ECGI to Acquire RezyFi for $25M Mortgage Platform

ECGI Holdings, Inc. has signed a definitive agreement to acquire RezyFi in a transaction valued at $25 million. The deal will add a 29-state licensed mortgage origination platform with approximately $140 million in annual funding volume to ECGI’s operations.

The acquisition is structured as a share exchange, with ECGI issuing $25 million in Series E non-voting convertible preferred stock, subject to staged conversion limits and transfer restrictions. ECGI said it is integrating RezyFi into its mortgage tokenization strategy, including a pilot to tokenize up to $10 million of residential mortgage loans originated by ResMac, a wholly owned subsidiary of RezyFi.