Under the ownership of FSBO Holdings, the platform will undergo a complete overhaul to improve usability and transparency, while maintaining a focus on independent home sales. Kortas said that while NEXA does not own FSBO.com, the platform will benefit NEXA through lead discounts and lead aggregation. Kortas said no layoffs are planned and that FSBO.com […]
Central to the issue was whether the $350,000 deposited into Platinum One’s account in 2023 were loans from NEXA or capital contributions from Kortas and Grella through their joint company. The ruling is separate from the ongoing NEXA partnership dispute. That lawsuit was filed in April 2024 and involves NEXA accusing Grella and his wife, […]
“Von’s deep experience in both finance and mortgage operations makes him ideal for NEXA’s next chapter,” said Mike Kortas, CEO of NEXA Lending. “He understands how to build systems that scale, maintain discipline through growth and ensure every decision aligns with our mission to strengthen loan officers and teams across the country.” Maharaj said his […]
NEXA Leaningformerly known as NEXA Mortgage, accuses several former NEXA loan officers, managers and former president Mat Grella of carrying out a coordinated “employee raid” to damage its business. The lawsuit, filed Nov. 5 in Maricopa County Superior Court in Arizona, alleges that Grella, former branch manager Gregory Nichols and Michigan-based Platinum One Loans, in […]