Description: The first exchange & clearinghouse for trading residential mortgage loans, connecting a network of 330+ lenders with 25+ buyers via a single contract, counterparty, and fulfillment process.
Website: www.maxex.com
Services Offered: Exchange & clearinghouse for trading residential mortgage loans.
Seller Minimum Net Worth Required (in Millions): $5mm TNW; exceptions considered to $2.5mm.
Other Seller Requirements: Minimum cash of $2mm; exceptions considered to $1mm.
