas, CEO of NEXA, has officially launched evoLend, a new mortgage servicing company. evoLend has secured approval to service loans backed by Fannie Mae, Freddie Mac, and Ginnie Mae. The establishment of evoLend is intended to provide NEXA loan officers with a significant competitive advantage in the market. This advantage is to be achieved by ensuring that loan officers remain connected with borrowers even after the loan has been funded. The company's strategy focuses on maintaining these relationships to support future business and customer satisfaction. By offering in-house servicing capabilities, NEXA aims to streamline the post-funding experience for both its loan officers and their clients. This integration is expected to foster loyalty and provide a more cohesive service offering within the NEXA ecosystem.