HousingWire: NEXA Mortgage partners with Tidalwave to bring Agentic AI platform to brokers

NEXA is the first brokerage to deploy enterprise-scale agentic AIAugust 12, 2025, 12:14pm by Sarah Wheeler

NEXA Mortgage and Tidalwave announced a strategic partnership Tuesday at HousingWire’s AI Summit that will give NEXA’s 3,200 brokers access to Tidalwave’s agentic AI technology platform.

Tidalwave’s SOLO platform offers comprehensive mortgage automation capabilities including intelligent lead qualification, automated document processing, real-time underwriting support, multilingual client communication, hallucination-free AI communication through patent-pending mortgage contextualization technology and dual automated underwriting system (AUS) processing, which simultaneously runs Fannie Mae’s DU and Freddie Mac’s LPA.

“NEXA is breaking new ground as the first mortgage brokerage to implement comprehensive agentic AI at this scale,” said Mike Kortas, NEXA CEO. “We’re not just leading the industry in AI adoption — we’re pioneering something that has never been done before, setting the standard for what’s possible in mortgage origination.”

Tidalwave integrates with Plaid, Argyle, Truv and ICE Mortgage Technology to automate income, employment and asset verification, reducing redundant paperwork and processes. As a result, Tidalwave said lenders have automated up to 70% of manual tasks, cut costs by as much as $1,500 per loan and freed loan officers from repetitive administrative work.

“Our AI-powered platform allows brokers to perform one-touch underwriting checks, raising the bar for efficiency across the mortgage industry,” said Diane Yu, founder and CEO of Tidalwave. “NEXA’s forward thinking approach and dedication to innovation make them the ideal partner to pioneer this breakthrough technology.”

In an exclusive interview with HousingWire, Kortas said he went looking for an agentic AI platform but couldn’t find one that fit brokers. “Most AI companies are all focused on the underwriting portion. Remember, as a broker, we don’t have an underwriter — we don’t underwrite the files.

“We approached dozens of AI companies, and none of them could quite understand why somebody in the broker channel would ever want this. We knew how it would fit us, but it took somebody like Diane to listen.”

NEXA’s position as the largest broker in the country helped to get their lender partners on board. “They are willing to participate in this all day long so that we can hand them 90% of our files as a one-touch close,” Kortas said.

The NEXA-Tidalwave partnership also enhances the borrower experience, Kortas said, with reduced application anxiety via agentic AI guidance, improved security through encrypted digital document storage, faster approval timelines through automated integration and a native mobile application providing real-time updates.

NEXA is implementing Tidalwave’s SOLO through Bevri.ai, an independent AI solutions provider that partnered with Tidalwave to deliver comprehensive mortgage automation to the brokerage industry.

https://www.housingwire.com/articles/nexa-mortgage-partners-with-tidalwave-to-bring-agentic-ai-platform-to-brokers/