MAXEX LLC, an Atlanta-based residential mortgage loan exchange provider, said Monday it has closed a $38 million new funding round led by Moore Asset Backed Fund, LP, an investment fund managed by Erik Siegel of Moore Capital Management LP.
MAXEX operates a multi-seller to multi-buyer residential mortgage exchange that could be used by thousands of institutions nationwide that buy and sell residential mortgage loans in the secondary market. MAXEX says its technology will revolutionize…
