We’re incredibly excited to announce that we landed at number 62 on the 2022 Deloitte Technology Fast 500™ list. This recognition marks the second consecutive time we’ve made the list, last year achieving number 65. The Deloitte Fast 500 awards celebrate innovative, rapidly growing companies around the world, recognizing the fastest-growing public and private companies across the technology ecosystem.
This year’s ranking is especially meaningful to the Maxwell team due to the fast-evolving market conditions we’ve helped our lender customers navigate. A lot has changed over the last 12 months. Given the cyclical nature of the mortgage market and significant changes in the economy, we knew this year would be a challenge. We believed that our lender customers—and therefore Maxwell as a business—would confront obstacles to profitability that would make strategic technology and solutions critical.
A partnership approach
In anticipation, we prepared for Maxwell to position itself as a stronger partner to its clients. Our goal has been to provide our customers tools and capabilities to be successful even in the face of rising loan costs, compressing margins, and declining volume. That means arming lenders with tech-powered solutions that help them become more efficient, save costs, and reach new home-buyer audiences.
“Over the past year, we’ve doubled down on our products and innovation to help lenders in our network meet changing market conditions with confidence,” commented John Paasonen, who received the award on behalf of Maxwell in Denver, CO yesterday. “Our placement on the Deloitte Technology Fast 500 list is a meaningful reminder of the impact we’ve been able to provide through features and solutions designed to improve lenders’ efficiency, economics, and ultimately, their resilience.”
All-inclusive mortgage solutions
Our releases over the past year have included Maxwell Capital, Maxwell Processor Edge, Maxwell Private Label Origination, and the Maxwell Spanish-language loan application. Our solutions now address the entire mortgage process, from point of sale through the secondary market, with our Private Label Origination offering giving both lenders and non-lenders the unique ability to expand their mortgage footprint or build mortgage operations from scratch through a simple, one-partner experience.
Through these efforts and more, we’ve been able to support the 300+ lenders on the Maxwell platform. In the coming year, we plan to continue to invest in solutions that add value to the entire mortgage process, giving lenders across the country the inclusive tools they need to reach new home buyers and access remaining market opportunity. The Deloitte Technology Fast 500 award serves as motivation to continue helping our customers flex to market challenges, no matter what lies ahead.