InvestorWire NewsRoom

Article

Rising Mortgage Lender REZYFi, Inc. Weathering Difficult Economy with Plans for Nationwide Expansion, Cannabis Industry Lending in Coming Months
September 28, 2022

Rising Mortgage Lender REZYFi, Inc. Weathering Difficult Economy with Plans for Nationwide Expansion, Cannabis Industry Lending in Coming Months

  • REZYFi, a Miami-based mortgage lender, servicing traditional and non-traditional loans, is expanding its operations as part of a strategy to weather recent interest rate-affected market challenges
  • REZYFI’s two wholly owned subsidiaries, REZYFi Lending and ResMac Inc., work through a network of independent brokers and proprietary technology to service home owners as well as corporate clients
  • REZYFi expects to grow from more than 30 states where it is licensed to holding a licensing in every state
  • The company is also preparing to launch a high-margin cannabis commercial real estate lending division later this year

Emerging mortgage lender company REZYFi (stylized as “RZFI”) is building toward a planned launch for its product, which targets hard-to-finance lending markets in addition to traditional real estate consumers and includes a developing proprietary technology that will underscore its economy in turnaround time and staffing.

Housing prices rose at a record 43 percent appreciation during the height of the pandemic as the U.S. workforce reconsidered career priorities and quality of life issues, often seeking greener pastures with the hope of greater remote work opportunities (https://ibn.fm/LPcDB). But in recent weeks, the market has entered the beginnings of a correction — spurred largely by ongoing inflationary concerns and the Fed Reserve’s efforts to curb it by raising interest rates (https://ibn.fm/5j57s).

As a result of the economic pressures, a number of mortgage lenders have gone bankrupt, particularly among non-qualified (non-QM or NQM) lenders that cater to businesses and consumers that struggle to get a qualified mortgage loan (https://ibn.fm/HJFN0).

REZYFi’s 100 percent-owned subsidiaries — REZYFi Lending and ResMac Inc. — have felt the pressure as well, but are emerging as models of how companies can survive and emerge stronger.

“We’re not the most expensive, and we’re not the least expensive lender. We really pride ourselves on delivering execution and service, really not getting into the price battle, because we’re not a large company with a large balance sheet that can buy down prices and compete on price,” ResMac’s Chief People Officer Evan Tullos told HW Media this month (https://ibn.fm/FYaCw).

Tullos noted the company’s efforts to manage efficient staffing levels and expand its products and services into more commercial markets as part of its growth strategy. A significant segment of the commercial market is state-licensed operators in the cannabis industry, which have long struggled to obtain traditional loans and other banking services despite the boom they’ve enjoyed in recent years as state-by-state legalization efforts have advanced (https://ibn.fm/HNib7).

RZFI plans to launch a high-margin cannabis division later this year, during its Q4 reporting period, further signs of its expectations for its growth strategy. The company is licensed in more than 30 U.S. states and expects to expand to all remaining states.

The company has invested heavily in designing, building and implementing proprietary automated/machine learning technology to increase efficiencies and improve its outcomes, making it possible to operate its legacy business at staffing levels “meaningfully below those of its competitors,” according to the company.

For more information, visit the company’s website at www.REZYFi.com

NOTE TO INVESTORS: The latest news and updates relating to REZYFi are available in the company’s newsroom at https://ibn.fm/REZY

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Recent Articles

Release Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).