RE/MAX acquires fintech startup to help home loan brokerage biz

RE/MAX and wemlo

The purchase of wemlo, a startup providing you with third-party home mortgage processing services, is a good investment into the company’s rapidly growing Motto Mortgage franchise company.

RE/MAX Holdings, the moms and dad business regarding 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 real estate loan processing services.

Ward Morrison | Photo credit: Motto Mortgage

The purchase is a good investment within the company’s rapidly growing Motto Mortgage franchise company, which had its second-best quarter in business history during Q2 of 2020, growing t0 127 workplaces.

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