Mortgage Veteran Rick Seehausen Joins Maxwell Board of Directors

Rick will leverage 30+ years of financial services experience to support Maxwell’s continued growth

DENVER, Colorado. May 14, 2024. Today, leading mortgage and financial services provider Maxwell announced the addition of industry veteran Rick Seehausen to its board of directors. With more than 30 years of tenure in financial services, Rick brings a wealth of expertise and vision for leveraging technology to improve mortgage lending. Working in partnership with Maxwell leadership, Rick will channel his significant experience to advise on the strategic direction of the company.

As a successful leader, entrepreneur, and advisor, Rick has played pivotal roles in multiple financial service companies over the last several decades. He acted as founding partner of both Preserv Financial, Inc. and LenderLive Holdings, Inc., where he served as President and CEO. He subsequently held roles as Vice Chairman, President, and COO of Cherry Creek Mortgage, a top 50 independent mortgage lender and Cherry Creek Holdings. Most recently, he acted as board advisor to LauraMac, aiding in growth strategies and corporate development.

“We’re thrilled to welcome Rick to our board of directors,” commented John Paasonen, Maxwell Co-founder and CEO. “Rick’s deep understanding of mortgage operations and technology combined with his innovative approach to solving some of the industry’s most pressing challenges make him ideally suited for the role.”

Rick’s addition to Maxwell’s board comes at a pivotal time of growth for the company. In 2023, Maxwell launched its mortgage-as-a-service platform, Maxwell Private Label, which enables banks, credit unions and new entrants to the mortgage market to deliver a fully branded end-to-end mortgage to their clients. Likewise, Maxwell’s growth of its capital markets solutions, powered in part by its acquisition of LenderSelect in May 2023, has enabled it to continue to provide a powerful, competitive edge to the lenders serving America’s communities, ultimately improving their bottom lines.

Rick’s addition to the company will help Maxwell continue to build upon the momentum created by these strategic actions. 

“I’m excited and energized to work with a forward-looking company like Maxwell,” said Rick. “Maxwell represents the continuing need for improved processes, borrower experience, and lender profitability, which is a journey I have spent a career pursuing. Maxwell’s mortgage-as-a-service infrastructure, along with its software, fulfillment, and capital markets expertise, make the company uniquely positioned to transform the industry. I look forward to collaborating with the Maxwell team to support its vision of providing lenders a permanent financial advantage no matter the market cycles.”

About Maxwell

Maxwell provides America’s lenders with forward-looking technology and solutions for the entire mortgage origination process, from the loan application to the secondary market. Backed by a deep bench of industry expertise, Maxwell’s offerings enable lenders to stay ahead of the competition while improving their margins. Each day, Maxwell powers over 300 mortgage lenders, banks, and credit unions to serve tens of thousands of homebuyers with a modern lending experience. Lenders on Maxwell close loans more than 13 days faster and their loan officers each close over 40% more loans per month. 

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