NEXA Targets loanDepot Loan Officers With NEXA100 Offer as Activist Pressure on the Lender Mounts

NEXA Lending CEO Mike Kortas announced a targeted recruiting offer for loan officers currently at loanDepot: one year of the NEXA100 compensation program plus a signing bonus for those who speak with a NEXA loan officer. [VERIFY: confirm offer terms, eligibility, and duration with Team Renato before publish]

The offer highlights NEXA's standard recruiting pitch — compensation, lender selection, and residual income programs. It comes amid broader movement of loan officers between retail lenders and brokerages.

The offer arrives during a difficult stretch for loanDepot. On July 15, activist investor Randian Capital — holding economic exposure to more than 250,000 shares — published an open letter urging loanDepot's board to explore strategic alternatives, including a potential sale, noting the stock had fallen more than 90% from its $14 IPO price to roughly $1.12. loanDepot declined to comment on the letter, per HousingWire. Retail-lender uncertainty has historically driven loan officer movement toward brokerages, a dynamic NEXA has leaned into throughout its growth.

References

1. HousingWire — “Randian Capital urges loanDepot to consider a sale”
2. National Mortgage Professional — “Activist Investor Calls For loanDepot To Explore Sale”
3. GlobeNewswire — Randian Capital open letter (July 15, 2026)
4. Mike Kortas — public Facebook post announcing the offer

Loan officers weighing a move can see our full breakdown of NEXA100's terms and fine print → NEXA commission split explained, and what joining actually costs → NEXA careers and onboarding costs.