MAX Exchange
Exchange and clearing house for the purchase and sale of residential mortgage loans.
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MAXEX is a pioneering digital mortgage exchange that revolutionizes the secondary mortgage market by providing a single clearinghouse for buying and selling residential mortgage loans. Launched in 2016, MAXEX addresses inefficiencies exposed by the 2008 housing crisis, offering greater liquidity, efficiency, and transparency. The company serves a diverse range of clients, including mortgage originators, banks, and investors, by facilitating the trading of jumbo mortgages and non-qualified mortgage (non-QM) loans. Operating in the U.S. mortgage market, which is the largest credit market globally with $10 trillion outstanding, MAXEX simplifies the traditionally complex and costly process of mortgage trading. By reducing acquisition costs and streamlining operations, MAXEX helps clients source high-quality loans more efficiently. The business model is based on transaction fees from facilitating these trades, ensuring a steady revenue stream.
Keywords: digital mortgage exchange, secondary market, jumbo mortgages, non-QM loans, liquidity, efficiency, transparency, mortgage originators, clearinghouse, trading platform.