MAXEX is the first and only mortgage exchange for buying and selling residential loans through a single clearinghouse. The platform connects more than 300 bank and non-bank lenders with more than 25 premier investors, including Wall Street banks, real estate investment trusts and insurance companies to enable faster, more efficient liquidity. MAXEX simplifies non-agency loan origination and acquisition through technology, creating standardization among the industry’s leading market participants and its single, central clearinghouse.
The non-agency secondary market for residential mortgages is built on decades of bespoke, one-to-one relationships. This fractured market structure creates numerous issues for originators and mortgage buyers alike, including massive inefficiency, fractured processes, unequal access to capital and a lack of market transparency. MAXEX solves this by delivering standardization and efficiency through a single technology platform and single standardized clearinghouse, enabling loan buying and selling at unprecedented scale.
In 2023, MAXEX entered a strategic partnership with South Street Securities Holdings and Atlas Merchant Capital, further enhancing the company’s clearinghouse and value proposition.