The financial technology industry is an ever-evolving sector, and Wells Fargo-backed mortgage fintech Maxwell is making its next wave with the acquisition of mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank. With this move, Maxwell is furthering its goal to become the most trusted end-to-end mortgage lending technology platform.
The acquisition of LenderSelect offers Maxwell an increased portfolio of mortgage products and services, including an expanded network of wholesale and correspondent lenders. Through this expanded network of lenders, Maxwell will be better equipped to provide competitive pricing, innovative technology, and increased security to clients nationwide. Additionally, the move allows Maxwell to increase its technical expertise in the mortgage sector with the addition of the more than 120-years of industry experience offered by LenderSelect.
• Wells Fargo-backed mortgage fintech Maxwell is acquiring mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank.
• Acquisition increases Maxwell’s portfolio of mortgage products and services, along with expanded network of wholesale and correspondent lenders.
• Increased network allows Maxwell to provide competitive pricing, innovative technology, and increased security to clients nationwide.
• Expansion of technical expertise in mortgage sector with the addition of the more than 120-years of industry experience offered by LenderSelect.
You can read this full article at: https://www.housingwire.com/articles/fintech-maxwell-acquires-mortgage-solutions-provider-lenderselect/(subscription required)
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