MAXEX is the first digital mortgage exchange to enable the buying and selling of residential loans through a single clearinghouse. The platform connects bank and non-bank lenders with premier investors, including Wall Street banks, real estate investment trusts and insurance companies to enable faster, more efficient liquidity. MAXEX performs due diligence on all loans sold on the platform and purchases the loans through MAXEX — the wholly-owned clearinghouse. From there, buyers on the platform purchase loans from MAXEX.
- It has doubled the number of participants over the last 13 months, and the exchange now actively supports more than 270 originators and more than 20 of the industry’s most active portfolio investors and securitizers.
- in 2022, the company has plans to more than double the size of the national sales force to accommodate and accelerate platform adoption.
- Since its founding in 2016, it has reached more than $26 billion in aggregate non-agency trading lock volume.