MAXEX is revolutionizing the secondary mortgage market by providing the only centralized exchange for buying and selling residential loans, enabling sellers (currently 340) to access buyers (currently 40) across many products (conforming, NQM, DSCR, Jumbo). The private market complement to Fannie Mae and Freddie Mac, it streamlines liquidity, standardizes transactions, reduces costs and fosters greater transparency for lenders, investors and other stakeholders. MAXEX provides best execution pricing and rate locks at point of borrower application and simplifies the loan trading process, empowering institutions to operate with greater efficiency and more liquidity, and expand access to capital for homeowners across the country.
MAXEX’s groundbreaking technology lies in its centralized digital exchange platform, which standardizes and automates the loan trading process. Built on a foundation of proprietary data analytics, secure API integrations and dynamic trading tools, the platform ensures consistency and reduces friction between sellers and investors. The cornerstone of this innovation is the Single Counterparty Model, which eliminates the need for multiple agreements, simplifies execution and mitigates counterparty risk for all participants.
MAXEX has facilitated over $38 billion in loan transactions since its inception. The platform’s significant loan volume highlights its role in streamlining mortgage trading and fostering liquidity across the market.
Adoption of MAXEX continues to grow, with over 380 sellers and buyers, including leading banks, independent mortgage originators and institutional investors, utilizing the platform. In 2024, MAXEX expanded its buyer roster by adding several world-leading asset managers, further solidifying its reputation as a trusted marketplace for secondary mortgage trading.