MAXEX is the first and only mortgage exchange for buying and selling residential loans through a single clearinghouse. The platform connects banks 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 simplifies non-agency loan origination and acquisition through technology, creating standardization among the industry’s leading market participants.
In 2022, more originators and investors continued to adopt MAXEX’s platform. More than 335 mortgage originators and 25 institutional investors are approved to buy and sell through MAXEX as of December 2022 — a 25% percent increase over 2021. MAXEX also continues to play an important and growing role in the mortgage securitization market. As of December 2022, MAXEX loans have been included in more than 120 securitizations, making MAXEX one of the leading sources of securitized jumbo loans. In addition, MAXEX loans were featured in its first DSCR securitization in 2022.