Ricky Vasquez, Author at Loanstar Mortgage

NEXA Lending acquires UMortgage, adds Anthony Casa as executive partner

NEXA Lending has agreed to acquire UMortgage in a deal that symbolizes a truce in one of the mortgage broker channel’s most public rivalries. The transaction has already been signed and NEXA has transferred funds, NEXA Mortgage CEO Mike Kortas confirmed to HousingWire ahead of the deal’s announcement. Financial terms were not disclosed. The deal, […]

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What can the government do to lower mortgage rates?

Uncategorized / Ricky Vasquez

Last week Treasury Secretary Scott Bessent made a big announcement to try to calm the long end of the bond market — a larger debt buyback plan that will start on Sept. 9, which I see as a more defensive play. This follows the intervention on the Yen using euros, not dollars, which was another

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