RE/MAX and wemlo
The purchase of wemlo, a startup that delivers third-party real estate loan processing services, is a good investment in the companyвЂ™s rapidly growing Motto Mortgage franchise company.
RE/MAX Holdings, the moms and dad business for the RE/MAX and Motto Mortgage franchise brands, established Tuesday the purchase of wemlo, a 20-month-old, Florida-based fintech startup that delivers third-party home loan processing services.
Ward Morrison | Picture credit: Motto Mortgage
The purchase is a good investment into the companyвЂ™s rapidly growing Motto Mortgage franchise business, which had its second-best quarter in business history during Q2 of 2020, growing t0 127 workplaces.
вЂњThe number 1 issue within the home loan brokerage channel today is finding quality that is good,вЂќ Ward Morrison, the president of Motto Mortgage told Inman. Wemlo is Motto MortgageвЂ™s means to fix that problem. (meer…)