Mortgage fintech and services provder Maxwell has released MaxDiligence, a tool designed to provide due diligence and quality control services for its clients. This is the latest feature the company has released in its suite of tools designed for community lenders.
Through MaxDiligence, Maxwell says it can create a custom experience for any transaction type increasing efficiency, minimizing risk, and improving performance. Lenders using the service gain access to Maxwell’s staff of seasoned underwriting professionals with a diverse background of loan experience.
“The launch of MaxDiligence is a significant step towards an all-inclusive solution for our clients,” said Brian Simons, Maxwell’s president. “Maxwell continues to grow beyond a point-of-sale solutions provider, anticipating and solving the daily challenges community lenders face in the market today. Community lenders have historically been underserved in these offerings, and more recently, lenders both large and small are feeling the pressure with large backlogs in diligence services. MaxDiligence will provide a significant value, using automation to help our clients focus on streamlining their process.”
The service relies on technology and an experienced team of industry veterans to save lenders time and money across a wide array of asset types, the company said.
Maxwell says its point of sale technology recently surpassed $6 billion in monthly loan volume.
Sadie Gurley, a veteran with over 25 years of experience managing residential mortgage platforms and a recent addition to Maxwell, will help to head up the new offering.
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