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Welcome to LEX Edge– The Lenders Exchange


LEX Edge was devised to aid lenders in their efforts to fulfill their bank’s obligation with regard to the Community Reinvestment Act (CRA). With the help of LEX Edge, a lender can purchase or sell one or more loans by geography (census tract) in support of their bank’s overall CRA effort or to otherwise reinforce or restructure the bank’s loan portfolio. Sellers are comprised of a variety of loan originators, including banks and licensed mortgage bankers/brokers. Buyers may consist of other banks and/or investment companies that create and sell mortgage backed securities for CRA compliance as well as for general investment needs.

Virtually any loan type can be listed for sale,
including closed loans as well as loans approved for sale.

LEX Edge provides a connection for site users. It does not negotiate the purchase or sale of a loan in any transaction. This part of the process is handled one on one, between the Buyer and the Seller. Buyers and Sellers will be responsible for negotiating all terms and conditions of a sale. Additionally, Buyers will be responsible for any due diligence required in connection with a purchase of a loan. A variety of tools are available within the site to aid in this process. LEX Edge does not guarantee (implied or otherwise) the quality of loans listed for sale. It’s primary purpose is to provide a network through which loan purchases and sales may be facilitated.

LEX Edge Demo

 
 
 

Join Lexedge Now and Begin Buying and Selling Your Approved Loans.

 

Lex Edge
11 South Hollybrook Drive
Toms River, NJ 08753
Phone: 732-255-3780
Fax: 732-255-3781
info@lexedge.com

 

The Lex Edge is owned and operated by Compliance Management Associates, Inc.
© 2005 Lex Edge - The Lenders Exchange. All Rights Reserved.
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