NEW YORK, March 23, 2022 /PRNewswire/ — Exilium Charter has announced that wholesale mortgage bankers have opted for its portfolio of $1.2 billion in annual loan generation with a growth-enabled product, XY RapTM.
Wholesale Mortgage Bankers, one of the largest private lenders in California, was founded in 2012 and currently generates over $100,000,000 in monthly loans.
“Market volatility can no longer be ignored. It is clear that a market correction is around the corner, and now we are on the bullish side. AXY WrapTM will secure a portfolio through any market condition. From default This protection – coupled with the ability to receive capital at a reduced cost – has empowered our lenders to not only continue their operations, but to expand. Imagine what will happen to your business a year from now. Don’t worry about it. That’s what AXY WrapTM provides peace of mind during volatile times,” said Serge Petroff, CEO of Exilium Charter.
A security for retail and wholesale private lenders within the mortgage-backed security market, AXY Wrap™ gives Axylyum customers the option to receive 100% of the original value of any distressed asset in the event of default.
Lenders that engage Axylyum Charter can take advantage of the recent substantial reduction in access to capital, through proactive risk divestment provided by AXY Wrap™. This option is available to all Axylyum customers and is one of the major benefits of the product.
“Sustainability and growth are critical to any successful business. We aim to take wholesale mortgage bankers to the $2B mark by the end of 2022. Working with Axylyum will help us meet that goal. While some With private lenders preparing for the worst, we are looking forward to our best year ever. We are excited for this partnership and the future of lending,” said Brent Park, President of Wholesale Mortgage Bankers.
The Exilium Charter has been featured in several notable publications such as Real Estate Weekly, Mortgage Orb, National Mortgage News, Mortgage Banker Magazine and Globe Street. In 2021, he gained significant notoriety by being recognized as ‘Company of the Month’ by The New York Real Estate Journal.
About Exilem Charter:
Exilium Charter has disrupted the commercial lending space with its growth-enabled product, XY Wrap™. Specifically designed for private moneylenders, AXY Wrap™ supports portfolio expansion by removing the risk of default.
For more information about AXY Wrap™, visit www.axylyum.com.
About Wholesale Mortgage Bankers:
Wholesale Mortgage Bankers is a California licensed mortgage lender that has been providing fast, flexible loans to a wide variety of customers for over a decade. WMB offers a variety of products and services that the broker community requires. The strength of Wholesale Mortgage Bankers lies in the management’s direction to provide prompt communication to the brokers which is the most important building block for the broker community.
For more information on Wholesale Mortgage Bankers, visit: www.wholesalebankers.com
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