Complimentary Exchange Dramatically Streamlines Trading and Elevates Best Execution by Expanding Premium Pay-Up Opportunities

Incenter Lender Services (Incenter) today launched the Incenter CRA Exchange Platform, a first-of-its-kind, one-stop “matchmaking solution” exclusively focused on trading CRA (Community Reinvestment Act)-qualified and fair lending loans.

The new national exchange, complimentary for banks, IMBs (independent mortgage banks) and credit unions to join, dramatically streamlines current trading and transfer processes and elevates the standard for best execution in CRA-qualified loan sales. Developed with e11tec and Watermark TPO, a division of Watermark Capital, Inc., the platform is the latest Incenter innovation to improve lenders’ and depositories’ financial performance by removing operational roadblocks and increasing revenue-generating opportunities.

“The Incenter CRA Exchange Platform breaks new ground—redefining a complex and friction-filled process while strengthening our clients’ ability to invest in low-to-moderate-income borrowers and their communities,” said Ralph Armenta, President, Lending-in-a-Box, Incenter.

Traditionally, trading CRA-qualified/fair lending loans has been a highly inefficient process. Under pressure to meet quarterly and annual compliance deadlines, buyers can spend days searching for and securing loans that meet their specific credit and collateral requirements, which vary according to the communities they serve. Similarly, sellers may have a full pipeline of CRA-qualified/fair lending loans “sitting on the shelf” but lack access to potential buyers, who will often pay premium prices for these high-demand loans.

The Incenter solution, which builds on the e11tec automated intelligence platform for niche loan markets, solves these problems by serving as a “matchmaker,” confidentially and securely. Once buyers provide their credit overlays and geographic/MSA (metropolitan statistical area) requirements and sellers provide information on their loans, the platform automatically detects potential matches, alerts both parties, establishes loan eligibility, and updates buyers with pricing. Sellers can identify premium CRA pay-up opportunities at or near the point of sale (POS) to achieve “better-than-best-execution” with each trade. Buyers and sellers also control the servicing asset through this process with both servicing retained and servicing released options available via the exchange.

The Incenter platform provides additional efficiencies by handling all aspects of loan purchase and delivery through one counterparty, Watermark TPO, including MLPA (mortgage loan purchase agreement) negotiations, loan risk approvals, loan and collateral delivery, due diligence, settlement, and servicing transfers when applicable.

Becoming part of the platform, and taking advantage of opportunities year-round, is seamless and requires no technology integration. For more information, visit https://www.incenterls.com/cra-exchange/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251015600509/en/

The new national exchange, complimentary for banks, IMBs (independent mortgage banks) and credit unions to join, dramatically streamlines current trading and transfer processes and elevates the standard for best execution in CRA-qualified loan sales.