That period of time was when there was a lot of subprime lending, and by 2007, when everything started to crash, I got very nervous about the amount of subprime loans everybody was doing. I mean, we all were very nervous about it. So I reached out to an account executive and asked if there was anywhere that might be safe, which is how I then became employee No. 1 and the person who built wholesale at American Financial Resources (AFR).
The future is here. NEXA has built something unique wholesale-level pricing and product optionality, combined with the infrastructure and leadership support loan officers expect from top lenders, Farr said in a statement. That's why I'm here: to help distributed retail loan officers understand they now have a better solution moving forward. The misconceptions about wholesale are gone. This is about giving LOs the best of all worlds.