News: Brokerage

Capital Mortgage Services of Texas secures over $500 million with AXY Wrap

New York, NY CRE financial firm, Axylyum Charter, has announced that Capital Mortgage Services of Texas has secured over $500 Million of default protection through AXY Wrap.

Axylyum Charter, the parent company of the growth enablement product, AXY Wrap, has gained significant acclaim as the industry leader in credit line expansion and default risk mitigation. By shifting default exposure to AXY Wrap, lenders that work with Axylyum Charter can increase their lending facilities and foster relationships with their borrowers—ultimately leading to exponential growth.

“Capital Mortgage Services of Texas is one of America’s most prestigious and respected companies in the lending space. By securing over $500,000,000 with AXY Wrap, Capital Mortgage Services of Texas has positioned itself for substantial growth. We are very pleased to have the opportunity to partner with such a notable organization,” said Serge Petroff, CEO of Axylyum Charter.

Established in 1986 by CEO, Royce C. Lewis III, and president and COO, Linda Lewis, Capital Mortgage Services of Texas is a full-service mortgage bank that controls all elements of their clients’ mortgage transactions, from application to approval, to in-house underwriting and loan servicing.

“When I was first introduced to AXY Wrap, I was surprised that such an ingenious idea had not been previously developed. The removal of default risk is a game changer for the private lending industry. By securing our assets, we are positioned for business expansion and for an increase in line liquidity,” said Mr. Lewis.

Axylyum Charter has been recognized in prominent industry publications such as ‘The New York Real Estate Journal’, ‘Globe Street’, ‘Market Watch’ and ‘Private Lender Magazine.’ The firm is a proud member of the American Association of Private Lenders and the National Private Lenders Association

MORE FROM Brokerage

Law Firm Nutter expands space to 11,438 s/f at 5 Grand Central East

Manhattan, NY According to the Durst Organization, full-service law firm Nutter is expanding their office at 5 Grand Central East to 11,438 s/f. Nutter will take the entire 25th floor, in addition to renewing the firm’s existing office space on the 27th floor of the building.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.