NEXA Lending CEO Mike Kortas explains why he’s buying shell companies

“Everybody thinks I’m going into retail, but I’m not, nor am I going into delegated [correspondent lending]. Going into retail would destroy what I’m doing with NEXA…you got to remember something about me: I was homeless as a kid, at 18 years old, I was sleeping on the streets….I got more than I ever anticipated. I am happy with what I have. I don’t need more.”

JVs have…