CBANC Acquires Mortgage Settlement Services Platform Lendwell

CBANC Acquires Mortgage Settlement Services Platform Lendwell

 

AUSTIN, TEXAS (PRWEB) APRIL 30, 2019

CBANC, the professional network for bank and credit union professionals, announced today it has acquired Austin, Texas-based Lendwell, LLC, a privately held integrated mortgage settlement services software and provider marketplace. Lendwell delivers mortgage settlement services to small and medium sized banks and credit unions, primarily focused on refinance and second mortgages, home equity loans and home equity lines of credit.

Through its SaaS platform, Lendwell aggregates loan originations across many lenders, helping banks and credit unions to streamline their loan operations with access to top mortgage settlement services from national vendors at 15-20% cost savings.

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