Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.

Awards

2020 HW Vanguard: Thomas Pearce

MAXEX, CEO and Chairman of the Board

Pearce-Thomas-2020-Vanguard
Thomas Pearce, CEO and Chairman of the Board, MAXEX

Thomas Pearce has lived at the center of the secondary mortgage market’s buyer-seller dynamic for more than 30 years. 

His experiences led him to an intimate understanding of the root causes of the 2008 housing crisis, and how to solve it. With this knowledge, he became one of the original founders of MAXEX. Pearce and his team grew MAXEX to its present-day scale. 

To date, the company has raised more than $90 million from industry participants and has helped more than 130 buyers and sellers achieve approximately $8 billion in lock trading volume. 

In the past 12 months, MAXEX has achieved record volumes as trading volume more than doubled in the second half of 2019 compared to the first half of the year, executed multiple bulk transactions exceeding $1 billion for top-25 financial institutions and partnered with Ellie Mae to further expand speed of liquidity and secondary market access. 

Most importantly, however, MAXEX continued to provide liquidity and stability as the non-agency mortgage market rapidly deteriorated during the COVID-19 financial crisis. Under Pearce’s leadership, MAXEX ensured that buyers remained in the market, providing liquidity and honoring commitments. 

Outside of MAXEX, Pearce is also cofounder, president and chairman of FACT Relief, a non-profit organization dedicated to supporting families battling debilitating or terminal disease, as well as other catastrophic life events, that may impact the household’s ability to provide for their family. FACT Relief has distributed $1 million in uninsured healthcare costs and granted $100,000-plus to families with minimal financial support.

What’s the best advice you’ve ever received?
The limitations of our success are between our ears. Have a big vision and execute.

Most Popular Articles

Will we ever see a “normal” housing market again?

The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.

Jun 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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