Crab Boss 🦀 is on Facebook

https://www.facebook.com/groups/734335517698838/?ref=share&mibextid=NSMWBT

Anyone hear of Crab Boss?

http://www.crabboss.com

Here’s a clear, up-to-date 2026 mortgage rate forecast based on the latest projections from major housing economists and institutions as of early April 2026. While recent weeks have seen rates inch upward (with the 30-year fixed averaging around 6.38%–6.57% in late March/early April surveys), most experts still anticipate modest declines or…

Read more

The housing market is on life support. Things were looking optimistic several weeks ago after rates were dropping and headed in the 5.0%. However, mortgage rates have been increasing the past four weeks and many experts forecast the high mortgage rates are headed higher. New home sales is collapsing and are going through the biggest…

Read more

What is going on with mortgage rates? Mortgage rates have been inching up for the past four weeks. The rising mortgage rates are slowing home sales. The housing market is already depressed with many in the housing and mortgage industry hurting big time and many are leaving the industry altogether.

Mortgage rates have indeed been **rising** over…

Read more

More humiliating news for the Noem Family. Bryron Noem, the husband of Former Secretary of Homeland Security Kristi Noem is on national news because photos of him as a cross dresser surfaced. The claim circulating is about Bryon Noem — Kristi Noem’s husband — not and the reporting says alleged cross-dressing photos and messages surfaced in a…

Read more

NEXA Lending and Coast to Coast Mortgage Lending (C2C) both start from the same 275-basis-point yield spread paid by the wholesale lender to the brokerage company, but their approaches to splitting or deducting that compensation create meaningfully different outcomes for an independent mortgage loan officer or net branch.

Under NEXA, the…

Read more

Here is a simple pros and cons explanation in plain language.

NEXA

Pros:
NEXA is straightforward if you like a traditional commission split model. You can estimate your comp fairly easily because the company takes its share from the basis points, and then you know what is left for the loan officer. For some people, that simplicity makes it easier…

Read more

Yes — here are some real-life style case scenarios in plain English so you can see how the two models might play out.

If a loan officer closes a smaller loan, the difference between the two companies may not feel dramatic at first, but it still matters. For example, on a $250,000 loan, 275 basis points equals $6,875. Under the NEXA structure you…

Read more

NEXA and Coast to Coast Mortgage Lending each offer very different compensation structures for loan officers and mortgage professionals. At NEXA, the overall lender-paid compensation is based on 275 basis points. From that amount, NEXA keeps 25 basis points, then an additional 30 basis points, which leaves the independent loan officer with…

Read more

With NEXA, the math is purely percentage-based. Every loan starts at 275 bps from the wholesale lender. NEXA takes 25 bps off the top as its admin fee — unless you’ve crossed $3 million in monthly volume, at which point that 25 bps is waived entirely. From what remains, NEXA takes another 30 bps as the branch fee, landing the independent MLO at…

Read more

Can you please go over and contrast and compare compensation case scenarios on NEXA Lending vs C2C Mortgage Lending:

NEXA as a company is set up on 275 basis points so when a loan officer closes a loan, the yield spread is 275 basis points from the wholesale lender to NEXA. NEXA takes 25 basis points up to $3 million and after $3 million,…

Read more