NEXA Mortgage hires Eric Mitchell to help boost LO count
Briefly

Mitchell has joined NEXA Mortgage, starting at the lowest partner level with expectations for rapid advancement due to significant recruitment abilities. He will not be originating loans during his time at NEXA. This decision aligns with the recent partnership announced with Tidalwave, which allows NEXA's brokers to utilize an advanced AI platform that automates various verification processes. This technology is reported to have substantially reduced manual tasks and costs associated with loans. Mitchell's extensive experience as CEO of an online mortgage brokerage also adds value to NEXA.
Mitchell's decision to join NEXA follows a recent announcement at HousingWire's AI Summit regarding a partnership with Tidalwave, enhancing NEXA's capabilities.
Tidalwave's technology automates income, employment, and asset verification, leading lenders to reduce manual tasks by 70% and lower costs by $1,500 per loan.
Eric Mitchell's onboarding at NEXA positions him to rapidly progress to the executive partner level due to his strong recruitment potential.
The partnership with Tidalwave allows NEXA's 3,200 brokers access to advanced AI technology, which is anticipated to significantly increase efficiency and reduce administrative burdens.
Read at www.housingwire.com
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