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Maxex Secures Strategic Investment From J.P. Morgan

Jun 22, 2021•about 4 years ago
Atlanta

Description

MAXEX, the first digital mortgage exchange to enable the trading of residential loans through a single clearinghouse, announced it secured a strategic investment from J.P. Morgan (NYSE: JPM), with participation from existing MAXEX investors AGNC Ventures and Moore Asset Backed Fund, LP. The investment is intended to accelerate broad market adoption of the MAXEX exchange platform for buying and selling loans in the U.S. non-agency mortgage market

Company Information

Company

Maxex

Location

Atlanta, Georgia, United States

About

MAXEX is the first digital mortgage exchange to enable buying and selling residential loans through a single clearinghouse. We connect 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 is an Atlanta-based fintech company led by mortgage experts and financially backed by leading private equity and capital markets investors. Learn more by visiting www.maxex.com.

FundzWatch™ Score

82
Medium Activity