Recent events
Recent events tied to this brand in public sources.
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2026
NEXA Lending acquires UMortgage in asset purchase
NEXA Lending, a US mortgage brokerage platform, has agreed to acquire UMortgage in an asset purchase that has been signed and funded, according to NEXA CEO Mike Kortas. UMortgage will retain its brand, marketing identity and sales culture while moving onto NEXA's technology infrastructure, lender network and compliance platform; the UMortgage entity is expected to dissolve by the end of 2026. Financial terms were not disclosed.
2026
NEXA Lending acquires UMortgage
NEXA Lending has agreed to acquire UMortgage in an asset purchase, adding UMortgage's 246 loan officers and $2.05 billion in annual origination volume to NEXA's platform. Financial terms were not disclosed. UMortgage CEO Anthony Casa will join NEXA as an executive partner, and the UMortgage name will be dissolved as an entity by the end of 2026.
2026
NEXA Lending sues former contractor over trade secrets and conduct
NEXA Lending filed suit on Aug. 7 in an Arizona federal court against former independent contractor Austin Dell'Abate, alleging breach of contract, misappropriation of trade secrets, tortious interference with customer and referral relationships, and publication of false and damaging statements. NEXA also filed a motion for a temporary restraining order the same day.