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Fintech Startup Maxwell Buys LenderSelect Mortgage Group

Monday, May 22 2023
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Written by  The Mortgage Leader

Maxwell, which offers a digital mortgage platform tailored to small and midsize mortgage lenders, has purchased LenderSelect Mortgage Group from Blue Ridge Bank. So reports NEXT Mortgage News.

handshake 220233 1280Terms of the deal for LenderSelect, which provides mortgage tools to 180 community banks and credit unions, were not disclosed.

The acquisition was Maxwell’s first but CEO John Paasonen said the fintech startup was contemplating further deals to expand.

Read the full article from NEXT Mortgage.

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